Allow Short Term Gains Setting

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This setting allows you to indicate whether you'd like to allow short-term gains in the account.

Note that:

In a directed trade, you can choose to adhere to or ignore an account's Allow Short Term Gains setting.
If you select No, the Maximum Short Term Gain and Short Term Gain Restriction Boundary settings will be hidden.

You can specify if you'll allow short-term gains using the following options:

Yes: Tamarac Trading will recommend trades that have short-term gains in accounts where you want this to occur, like tax-exempt accounts.
No: Tamarac Trading will not recommend trades that produce short term gains.

The Only warn if short term gain exceeds the maximum specified or matures within the restriction boundary check box affects how Tamarac Trading warns you about short-term gains.

The following changes occur when you either select or clear this option:

Setting	More Information
Selected	Tamarac Trading will warn you if a recommended sell position meets one of these criteria: The sell is maturing from a short-term gain to a long-term gain within the specified number of days entered in the ST Gain Restriction Boundary box, or The short-term gain will be greater than the Maximum Short Term Gain amount you've specified.
Cleared	Tamarac Trading can prevent the short-term gain from occurring if the ST Gain Restriction Boundary is violated on a lot-level basis. Tamarac Trading will warn you if a trade violates either Maximum Short Term Gain or the Short Term Gain Restriction Boundary settings.

Setting

More Information

Selected

Tamarac Trading will warn you if a recommended sell position meets one of these criteria:

The sell is maturing from a short-term gain to a long-term gain within the specified number of days entered in the ST Gain Restriction Boundary box, or
The short-term gain will be greater than the Maximum Short Term Gain amount you've specified.

Cleared

Tamarac Trading can prevent the short-term gain from occurring if the ST Gain Restriction Boundary is violated on a lot-level basis.
Tamarac Trading will warn you if a trade violates either Maximum Short Term Gain or the Short Term Gain Restriction Boundary settings.

For more information on other short-term gain settings, see Maximum Short Term Gain Setting and Short Term Gain Restriction Boundary Setting.