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Title: Fund manage strategy question Post by: mrkfdr on January 12, 2021, 01:05:19 PM Been building a trading bot for a while now and came up with a question of fund management,
Till now placing bids of round amount like 100$ , it was easy for me to calculate the profits. but i only use 10-20% of the funds to increase profits. and i can do better. now thinking to change the model and make the first bid half the money i have in the fund ie 1100 / 2 = 550$ , second bid if first one is still in place to be half of the remaining free fund 550 /2 =225$ it is rare that the bot places more then 2 bids , even not after the current drop. and the third one will be 112$ what do you think it makes sense ? or are there any other good strategies you can come up with ? Title: Re: Fund manage strategy question Post by: vk279 on January 12, 2021, 04:02:49 PM Where would be your stop loss?
Adding to loosers is not a good idea. You might win few trades but later you will have a big looser. Title: Re: Fund manage strategy question Post by: mrkfdr on January 12, 2021, 04:40:50 PM Where would be your stop loss? excellent question don't have an answer.Adding to loosers is not a good idea. You might win few trades but later you will have a big looser. didn't find a good practice to set the ratio of the stop loss working with Limit orders only for the past six month and they work fine. |