Collective2 requires that you give explicit permission to AutoTrade each kind of instrument (stocks, futures, forex, or options). You can also instruct C2 to AutoTrade only specific symbols (for example, S&P E-Mini trades only - that is, symbol @ES) or to exclude short trades. Lastly, you need to specify how you want to scale the position sizes.
To get to the configuration page, simply log into your Collective2 account and click the Setup AutoTrading link on the left site of the page (see below). From there you need to 1) select the trading system you are subscribed to, 2) specify what type(s) of securities it trades, 3) choose “Trader68” for the broker and 4) specify how to scale the position sizes (see note below). Click the Add AutoTrade Permission button when finished.
Figure 1: Link to configure Autotrade Permissions for a Collective2 account.
Important note on position sizing: When a signal arrives from a Collective2 system, it gives the symbol to trade, the direction to trade (e.g., buy or sell) and the recommended position size (e.g., the number of shares/units/contracts). Trading systems on Collective2 start off with $100,000 in their hypothetical account, but this value changes over time. When placing real trades, you will want to "scale" each trade according to how big your real-life account is, and how much you want to risk. You can either scale the positions sizes within the Trading Permissions settings of Collective2 or you can scale them within the Auto Trading settings of the Trader68 Portfolio. Be aware that if you scale both of them, then your actual position size will be the product of the two (e.g., if Collective2 is set to scale by 50% and Trader68 is set to scale 50%, then amount traded will be 25% of that recommended by the signal provider.)