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Date/Time: Sun, 19 May 2024 11:41:23 +0000



Post From: Order Quantity based on percentage/fixed $ amount stop loss

[2013-07-02 21:49:20]
phaedonk - Posts: 352
Hi, this suggestion is great and would greatly help a lot of traders. Currently, I am forced to use excel with DDE to interface with TWS (very problematic), to get my IB account balance and market forex quotes. I then use simple formulas to calculate position size based on account percentage risk and ticks risked on every market I trade. It would be amazing if we didn't need any other external tools except Sierra.
I'm no programmer but I think it is not very complicated.

I am also trying to find out if I can use the J47 cell along with a quotebook to achieve my objective, not sure if that's possible.