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Track daily trading PnL target on hard dollar vs percentage

(Last Updated On: July 24, 2021)

I came across TradeStation EasyLanguage source code from Big Mike of futures.io. It is quite simple code I plan to use it in my own techniques to manage daily targets using hard dollar versus percentage. Most people prefer dollar amount anyways if you are really trading in the markets with real money. Until then, it can be be hard to track algo trading performance with simulated trading amounts.

https://futures.io/easylanguage-programming/3346-easylanguage-daily-profit-daily-loss-limit-strategy.html

I plan to use this in my trading client scripts which is part of the Elite programming service

You can use this in conjunction with Kelly Criterion

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