Wednesday, July 1, 2015

One Way To Avoid Market Uncertainty

One purpose of choosing multiple Strategic Trade Ideas and overlaying strategies is to mitigate risk through diversification and hedge against a downturn. However, if you are feeling squeamish about the market (and there's plenty of reason to feel that way - I'm looking at you, Greece and Puerto Rico), and don't want to open any new positions, one way to do so is to simply turn off the Automatic Entries.

In the Trade Tab, turn AUTOMATIC ENTRIES to OFF:



If you leave the Automatic Entries off and Automatic Exits on, the system will still trigger Closing Orders but will not send Opening Orders. However, you can still see what the system would have triggered in your Opening Orders tab:




Notice on the left, none had the checkmarks. If you decide you want to enter them manually after all, click the box to the left of the trade. You will be prompted by the system to confirm whether to send the trade:




Clicking OK will send the market order for execution. 

Hope this helps and your investments haven't taken too much of a hit this week! 

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