Position management techniques
manos last edited by
I'm curious if anyone has implemented anything, or knows of some good resources to share?
Looking to implement robust position management. To me, this means a few things:
- Limit (maker) orders for lower fees, with a configurable time limit that will switch to market orders to JFDI if taking too long.
- Slow position acquisition when buying larger sizes (limits and timeouts, as well).
- Smart enough to not continually buy fractional sizes if it gets in a situation where there's tiny amounts left from previous trades (potentially: camp in stake_currency?)
Ideally all of that will happen by simply having a strategy set leverage between say -3 and +3, though I haven't looked into how to do that - I guess I can just remove and re-add the commission scheme to cerebro.
Thanks for any pointers before I embark on doing it all my from scratch :)