Money management information

Philippo · 2016-10-27T10:54:07+00:00

Hi, is there a way to understand the capital in the account? I wish to implement risk control in a way such as any one trade must be no more than 2% and any daily position must not exceed 6%. Thanks

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10/27/2016 at 11:54 AM #15627 quote

Philippo
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Hi, is there a way to understand the capital in the account? I wish to implement risk control in a way such as any one trade must be no more than 2% and any daily position must not exceed 6%.

Thanks

10/27/2016 at 11:55 AM #15628 quote

Philippo
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I notice that several contributors add the initial position as an initial parameter. Which is acceptable, but not very automated, it means I must update this daily.

10/27/2016 at 4:16 PM #15643 quote

Elsborgtrading
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Veteran

Hi. there is a blog on implementing the function you want

http://www.prorealcode.com/blog/learning/money-management-prorealtime-code/

cheers Kasper

JC_Bywan and Philippo thanked this post

10/31/2016 at 9:07 AM #15740 quote

Philippo
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Thank you Kasper, some of these terms are new to me, but will take the time to understand them …Cheers!

11/30/2016 at 11:38 AM #17541 quote

CKW
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Veteran

Hi Nicholas,

i found this thread and also read your Blog about money management. May I know the “StrategyProfit” is only refer to current strategy result or all of the running strategys?

And is there a way to code this equity variable from my IG fund? So I don’t need to change every time when I update my live strategy.

Br,

CKW

11/30/2016 at 1:15 PM #17548 quote

Nicolas
Keymaster

Legend

Strategyprofit only refer to the current running strategy. There is no way to know your actual broker balancer by code, and strategies don’t share any variables, so you are stuck with manual update into your code I’m afraid.

12/01/2016 at 8:13 AM #17634 quote

CKW
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Veteran

It’s okay. Thanks Nicholas
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