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                                                   Example of Money Management


2010-04-26 17:23:44

Would you kindly please post an example of how to code money management rule. My objective is to:
* Test the mix of long and short equity of open positions in the current (or last) bar
* Based on other tests above, enter market neutral balancing positions orders (e.g., buy equal amount of sp500 $s to hedge open positions)
* In Ranking system execution, enter with lower amounts of equity $'s depending if this is the 1st, 2nd or 3rd position being filled
(lower equity per position)

Thanks for all of your help in unlocking the power of this platform

2010-04-29 07:23:32


- To mix long and short position, just select "Long & Short" next to "System Type" in the "Update a trading system" form.
- Regarding the other questions, I will post next week a money management script that explains all this.

2010-04-29 08:17:45


Looking forward the the upcoming post, thanks.

To clarify on the long/short: I have successfully used the long/short setting in the trading system.
That part of the question relates to being able to, in the script logic, capture the open $ equity long and short, separately and create next logic script steps based on that outcome.

2010-05-24 08:20:18


Best Answer
Here is a money management script you can use to hedge your portfolio
Hedge a portfolio strategy

Hedge a portfolio strategy (by QuantShare, uploaded several months ago)
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2010-05-24 10:53:59


Looks great, will let you know as I work with it.

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