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Position Sizing by Van Tharp


Discussion in Psychology and Money Management

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Position Sizing by Van Tharp

  #21 (permalink)
 
liquidcci's Avatar
 liquidcci 
Austin, TX
 
Experience: Master
Platform: ninjatrader, r-trader
Trading: NQ, CL
Posts: 866 since Jun 2011
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Thanks Received: 1,091

I have an automated system but am afraid of using an algo to scale my position. I can see the benefits of using an algo but I don't want something to go wrong I end up with 50 contracts. Of course a good programmer could put in safe guards. I may do this at some point if I can come with something that above all is safe from an execution standpoint.

I do have a system for scaling but I increase or decrease contracts manually when adding strategy to chart. About the only thing I do manually.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #22 (permalink)
vio1965
Kharkov
 
Posts: 3 since Jul 2011
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...thank you, but I mean only to make TOS code as embedded calculator because it is quite tedious to copy data to excel and back each time wile making order ....istn't there such TOS code???

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Last Updated on July 8, 2011


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