CashSameDay - model a cash account where sale proceeds can be reinvested the same day
CashNextDay - model a cash account where sale proceeds can't be reinvested until the next day
Margin - model a margin account (default)
Notes
This setting affects backtests and order generation in the following ways:
•In the Margin account model, MinFreeCash defaults to unlimited (can become negative) while in either Cash model, MinFreeCash defaults to 0 (can't become negative).
•In the Margin model, proceeds from any sale made today can be used immediately to buy other positions. In the CashSameDay model, proceeds are available the same day only when the sale occurs at the open; proceeds from sales made later in the day (intraday or on the close) are not available until the next day. In the CashNextDay model, proceeds from any sale are always delayed one day before they can be used.