{"id":176054,"date":"2021-07-30T18:20:00","date_gmt":"2021-07-30T22:20:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/trading-lessons\/reallocate-for-advisors\/"},"modified":"2024-01-05T09:56:04","modified_gmt":"2024-01-05T14:56:04","slug":"reallocate-for-advisors","status":"publish","type":"trading-lessons","link":"https:\/\/www.interactivebrokers.com\/campus\/trading-lessons\/reallocate-for-advisors\/","title":{"rendered":"Reallocate for Advisors"},"content":{"rendered":"<p>In this video we will go over how to change the amount a Group invests in a Model as well as reallocating funds from the independent area to multiple Models.<\/p>\n<p>We will use the Reallocation window to do both.<\/p>\n<p>In order to access the Reallocation window, look for the Classic TWS tab at the bottom of the screen, left click on the tab to access the Classic TWS set up.<\/p>\n<p>You can access your Portfolio tab at the top of the page. If you do not see it, locate the \u201c+\u201d sign to the right of the available tabs and click-right. Locate and select Portfolio Window to display it.<\/p>\n<p>First, we will change the amount a Group invests in Model. At the top left of the page is the \u201cDisplay Selector\u201d drop down menu. &nbsp;Access all your available Models, Groups and Accounts. Scroll through the list to the Group area until you see the Group you want to allocate to a Model is highlighted and left click on the mouse. For this video demonstration we are going to choose Group A and change the investment in Model A from 15% to 20%.<\/p>\n<p>Now that we\u2019ve selected the Group A, left click the \u201cReallocate\u201d button on the top right side of the screen.<\/p>\n<p>The Reallocate display screen will appear. On the left-hand side will be the list of Models created.<\/p>\n<p>The reallocation feature allows you to choose either a target % or target amount.<\/p>\n<p>Target % allows you to choose the percentage of available funds to allocate and target amount allows you to choose the dollar value of funds to allocate.<\/p>\n<p>We are going to change the allocation from 15% to 20% of Group A\u2019s cash in Model A.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-10156 lazyload\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2022\/11\/adv42.png\" alt=\"\" width=\"780\" height=\"233\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 780px; aspect-ratio: 780\/233;\">Look for Model A in the display window, notice the value in the % of Market Value is approximately 15%.<\/p>\n<p>Click the red \u201cCreate Reallocation Orders\u201d button.<\/p>\n<p>This button will automatically create the orders needed to reallocate cash from the group to invest into the Model.<\/p>\n<p>Once the orders are created you can change the Order Type, Time in Force, Price, and Destination and take advantage of all the algorithms and order types Interactive Broker\u2019s offers.<\/p>\n<p>I will change the order type to Market and left click on the blue \u201cTransmit All\u201d button in the center to execute the orders.<\/p>\n<p>We have now changed the allocation of Group A\u2019s cash to Model A from 15% to 20%.<\/p>\n<p>We will now reallocate funds to multiple models.<\/p>\n<p>Go back to the Reallocation window and populate the drop-down box with Group B.<\/p>\n<p>We will allocate 20% into Model A, 15% into Model B, and 10% into Model C.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-10157 lazyload\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2022\/11\/adv43.png\" alt=\"\" width=\"780\" height=\"246\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 780px; aspect-ratio: 780\/246;\"><\/p>\n<p>Move your curser to the white and grey columns on the right-hand side labelled Target % and Target Amount.<\/p>\n<p>In the Target % row next to Model A type in 20 and click return, enter 15 next to Model B, and enter 10 next to Model C.<\/p>\n<p>Once the target percentages are set click the red Create Reallocation Orders button and adjust the orders as necessary before clicking Transmit All.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-10158 lazyload\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2022\/11\/adv44.png\" alt=\"\" width=\"791\" height=\"454\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 791px; aspect-ratio: 791\/454;\"><\/p>\n<p>You have now successfully reallocated your cash to multiple Models.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reallocating funds from one model to another and allocating more funds to another model.<\/p>\n","protected":false},"author":899,"featured_media":221391,"parent":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"contributors-categories":[13576],"traders-academy":[13126,13128,13132],"class_list":["post-176054","trading-lessons","type-trading-lessons","status-publish","has-post-thumbnail","contributors-categories-interactive-brokers","traders-academy-intermediate-trading","traders-academy-level","traders-academy-trading-lesson"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.8) - 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