Hi guys,
This is my first day diving into Quantopian, or even algo trading, and my first post.
I watched some tutorial and tried writing some code. However, something is puzzling me.
In my code, I only written logic to buy (using the code "order_target_percent"). When I run
the backtest, I realize the algorithm still made money by some kind of automated selling
process which I did not define specifically.
How is the sell triggered?
Thank you in advance!
Hello Yongzhen,
The
order_target_percent ordering method adjusts positions in your portfolio relative to your portfolio's current value. Because of this, a sell order can be triggered if your portfolio decreases in value, even if the specified target percent is positive.
I hope this helps clarify things.
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The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.
In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.
