Hi Eugene, I am glad to report that when I combine the ProfitTaker and LossStopper together and only traded that strategy it seems to work very well this morning.
Thanks. Keith On Jun 2, 4:54 pm, Eugene Kononov <[email protected]> wrote: > For those who are anxious to try the "classic" strategies, I am attaching > two sample strategies, LossStopper and ProfitTaker. The first one uses a 7 > point stop. The second one uses a 5 point profit target. These are > optimizable parameters, so feel free to experiment. Trailing stop can be > done in a similar fashion. > > On Wed, Jun 2, 2010 at 2:26 PM, ShaggsTheStud <[email protected]>wrote: > > > > > 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]<jbooktrader%2bunsubscr...@googlegr > > oups.com> > > . > > For more options, visit this group at > >http://groups.google.com/group/jbooktrader?hl=en. > > > > LossStopper.java > 2KViewDownload > > ProfitTaker.java > 2KViewDownload -- 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.
