Edit Account Settings - Exposure

I wanted to point out a Setting that is important for everyone when they get started with Strategic Trade Ideas. This is especially important for Cash Accounts because the system automatically assumes you have Buying Power when it enters Opening Orders when calculating your available funds for trading. It is also helpful if you already have existing positions in your account before getting started.

If this is not set properly, the system may send trades that well overspend what you have available. Fortunately, the broker system will automatically reject them so you don't actually overspend your account, but to make sure you have the right amount allocated to your Opening Orders, be sure use the Edit Settings - Exposure tab.

When you are setting your account up for Strategic Trade Ideas, you should speak to an expert on the system at 888-385-6293 and he or she will walk you through all the settings and help you select the right Trade Ideas and Strategies that are right for your investment goals. Setting the Account Exposure is part of that process, but I wanted to highlight it in case you change you mind about how much you want allocated to the STIs.