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But you can't back this money management idea because the system
tester
the system tester is only a coumpound equity
and you can't buy a number of shares
it would be better to have a fixed equity
for example you buy 1000$
and your risk ( 1% of your capital is 100 $ )
you can lose 10% , and place your stop to a level above entryprice-10%
SC
>
> My money management is based on Chris Tate and Louis Bedfords ideas.
>
> The number of shares purchased is based on the risk which you're
> willing to accept (ie loss of 1% of capital per trade) and where
you
> place your stop loss. If you were to set your stop loss at say 2ATR
> below the buy price you could get ami to calculate your position
> side. I prefer to use a technical stop loss (ie line of support)
and
> so I use a spreadsheet to calculate position size. The position is
> then added to based on an increase of say 2 ATR from the buy price.
> Stop loss is then move to break even.
>
> I can send you the spreadsheet if you like.
>
> Geoff
>
> --- In amibroker@xxxx, "David Holzgrefe" <dtholz@xxxx> wrote:
> > Hi all I was wondering if any ami users had written afl code for
> money management ?
> >
> > I noticed Geoff M used the bang for bucks in his code afl,s
> > and wondered if anyone had written money management modules ?
> >
> > Thanks David
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