So i placed and won my first paper trade today.
Was a long position jedi on the 1 hour.
I also placed a short position superman on the 5 min that overlapped with the long trade(seemed like it could hit on the way to the long filling) however it was automatically cancelled after some time(no idea why but it would have lost anyways). Are overlapping trades not allowed? Or if they are, are they best avoided anyways in terms of an eval account?
Does margin and leverage change per trade or is it an account setting? Do eval accounts utilize this too? Cash accounts? Was this technically a bad trade based on leverage/margin?
Trying to prepare myself for passing an eval account, so just trying to understand some of the technicalities that arent necessarily covered in the course.
Appreciate you all!!!