In the last two articles (article 1, article 2), I discussed the need for trading multiple strategies with the same instrument in the same account. This type of capability is very important to a trader who wishes to trade a diversified portfolio, while at the same time efficiently managing margin. Unfortunately, with many platforms this capability is very tough to achieve. In the last article I introduced a template that could be used to convert a “standard” strategy into a strategy that could eventually be combined with other strategies, and produce the same overall performance that each strategy combined would produce. Unfortunately, with that method, certain nice and arguably critical features (such as standard stop losses and profit targets) have […]Read more ›
Post Tagged with: "Kevin Davey"
In the previous article, I discussed the need for trading multiple strategies with the same instrument in the same account. This type of capability is very important to a trader who wishes to trade a diversified portfolio, while at the same time efficiently managing margin. Unfortunately, one of the limitations of Tradestation, my trading platform of choice, is that this capability is very tough to achieve. As you will recall from the earlier article, we discussed six different options to trade multiple strategies with the same instrument. In this article, we will layout the process and the code to create a summing strategy, which was Option number 6. The steps to take in such an approach are as follows: Create […]Read more ›
I would like to welcome Kevin Davey as our latest member of our Expert Panel for System Trader Success. Kevin is a professional trader and avid system developer who has won three consecutive World Cup Championships of Futures Trading® using algorithmic trading systems. Kevin has recently released a fantastic book on building trading systems called, Building Winning Algorithmic Trading Systems, that I recommend you check out. It’s particularly useful for those new to system development, but even experienced developers will find several great ideas. I’m honored to have Kevin on our team and I’m looking forward to his future articles on System Trader Success. Welcome Kevin!Read more ›