Trading dollar amount limits

[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!