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Is it possible to auto trade using a percentage of my account balance
instead of a fixed number of shares?
For instance, could I use sometime like this?
PositionSize= -25;
ibc.PlaceOrder( Name(), "Buy", "PositionSize", "MKT", 0,
0, "GTC", True );
I know that the Parameter calls for quantity, but I would like to
order in 100 share increments using up to 1/4 of my account balance
including the stocks already purchased for each order. However, it
would only purchase 4 stocks and the other orders would not be placed.
So that is I had a $10000 balance, each order would use $2500. If a
stock costs $20, the order would be for 100, if another stock cost $10
the order would be for 200, and if another stock costs $30 the order
would not be placed. If I had already purchased 3 stocks, only the
first order would be placed. Is this possible?
Thanks,
Tom
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