Hey there,
just want to set up position sizing as following:
2 percent risk with a maximum of 10 percent of equity.
Is this possible? Right now I see only the possibility to have percent risk OR percent equity but not both.
Greetings,
Michael
just want to set up position sizing as following:
2 percent risk with a maximum of 10 percent of equity.
Is this possible? Right now I see only the possibility to have percent risk OR percent equity but not both.
Greetings,
Michael
Rename
Try the advanced position sizer "Max Risk % Limited to % of Equity"
On the Strategy Settings tab, in the Position Size area, select "Advanced Pos Sizer". Then, select "Max Risk % Limited to % of Equity". Then click the "Configure Position Sizer" button and configure accordingly.
I believe that is what you want.
On the Strategy Settings tab, in the Position Size area, select "Advanced Pos Sizer". Then, select "Max Risk % Limited to % of Equity". Then click the "Configure Position Sizer" button and configure accordingly.
I believe that is what you want.
This is exactly what I'm looking for but I don't have this option. Do I need some Extension for this?
From the Wealth-Lab help:
"For a host of Advanced Position Sizers and more get the Power Pack for WealthLab 8 extension!"
"For a host of Advanced Position Sizers and more get the Power Pack for WealthLab 8 extension!"
It's already installed but sadly no "Max Risk % Limited to % of Equity"
After scanning the extension DLLs for the sizer's text, it seems that it is in the finantic.Indicators extension: https://www.wealth-lab.com/extension/detail/finantic.Indicators#information
Like other extensions, it has a trial period.
Like other extensions, it has a trial period.
LOL, it's the "one position sizer" in this pack xD ... thank you for your help!
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