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Setting account in Paper Trading Rate this Topic:
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Corto
Posted : Wednesday, October 24, 2018 10:39:40 AM
Registered User
Joined: 6/5/2015
Posts: 107

How can I modify my account in Paper Trading? My orders keep being rejected because of insufficient buying power.

Thanks,

Corto

StockGuy
Posted : Wednesday, October 24, 2018 10:48:01 AM

Administration

Joined: 9/30/2004
Posts: 9,187

You would need to close out some open positions in the paper account.  You cannot add funds to a paper account.

Corto
Posted : Thursday, October 25, 2018 10:50:17 AM
Registered User
Joined: 6/5/2015
Posts: 107

OK, I closed them, but thought I could simply reset the account and start clean with a new cash amount.

Is there a default value or can I set it to whatever I want?

Or is there a tutorial on how to set the paper acct?

Thanks,

Corto

StockGuy
Posted : Thursday, October 25, 2018 10:51:56 AM

Administration

Joined: 9/30/2004
Posts: 9,187

You can add as many practice accounts as you want and set the starting amount.  Click on your paper account at the top of the program and then click "Add Practice-Trading Account".

Corto
Posted : Saturday, October 27, 2018 9:11:30 PM
Registered User
Joined: 6/5/2015
Posts: 107

Thank you.

 

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