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Hi, I picked up some coe somewhere that helped me to define the
maximum number of contracts that I would use. The code looks like
this and works well.
PointValue = 5; // One e-Mini DOW Futures Contract is $5
maxNumberOfContracts=1000; // Never open a position with more than
1000 contracts (i.e. $5,000 a point)
RequiredMargin= 2000; //Not sure how this works but it does!
PositionSize= maxNumberOfContracts * MarginDeposit; // Assign number
of contracts for this trade.
Because I don't fully understand how this works, I THINK that I'm
always using the maximum number of contracts that I'm allowed (up to
my limit), which I believe MAY be hurting my "Maximum System
Drawdown".
Could somebody help me to amend this code so that I can define what
percentage of my position should be used to allocate the number of
contracts, etc.
Thanks
P.S. Sorry if my terminology is a bit off, I'm a bit new to this but
hopefully learning fast :)
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