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How Bot Allocation Limits Work to Protect You from Overtrading

Duration: 09:21Views: 2.1KLikes: 26Date Created: Mar, 2021

Channel: Option Alpha

Category: Howto & Style

Tags: tradinghow to trade optionsoptionstraderstock marketinvestingstock tradingfinancial educationoptions trading

Description: Inside this bot tutorial, we'll show you how allocation limits and position limits work as firm guidelines for the bot to follow so that they don't trade more money than you want or enter more positions than you are comfortable with. These are the basis for every single bot you create or clone and help give you comfort knowing that the bots will follow your global limits. Want to see more examples? Check out our new library of bot templates: optionalpha.com/templates Don't forget to click here to subscribe to get updates for new videos: youtube.com/OptionAlpha?sub_confirmation=1 Want to learn more about our autotrading platform? Follow our progress and join the waitlist here: beta.optionalpha.com

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