Newbie Question

Hello this may sound kind of stupid but please bare with me I’m only 18. With the various systems, do you have to have certain amounts of collateral to match? for instance alot of the systems are trading on 100 k, but I’m tradeing with 5 k so with the auto trade feature will it adjust for that?



Thank you for your help

Yes, Daniel. When you set up autotrading, you specify a scaling factor that will adjust trade sizes accordingly. Note, however, that depending upon what you will be trading that there is a certain "granularity" - ie minimum increment - to each position. As such, trading futures would be basically impossible, but stocks may be OK.



Hans.