Max position size you can afford

• 12/10/2020 at 5:39 PM #153253
  Essraw

  I have been programming here for a few weeks and it’s been going great, largely thanks to the great supply of already answered questioned, however I haven’t found an answer to my problem.

  Is there any way to calculate the max position size you can afford? My ig account is in SEK and my main strategy trades the YEN, I know about strategyprofit but since the sek/jpy also fluctuates it would eventually go bad, any ideas?

  Otherwise I will just adjust it by hand but it would be so much simpler to just fix something, that’s why we algo trade anyways 😉

  

  Essraw

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  12/10/2020 at 7:18 PM #153269
  robertogozzi

  Simply convert your capital (SEK) + StrategyProfit (SEK) to YEN:

  SEKcapital = 10000 MyEquity = SEKcapital + StrategyProfit YENequity = MyEquity * close //(10000 + gains) * 12.30 (approximately)

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  SEKcapital = 10000 MyEquity   = SEKcapital + StrategyProfit YENequity  = MyEquity * close   //(10000 + gains) * 12.30 (approximately)

  then you can use a % of the converted equity to trade.

   

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  robertogozzi

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