Position Sizing

[magicboiz]

Hello everybody

I'm trying to implement a position sizing strategy, based on my account. The idea is simple, in each order, I just want to bet 1% of my account. My problem is very simple:
- how do I access to my Back101 account?
- Back101 is the account used in simulated real-time also?

Thx in advanced!

[NinjaTrader_RJ]

Hello everybody

I'm trying to implement a position sizing strategy, based on my account. The idea is simple, in each order, I just want to bet 1% of my account. My problem is very simple:
- how do I access to my Back101 account?
- Back101 is the account used in simulated real-time also?

Thx in advanced!

Hello Magicboiz,

Thank you for your post.

If you have a live license, you will be able to select your back101 account from the account drop down menu when you enter an order, or turn on a strategy.
If you have a free license, you will only be able to use the sim101 account.

[magicboiz]

Hello Magicboiz,

Thank you for your post.

If you have a live license, you will be able to select your back101 account from the account drop down menu when you enter an order, or turn on a strategy.
If you have a free license, you will only be able to use the sim101 account.

I have a free license.

In the backtesting, how do I access the sim101 account. ¿Does it have any method/properties?

[NinjaTrader_RJ]

I have a free license.

In the backtesting, how do I access the sim101 account. ¿Does it have any method/properties?

My fault, when you backtest, it is done automatically into the back101 account. This is the only account you can backtest with.

Sorry for the confusion.

[magicboiz]

OK,

and how can I play with that back101 account? I mean:
- set the initial quantity into the account
- at any time during the backtesting, access to the current quantity into the account
.....


Thx in advance.

My fault, when you backtest, it is done automatically into the back101 account. This is the only account you can backtest with.

Sorry for the confusion.

[NinjaTrader_RJ]

OK,

and how can I play with that back101 account? I mean:
- set the initial quantity into the account
- at any time during the backtesting, access to the current quantity into the account
.....


Thx in advance.

You can set the quantity either in your strategy as you build it, or in the backtest screen under "set order quantity."

Unfortunately there is no way to access this while performing a backtest.

More information on backtesting here: http://www.ninjatrader-support.com/H...AStrategy.html

[PrTester]

OK,

and how can I play with that back101 account? I mean:
- set the initial quantity into the account
- at any time during the backtesting, access to the current quantity into the account
.....


Thx in advance.

Maybe this can help http://www.ninjatrader-support2.com/...ad.php?t=11614

[magicboiz]

Maybe this can help http://www.ninjatrader-support2.com/...ad.php?t=11614

Thx for your help PrTester.

Psize = AccbalNew * (Riskf/100)/stopLoss;

What's the meaning of stopLoss here?

I guess that PSize is designed to work with stocks. And what about futures?

[PrTester]

Thx for your help PrTester.

Psize = AccbalNew * (Riskf/100)/stopLoss;

What's the meaning of stopLoss here?

I guess that PSize is designed to work with stocks. And what about futures?

stopLoss here is a Qty in $$ for this strategy, and I use futures too.

[magicboiz]

stopLoss here is a Qty in $$ for this strategy, and I use futures too.

Hi PrTester,

dou you have the "Optimal-F" MM strategy implemented? I send you this strategy I'm playing with:

int CalcQuantity()
{
int priorTradesCount=0;
int priorProfit=0;

priorTradesCount = Performance.AllTrades.Count;

if (priorTradesCount > 2) {
if (Performance.AllTrades[priorTradesCount-1].ProfitCurrency * Performance.AllTrades[priorTradesCount-1].Quantity > 0)
{
if (Performance.AllTrades[priorTradesCount-2].ProfitCurrency * Performance.AllTrades[priorTradesCount-2].Quantity > 0)
{
return3;
}
else
{
return2;
}
}
else
{
return1;
}
}
return1;
}


It's very simple: if the last trade was good, next trade double the quantity.

With a top limit of 3 contracts.

Regards