Can I reset to any amount I want?

Yes, you can withdraw funds from your IBKR joint account to an individual bank account of either of the IBKR joint account owners and the withdrawal will not be considered a third-party withdrawal. However, depending on the joint account type, the account owner's authorization may be required. …

There is no stated limit for how many times you can reset paper trading equity. You may reset your equity at any time, provided all positions are closed and the request is submitted before the daily cutoff. However, students should only reset with their professor's permission, as resetting without authorization may be considered a violation of course policy, since it can be used to erase losses or manipulate performance results…

It is possible configure the TWS order presets so that the order quantity is computed based on a Dollar (or other currency of denomination) amount, rather than on a number of shares.

Please Note…

Yes, you can include external accounts in your Tax Planner. Click the + icon in the top right corner of the Accounts panel, then select Link External Account to log in to your other financial institution. You can also add Offline Accounts…