PTL Trader > Questions & Answers

Trading dollar amount limits

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Horacio Moreno:
Hello,

How Do I set a limit on the dollar amount in a trade ?.


Do I have to pay the monthly Market Data to pairtradinglab or IBK or both?.


Thank you

admin:
Hi Horacio!

To your questions:

1) There is no possibility to set an absolute limit...you can set the percent of capital allocated though
2) You only purchase IB market data

Kind regards,
Karel

Horacio Moreno:
Hi,

Would you be kind and let me know where I can setup that allocation?. Is that the "Allocate Account %" field in the portfolio details?. If so, that means that only that % of my account would be allocated for my portfolio?.


Regards,

Horacio

admin:
Look at the Money Management section: https://wiki.pairtradinglab.com/wiki/Pair_Trading_Lab_Portfolios

Horacio Moreno:
thank you!

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