Allow Short Term Gains by Default

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Directed Trade Settings on the Rebalancing System Settings page allow you to change the default trade rules you see when you work with directed trades. The Allow short term gains by default option controls the default setting for the Allow short term gains trade rule within a directed trade.

These are the options available:

Yes: In a directed trade, Tamarac Trading will default to Yes which means all trades generated that create short term gains will be allowed, regardless of whether an account allows short term gains or not.
No: In a directed Trade, Trades will default to No which means all trades that generate short term gains won't be allowed, regardless of whether an account allows short term gains or not.
Use Account Setting: In a directed trade, Tamarac Trading will default to Use Account Setting which means that all trades created in accounts that allow short term gains will be allowed to make trades that generate short term gains, but won't be allowed in accounts that do not allow short term gains.

Note

The setting to either allow or prevent short term gains in an account can be found in each individual account's settings.

important

The settings under Directed Trade Settings will become your default directed trade settings. However, any changes you make to trade rules in an individual directed trade will override these settings.

For more information on directed trades and trade rules in directed trades, see Directed Trades Process and Trade Type and Quantity Definitions in Directed Trades.