Please read this blog post before you proceed to make sure you understand the trade-offs you are making between risk and return and select the right strategy. You will also find links to our disclaimer and licensing agreement

• Go to our website www.koalla.tech and click on Clients > Client Portal
• Register for an account and verify your email address
• This is where you would come to configure your subscription to various strategies and monitor your account

• Interactive Brokers (IB) is the only brokerage we can work with. They provide us the required API access to link the strategies to your brokerage account.
• If you are a video-person, here is a video that explains Step 2 and 3
• Unlike a TD Ameritrade which primarily caters to small investors, Interactive Brokers caters to large traders. Excellent functionality and low costs, but not a very intuitive UI. Here is a link that compares them to TD Ameritrade.
• Click here for the link to open the account with Interactive Brokers. Log in to the Koalla client portal using the credentials you created in Step 1.  Use the first link on the page as the referral link to Interactive Brokers to get the “free” IBKR shares.
• Keep in the mind that the referral is only valid for Individual, Joint, Retirement accounts. For entity, LLC, business accounts, go to www.ibkr.com and open an account using the regular process.
• While opening the account, make sure you open a IBKR Pro account. 
  
• If you are opening an LLC account with friends, make sure you select “Small Business” when you start the application process

• This step is very important else you won’t be able to trade in the instruments we trade with in the algorithm
• Investment Objectives should include Growth, Hedging and  Speculation
• Trading Permissions should include Stocks – United States, US – Penny Stocks (for Bitcoin ETF GBTC) and  Complex or Leveraged  Exchange Traded Products – Global
• Include Options and Futures if you envisage trading them in some of our third party strategies
• Your screen should like this, if you have correctly setup the permissions. Note the permissions in the red circle.

  

• Initiate the steps required to fund your Interactive Brokers account. 
• The next few steps should ideally be done a couple of days prior to the Interactive Brokers account getting funded.
• What you are subscribing here is for the third-party platform which allows you to rent our strategies/ algorithms and configure it for your brokerage account. 
• This is not the strategy subscription. You need to subscribe to the platform before you subscribe to any strategy. 
• Login to the koalla.tech client portal 
• Subscribe to the auto-trading plan. In most circumstances you will need the cheapest one
• Subscribing to the annual plan will give you a 30% discount

• This is when you would send us the initial onetime set-up fee of $400 to us here. 

• For Koalla Tech (KT) strategies – Monthly Subscription – This step is literally us pressing the button to process your subscription in the back-end. But first you will have to accept our licensing agreement and initiate the monthly subscription here.

• Once you have setup the monthly subscription, set up time with us here to walk through the rest of the process. 

• Prior to the call with us, watch this  video that explains the “math and logic” behind the next step. 

• Steps 6,7, 8 are the set-up activities that are required to connect your brokerage account to the strategies and involve a little bit of math and science. Setup time with us at support@koalla.tech if you need hand-holding for these steps. Priority will be given to subscribers who have already paid the monthly subscription fees. 
• Calculating the auto-scaling percentage is the most important of the three steps.  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. 
• The auto-scaling percentage is calculated for each strategy as the ratio of  “Money you want to allocate”/ “Model account size”.  Assuming you have $100K to allocate or you trying to change your existing allocation. You need to first decide how much money you want to allocate to each strategy. In this case assume 60% to Strategy 1 ($60k) and 40% to Strategy 2 ($40K).  The steps below will need to be repeated for each strategy that you are trying to set up. 
• For Strategy 1, then the “Money you want to allocate” is $60K. 
• For Strategy 1,  The “Model account size” is the size of the model portfolio of the strategy you are following. Pull up the strategy performance and hover the mouse over the performance graph to get the amount.  In the diagram below, it is $264,987. This number will change with the model account performance. 

• For Strategy 1,  the auto-scaling percentage should be 60/ 264.987 which is 22.66% rounded down to 22%. The rounding down to a whole number is assuming you do not want to use margin. Repeat this step for each strategy. 
• At the end of this exercise, you should have the scaling percentages for each strategy. Once you have this, you are now ready to move to the next step. 

• Login to your account after we have confirmed your subscription and click on the “subscribed” tab at the top. Then click on the strategy name or on the “live” button.  
• When you get to the strategy page, it should prompt you to set-up auto-trade. 
• For those with existing allocations and you are just trying to change the allocation, just click on the “Settings” icon next to each strategy to get to the strategy configuration page. 
• Link your IB account
• You will be prompted to enter your IB account number and go through a series of “legal” approvals from your side to make sure you understand the risks before you proceed.
• Here you can configure your subscription to the strategy
• Make sure you set it up with the correct scaling percentage. This is an important setting that needs to be changed every time you add or remove money from the account. 

• For eg. If the model account is at 264.98K and you started with 100K, the ideal auto-scale is 37.73% (100K/ 264.98K). Since the auto-scaling is in whole numbers, you would therefore have set it up to 37%. The remaining 0.73% would still be in your account as cash. You now have two options:

  • Option 1: Increase the 37.73% to 38%; which would mean that you are now trading more money than you have in the account and therefore using margin. The margin cost in IB is very low so normally this would not be a problem. However IRA accounts are not allowed to trade a higher capital than what they are funded with, so this option would not work for IRA accounts

  • Option 2: Stay at 37% and trade the remaining 0.73% in a low volatility bond fund so that you make some money from it. I would recommend using either MINT or GSY as the ETF to put the balance money in.

• Either option would work. I would recommend Option 1 for regular accounts and Option 2 for IRA accounts

• You should now be prompted for legal approvals and then the final screen is one where you download the “IB Agreement” document

• Submit your “IB Agreement” document and a photo id to docs@autotradenow.com. This is a manual step and takes 2-3 business days for Interactive Brokers to approve

  

• Once Interactive Brokers approves your account, you should be able to monitor your account as shown in the next steps. If there is a big change in the model account value in the 3 business days that it takes to get approval, you may have to tweak your auto-scaling percentage. 

• The dashboard screens will now reflect your IB account balances and performance
• The details tab will show your account positions and the model account positions. Compare the two to make sure you are not missing any positions.

• You can access the P&L report by account and by strategy on the client portal by going to Invest/ Autotrade > P&L report
• This is the report that will need to share at the end of the year for Koalla Tech strategies to cap your fees. 

• Please do not ignore any error messages you get from the platform
• If you do get any error messages go to the Troubleshooting page to resolve the problem
• In case of questions please contact us