Creating a Portfolio

A portfolio is a single book of positions, orders, and virtual cash. Every trade you place is associated with exactly one portfolio. You can run several portfolios at once — one for each strategy, timeframe, or league you're competing in — and they stay completely independent of each other.

Each portfolio has its own cash balance, positions, P&L history, margin state, and optional leverage usage. They're designed to work like separate brokerage accounts.

1. Open the portfolio switcher. On any Trading page, click the portfolio name in the header to drop down the switcher.
2. Click "New Portfolio". A dialog opens with three fields.
3. Name and tag. Give your portfolio a descriptive name — something like Swing Longs or March League Entry. Optionally add a tag to group it with others.
4. Pick a starting balance. Default is $100,000 in virtual cash. Range usually runs from $1,000 to $10,000,000 depending on tier. League portfolios may be capped at the league's fairness limit.
5. Create. The new portfolio opens immediately and becomes your active portfolio.

Every order in MongoTrader supports the same set of order types — whether you place it from the web app, iOS app, or API. Pick the type that matches your intent:

• MARKET — fills immediately at the best available price.
• LIMIT — fills only at your limit price or better.
• STOP — sits dormant until price crosses your stop, then becomes a MARKET order.
• STOP_LIMIT — like STOP, but becomes a LIMIT at a specified price after triggering.
• TRAILING_STOP — a stop that follows price by a fixed dollar or percent distance.
• MARKET_ON_CLOSE — fills at the day's official closing print.

On Premium and Max tiers, any BUY or SELL_SHORT order can also carry a leverage multiplier from 1x to 100x. Leverage is chosen per-trade, not per-portfolio.

Tags are freeform labels you attach to a portfolio. They help you filter the portfolio switcher and group related books. Typical tags:

• growth, value, crypto — by thesis
• daytrade, swing, longterm — by timeframe
• league — portfolios entered in active competitions
• algo — portfolios running automated strategies

You can add or remove tags at any time from the portfolio settings menu.

The switcher in the Trading header shows every portfolio you own, ordered by most recently used. Click any portfolio to jump to it instantly — no reload. The switcher also exposes shortcuts to create, rename, and archive portfolios.

Paper trading means there's no penalty for blowing up a portfolio. You have two options to recover:

• Top up cash. Open the portfolio settings and add virtual cash to your existing balance. History is preserved, positions stay intact, and you continue from where you left off.
• Archive and start fresh. Close the old portfolio and create a new one. Your old portfolio's history is preserved in the archive — you just can't trade on it anymore.

Every portfolio has a performance page showing:

• Total value over time — a line chart of portfolio value (cash + positions) snapshotted on a regular cadence.
• Realized vs. unrealized P&L — closed trade profit vs. open position marking.
• Per-position performance — current market value, cost basis, day change, and lifetime P&L for each holding.
• Margin indicators (if leveraged) — equity, buying power, maintenance requirement, and margin health.

Snapshots are taken frequently during market hours and hourly outside of them, so charts look smooth but remain lightweight.

You can make a portfolio public so friends and followers can view positions, P&L, and trade history — but never submit trades on your behalf. Toggle visibility from the portfolio settings menu.