These are the settings you require you to set to help manage how much your account is able to spend based on your available capital. Currently, we only have 4 mandatory risk settings, which are:
- Trade Limits, which refers to the amount of trades you can place in x amount of time.
- Maximum Option Premium, which refers to the max contract price of an option trade.
- Maximum Individual Trade Price, which refers to the max total dollar amount per trade.
- Allowable Slippage, which refers to the percent amount a trade can move above our entry and still allow your account to enter as long as it is below your risk settings.