> I am not sure I understand how this would be beneficial. Of two > strategies S1 and S2 are trading the ES, and S1 is consistently making > money, why would I stop it when strategy S2 is losing money?
This is where I am trying to understand using multiple strategies per instrument for IB and risk management. What if S1 was cancelled by a reverse position by S3 and the rest of the strategies are all losing money? What is the best risk management approach? Currently as I write this my forward simulated account with all 7 strategies turn on for EUR is showing losses for every strategy - the losses has been growing since I started it a few hours ago and is now about -$5000 and each strategy is either at or exceeded the posted maximum drawdown. How do we prevent a black swan event and have our account wiped out without a stop loss feature? I remember watching Larry William mentioned on stage always to have a stop loss amount before trading. > I've experimented with a stop loss on many different strategies, but > testing them one at a time, not as a portfolio, as you suggest. There > is no concept of a "portfolio" view in JBT where you can set the > targets and exist for a set of strategies as a whole, but yes, it can > be done. It would be great if we have that portfolio feature with the ability to set profit targets and stop losses per day for each instrument. Then one can design a system with a positive expectation. -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en.
