PTL Trader > Questions & Answers

Multiple Pairs/One Account Binding

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D.J. Vorreyer:
If I read the trader manual correctly, "So you can bind just two of your portfolios to an IB account."

I've recently created a second set of trading pairs that I'd like to bind to my IB account along with my original set.  When I try to bind, I receive an error message saying: "There is another portfolio already bound to this account."

If I have two portfolios in PTL, shouldn't I be able to bind the second to my IB account?

admin:
It must be different IB account from the first one.

Gayan Samarakoon:
so to confirm - only one portfolio can be bound to one IB account at anytime?

the solution to run multiple portfolios => either multiple IB accounts OR combine all portfolios as one?

admin:
Yes and yes :)

Pedro Desouza:
Hello,
I am new to Pairtradinglab.
Given the restriction of "one portfolio bound to an IB account at any time," what is the best way to replace an old portfolio with a new one? Do I need to close all positions created by the old portfolio before binding the new one? Is there a way that the new one can pick up the open positions and continue from there?
Thanks!

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