If you have allocated money to multiple strategies and want to change the allocation to the strategies; here are the steps you need to follow:
- For each strategy find out what your “money to allocate” is and the “Model account size” is. If you don’t know what we are talking about, look at Step 6 in the “Getting Started” section. We weren’t kidding there, when we said that was the most important step.
- Make sure you do that for each strategy that you are planning to allocate money to. At the end of this step you should have the auto-scaling percentage for each strategy.
- Next step is to modify the auto-scaling for each strategy accordingly. Here is a video link explaining how to calculate the auto-scaling %.
- Here is a simple spreadsheet to help you calculate the auto-scaling percentage as per the guidelines provided in the video.
- Once you have the auto-scaling percentage, click on the settings icon next to the strategy to change the auto-scaling percentage
- Then click on the “Change Auto-trader Settings” to get the screen where you can modify the scaling percentage. Change the percentage and click on the “Turn on Auto-trade” button to save the changed settings.
- Do that for each of the strategies that you have subscribed to.
- At the end of it make sure that you have allocated correctly by reviewing the dashboard screen
