First, you need to determine how your strategy calculates the order quantity, which can be based on:
1. Quantity of shares
2. Amount of money
3. Percentage
This article elaborates on the points of using "Fixed Order Amount" .
The amount of margin required for a trade depends on your risk tolerance.
Using "BOT | Trend" as an example,
In the backtested...
Emotions... They are the reason why over 90% of traders fail. Emotions always get in the way. Technical analysis helps to measure the psychology of the market but its still very hard to trade using technical analysis without getting the emotions involved and even harder to automate trading using technical analysis.
This is the biggest reasons why quants are...
