On Tue, Jun 1, 2010 at 9:19 PM, Keith <[email protected]> wrote: > Unless we are trading a single strategy per instrument at a time, we > will need a risk management strategy for the whole portfolio at risk. > > Besides the performance manager, I recommend we have a risk manager > object to look at all open positions, monitor profit and stop loss > targets with the ability to close any strategy instantly. TWS has a > function to close all positions, this could be one of the methods of > the risk manager. > > The concept is interesting. Honestly I don't know how many people here believe they will be trading multiple strategies at the same time any time soon - especially more than two, unless we have a really good strategy developer lurking in the shadows with a big account balance.
Just tossing out an idea here to think about - maybe this could be implemented in an external program, through a basic interface to JBT which would include a basic "pull the plug" command, and an interface that provides basic information about present positions and past trade performance. The reason this might be nice is that it could reduce clutter in the codebase, and could be integrated into a larger portfolio management system if the user wanted to. -- 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.
