TradeStation Portfolio Maestro

Fixed Amount - Money Market Strategy

This strategy allows investing a fixed amount of money per trade.

• For Equities, this amount is divided by (Share Price*Exchange Rate) and the resulted number rounded down is the final number of shares for the trade.
• For Futures, this amount is divided by (the Margin* Exchange Rate) and the resulted number rounded down is the final number of contracts. The strategy’s inputs are: Round Contracts, Maximum Contracts, Fixed Amount. Parameter Round Contracts allows rounding to the closest down.

Example

If Round Contracts = 10 and the number of contracts to purchase was calculated as 27, then the number of contracts purchased will be 20. To avoid rounding make Round Contracts=1.