Risk Per Trade

[huytradingz]

Hi everyone. I would like to implement a 2% risk per trade for my strategy (risk 2% of my account per trade), and was wondering if backtesting.py includes options for us to set it, or that is something we have to calculate and implement it ourselves? If so, could I have an example of how it would be done? Would the code below be a potential approach?

riskpertrade = 0.02 * self.equity
order_size = abs(int(riskpertrade / (price - stoploss_price)))
order_size_short = abs(int(riskpertrade / (price - stoploss_price_short)))

Thank you!

[kernc]

Generally, this looks good. When the price breaks below your stop loss, your equity ought to be 2% lighter.