TWS offers a "what-if" feature that allows you to toggle the Mosaic Portfolio window into "what-if" mode and add or remove hypothetical positions to and from your existing portfolio to see how these changes will affect key portfolio metrics including P&L, Value at Risk, Delta, and the Greeks.
- From the Monitor panel of TWS Mosaic, navigate to or open the Portfolio page
- Click the Profile button at the top of the page to put the Portfolio into "what-if" mode
To hypothetically remove positions:
- Uncheck any of your actual positions to remove them from the risk calculations
To hypothetically add new positions:
- Click the "Add Test Trade" button
- Add the contract as if you were adding it to any TWS window
- Set the order side and quantity. The hypothetical position is now established.
If you like the performance results from the hypothetical addition or removal of any positions, you can create and submit real orders to add/remove these positions to/from your actual portfolio.
Additional Information
- Portfolio Performance Profile feature available in our TWS User Guides