The Order Rounding category allows you to enter general settings related to order size and risk management.
| Block: Order Rounding Criteria | |
|---|---|
| Round Order Size to | Sets the next valid value to which an order size can be rounded. Basic calculations of position size determine odd-lots, i.e. lots that are not evenly divisible (for example, 100 Stocks, 10000 currency units etc.). It is recommended to round them to the tick size value for better execution. The illustrated example above is to be interpreted in the following way: If the calculated order size is smaller than 300, then it will be rounded to the nearest 20. If the order size is above 300, then AgenaTrader will round to the nearest 100. Thus, 277 is rounded to 280 and 323 is rounded to 300, whereas 365 is rounded to 400. It may occur that the predefined risk per trade is slightly exceeded. This will be displayed by a red background in the Hard/SoftRisk fields within the Order Escort. |
| Switch off Risk Management | Deactivates the risk management for the particular asset class. See the account settings for more information. In this case only the default order size will be used. |