Money management information

• 10/27/2016 at 11:54 AM #15627
  Philippo

  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

  

  Philippo

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

  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.

  

  Philippo

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

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

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

  cheers Kasper

  2 users thanked author for this post.

  Philippo, JC_Bywan

  

  Elsborgtrading

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

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

   

  

  Philippo

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

  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

   

  

  CKW

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

  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.

  

  Nicolas

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

  It’s okay. Thanks Nicholas

   

  

  CKW

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