While it is possible to place trade in conjunction with RoboRay in the same account (i.e. operating in semi-automated mode), in many cases a dedicated account for RoboRay is better since not only it makes the performance tracking of RoboRay easier, but it also prevents unexpected conflict with other trading positions in the account.
Even though we can leverage on ability to exclude certain stocks from being traded by RoboRay while trading in conjunction (to prevent potential trade conflict)
https://help.piranhaprofits.com/knowledge/how-do-i-exclude-certain-stocks-from-roboray
ultimately, the fact that the capital is shared by the trades made directly from IB may cause potential confusion in terms of overall usability. e.g.:
- Forget to add / remove from the list
- Overtrade the position since the user is unaware that RoboRay might have been utilized the entire capital.
Therefore, usually the case of placing trades in conjunction usually is suitable only when we wish to exit position earlier than RoboRay.
Disclaimer:
Any materials presented in this help center are provided to you for informational purposes on the technical aspects of the software solution only and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort given or endorsed by Piranha Profits Pte Ltd. Piranha Profits Pte Ltd also provides no guarantee that such information and publications are accurate, up to date or applicable to the circumstances of any particular case.