---
title: "Editing a strategy: the settings cards"
description: "Edit an existing strategy in its Settings — change Strategy type, Asset selection, Rebalance, Risk, Allocation, or Position exits, then re-run a backtest."
canonical_url: "https://fincanva.com/docs/strategies/editing-a-strategy-the-settings-cards"
last_updated: "2026-08-02"
md_url: "https://fincanva.com/docs/strategies/editing-a-strategy-the-settings-cards.md"
---

# Editing a strategy: the settings cards

You edit an existing strategy (formerly called a *model*) in the **All at once** view's **Settings**, opened from the strategy's page in your **Single** library.

↗ See this in Fincanva — a strategy's Settings

## Before you start
You need a strategy you've already created — see [Create a strategy](/docs/strategies/create-a-strategy-and-choose-its-instruments). To understand what a strategy's parts are before you change them, read [What is a strategy?](/docs/strategies/what-is-a-strategy-in-fincanva). If the strategy is public, you can open its Settings but can't save changes — make your own copy first, then edit and save the copy.

## Steps
1. Open **Single** in the sidebar and select the strategy you want to change.
2. Open its **Settings**.
3. Change a card — for example, pick a different **Risk** condition, or a new **Allocation** method. The change applies to your working copy right away.
4. Save the strategy.
5. Select **Backtest** to run a new backtest and see the effect of the change.

## What you should see
The card you changed shows its new value in **Settings**. After you select **Backtest**, a new run reflects the change — see [How a backtest works](/docs/backtesting/how-backtesting-works#what-happens-when-you-run-a-backtest) for what a run actually computes, including [CAGR](/docs/analysis/cagr). Fincanva doesn't tell you whether a change is good or bad for your money — see [Is this financial advice?](/docs/investing-theory/is-this-financial-advice#is-this-financial-advice).

## The settings cards, one by one
A single strategy's Settings is laid out in two columns: **Strategy type**, **Asset selection**, and **Risk** on the left; **Rebalance**, **Allocation**, and **Position exits** on the right. Optional sections you haven't set up yet appear as an add chip rather than a full card. Each one controls a different part of the strategy:

| Card | What it controls |
|---|---|
| **Strategy type** | Which of the four types the strategy is (Single instrument, Multiple instruments, Screener, or Full setup) — see [Choosing a strategy type](/docs/strategies/choosing-a-strategy-type). |
| **Asset selection** | The instruments the strategy holds, added directly or attached through screeners. |
| **Risk** | Risk conditions that switch the strategy to its Risk-Off allocation when they trigger. The conditions themselves are covered in their own guide. |
| **Rebalance** | How often the strategy rebalances, set with the "Rebalance every" control. |
| **Allocation** | How capital is distributed across the strategy's instruments. The allocation methods are covered in their own guide. |
| **Position exits** | The take-profit and stop-loss rules that close a position. The exit mechanics are covered in their own guide. |

## Common problems
### Why can't I save my changes?
Save is disabled on a public strategy. Public strategies can't be edited directly — make your own copy, then edit and save the copy instead of the original.