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FG
 Member
 Posts: 39
Joined: 1/8/2004
Location: Atlanta, Ga
User Profile |
Hello Barry, is there a way to AutoTrade the ATM Macro & Micro profile but limit AutoTrade's use of funds (for example)to only three quaters of the account's net liquidation value and that three quarters be 100% margined?
Example:
Account net liquidation value: $100000, margined to $200000 buying power.
What are the settings required to limit AutoTrade to only $75000 of the net liquidation value, buying power $150000?
Thank you, Fred Gordon
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Barry Cohen
 Sage
      Posts: 6338
Joined: 1/19/2004
User Profile |
You can Set Port Sim Leverage setting to 1.5 so that 150% ($150,000) is available to use or set it to 0.75 so that $75,000 is available to use, but there isn't a way to do a mix of both. Unless you want AutoTrade to filter out some of the ATM trades. You could have Port Sim set to 1.5 Leverage & AutoTrade Max Percent Equity at 75%. Then there will be ATM trades using $150,000, but AutoTrade will not submit them when 75% is reached.
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SteveL
 Veteran
    Posts: 262
Joined: 8/19/2005
Location: Boulder, CO
User Profile |
Hi, Barry.
In this example ($100,000 plus margin), what happens if the other 0.5 ($50,000) of the leveraged $200,000 available is in other/non-ATM trades? Does ATM see those trades and calculate that only $100,000 is available for ATM trades? Or does ATM ignore those non-ATM trades, and continue placing orders until there are $150,000 in ATM trades?
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Barry Cohen
 Sage
      Posts: 6338
Joined: 1/19/2004
User Profile |
ATM would not see the trades, but it will see the available equity is lower. Since there are non-ATM trades in effect, that 150% would not equate to $150,000. It would be a lower value depending on how much equity is there with those non-ATM trades open.
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