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Track 'n Trade Stocks High Finance

How to Add Paper Money to Your Account

Video Transcript

In this video, we're going to go through and show you how to deposit money into your simulated trading account for Track 'n Trade Stocks.

Very simply, the best way to do that is to come in- and when you have your charts open like this is to slide up this bottom window, and open up the Accounting Package. Inside of the Accounting Package you can see over here in the left-hand side we have a series of buttons. The first we see over here is a Deposit button. If we click the Deposit button, we can now put in as much money into our simulated trading account, as we would like. We can add money or subtract money from the simulated trading account through the Deposit and Withdrawal button at any time that we want.

So, I'm going to come in here and I'm going to add $50,000.00 into my trading account. Of course, I can choose- since we're in a time machine the date that deposit was put into the account. I'm going to choose October 1st.

Then, I can come in here and I have a series of rules that I can apply to my account, to my trading system. Do I want to enforce the ten cent rule? Do I want to trade on cash, with the cash account, or do I want to trade with the margin account? I'm going to turn off the ten cent rule and I'm going to simply trade with cash. Go ahead and hit Okay, and as you can see, now we come into Account Activity and we have deposited $50,000.00 into our Simulated Trading Account.

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