Portfolio Boss Documentation

Positions Tab



This panel shows the Positions held during the latest backtest date (or today's date, if the strategy is already put to use). It is located at the Center Area of the “Backtest Strategy” page.



1.  The “Symbol” column shows the instruments held by the Positions. You can hover your mouse over a symbol to see the tooltip describing that Position. You can also click the symbol to show its Price Chart (on the Instrument Tab).




2.  The “Days” column shows how long each Position has been held by the strategy until today.




3.  The “Weight” column describes how much money each Position holds, in relation to the total investment value (including gains and losses up to this day). For example, a Position that weighs 12% means it's holding 12% of the total investment value.



Initially, all Positions were given the same weight, so for example if you have 10 Positions, each Position was weighted 10% equally. Thus, if you have $100,000 initial capital, each Position was given $10,000.

During the course of trading, some Positions will profit more than the other, while other Positions will experience losses (even though these potential gain & losses are not yet realized into hard cash). Naturally, these profitable Positions are given more weight since they hold more potential money, while those losing Positions have their weight reduced, since they hold less potential money out of the total (remember that all weights add up to 100%).

Any Positions that are sold will release their combined fund, and this combined fund will be distributed equally to buy the same amount of new Positions. For example 3 Positions are sold, thus 3 new Positions will be bought using the combined fund of the old 3 Positions. The combined weight of the 3 old Positions is therefore distributed equally between the 3 new Positions.

Don't worry, during the trading day, the number of shares to be bought is automatically calculated by the Trade Plan Calculator based on these weights.

Note, if all Positions are sold (thus you're buying entirely new Positions) they will all have equal weight again.



4.  The “Gain” column shows how much each Position has gained or lost up until now. Such gain/loss is stated in percentage of the initial amount when the Position was entered. 



For example, a Position was initially given $10,000 and then experienced profits totaling $3000 and losses totaling $1000, which means the total gain is $2000 a.k.a 20% of the initial fund.



5.  The “Rank” column shows each Position's rank based on the Ranking Rules.






You can click the arrow button (at the top-right corner) to expand this Panel while other Panels will be minimized. Clicking that button again will revert all Center Area's Panels to an equal size.




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