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====== Setting Risk Parameters ====== | ====== Setting Risk Parameters ====== | ||
+ | There are many options for managing risk once Risk Management is enabled. | ||
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+ | A lot of these settings can be configured in the account setup screen. | ||
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+ | ===== Account Modes ===== | ||
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+ | The Account Mode changes many different parameters. | ||
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+ | More information on Account Modes found through this link: https:// | ||
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+ | ===== Limits ===== | ||
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+ | **Max Clip Size:** The max lot that can be submitted at once. | ||
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+ | **Max Position:** Amount of positions account is allowed to hold. Account Mode influences this setting. | ||
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+ | **Max Pit Trades:** Amount of pit trades the account is allowed to hold. Account Mode influences this setting. | ||
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+ | <WRAP center round info 100%> | ||
+ | Note: Outrights are standalone contracts and Strategies are spreads. | ||
+ | </ | ||
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+ | **Block Expiring Futures and Options:** Entering a value sets the amount of time away from the expiring contract that no more positions can be opened. | ||
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+ | **Daily Start and Stop Trading Time:** Beginning and ending time of day positions can be opened. | ||
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