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Just click on Preferences on the top right corner of the home page. See the attached image. Here are the default values:
Default Runtime Speed (ms): 200 . [Delay between each step execution]
Default Page Timeout (s): 30 . [Wait for the entire page to load]
Default Locator Timeout (s): 5 . [Wait for elements to appear when the page is loaded. Mainly for AJAX elements]