Portfolio Boss Documentation

Types of Strategy



Portfolio Boss has three strategy types:


1.  Basic Strategy:  this is the default strategy type, the meat of Portfolio Boss. A basic strategy contains Buy Filters, Sell Filters, Ranking Rules, and various parameters to automatically manage your trading activities. It trades individual instruments from certain Portfolio(s).


2.  Meta Strategy:  this is similar to a basic strategy, but instead of trading actual instruments, it trades basic strategies as the “instruments”. Think of a basic strategy as an ETF: in which you trade that ETF's entire instruments at once. A single Position entered is a whole strategy used, so you may have multiple strategies being traded at once.


3.  Multi Strategy:  now, this one is a beast on its own. It allows you to stack multiple basic strategies in a hierarchy (top-to-bottom), so you can manage market risks in a tiered format (vertically).

For example, the top strategy is the riskiest (but also the most profitable) where you're trading high-performing volatile stocks. If the market condition doesn't favor trading such stocks, then fall back to the second strategy, in which dividend stocks are traded. If the market condition is even worse, then turn toward the third strategy where you're trading bonds. If all else fails, revert to cash position and park your money safely.

Aside from stacking, a Multi Strategy can also be used to combine multiple basic strategies without hierarchy between them. This is useful so you don't have to operate many strategies one by one; Portfolio Boss will calculate how many shares to buy based on how much you invested for each strategy.


For more in-depth explanation about Meta and Multi types, please refer to Chapter 6. For now, you just need to know the gist of these strategy types for when you're creating a new strategy (through this “Strategy Management” page). 




In some licenses, you can't create either Multi-Strategy, Meta-Strategy, or both. If you wish to upgrade your license, please contact our Customer Support team.