Pair Trading Lab Helpdesk & Forum

PTL Trader => Questions & Answers => Topic started by: Horacio Moreno on August 22, 2019, 04:24:55 pm

Title: Trading dollar amount limits
Post by: Horacio Moreno on August 22, 2019, 04:24:55 pm
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
Title: Re: Trading dollar amount limits
Post by: admin on August 22, 2019, 04:26:20 pm
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
Title: Re: Trading dollar amount limits
Post by: Horacio Moreno on August 22, 2019, 04:41:47 pm
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
Title: Re: Trading dollar amount limits
Post by: admin on August 22, 2019, 06:31:07 pm
Look at the Money Management section: https://wiki.pairtradinglab.com/wiki/Pair_Trading_Lab_Portfolios
Title: Re: Trading dollar amount limits
Post by: Horacio Moreno on August 24, 2019, 12:55:49 pm
thank you!