Steve Mayo![]() Legend ![]() ![]() ![]() ![]() Posts: 414 Joined: 10/11/2012 Location: Austin, TX ![]() | I'm sure, Jim. I've discussed with Ed previously, asking how they determined the default percentage (they hand-picked a number that would generate the best performance for that list+strategy and make them "comparable" in a listing). And, it's easily testable. Here's a comparison of the "Nirvana Canned Version" of R10-L-SP with two I created. On one, I set my % per trade at 25%, on the other, I set my % per trade at 10%. Notice that the trades are exactly the same, only the Qty% is different -- and it's roughly 25% and 10% as per the "default" established for that strategy. EDIT: Re-reading your question. The default is for that strategy, it still goes through the "adjustments" at the strategy, portfolio and account level, but all are a function of the default. 2nd EDIT -- I meant to say the DEFAULT value is fixed - the ultimate trade size gets modified by the strat/port/account settings. Dang Jim, I'm glad you don't work for the FDA. He He. [Edited by Steve Mayo on 5/10/2014 1:37 PM] ![]() ![]() ![]() |