What is "Max Allocation"?

FAQ: What is "Max Allocation"?

Max Allocation indicates the maximum amount of funds that your rule or strategy can allocate for trading at any given time.

For example: "Max Allocation: $450" means the rule will not use more than $450 for its trades at any one time. If the max allocation i s reached, your rule will stop executing buys until a sell is executed freeing up some of the allocation.

This feature helps you manage risk by setting a limit on how much of your capital is used for a specific rule or strategy.