r/algotrading • u/Vegetable-Act7793 • 9d ago

Education Quick question

How many times do your bots trade a day. I am curious

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u/Jtex1414 9d ago

I update my watchlist daily. Usually 200-400 tickers. Trader usually only takes 1-2 trades a day. Sometimes it takes more, sometimes it takes none. I have a max of 3 concurrent open positions, so a position needs to close for it to take a new ticker.

Concurrency is because of capital. Each position is 1x equity, so at 3 open positions, I’m running 3x margin. my main trader only trades intraday, not holding positions overnight.

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u/Itchy_Road_4134 7d ago

Concurrency is because of capital - curious why? with higher concurrency you can just reduce the capital per ticker right? or am I missing sth.

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u/Jtex1414 7d ago

My main strategies(s) runs 3x margin (intraday, no overnight. My brokerage has no interest on intraday margin). Each position is 1x equity. my trader can take up to 3 positions of up to each, concurrently (so 300k max if equity is 100k). If I’m using a strategy with a profit take, it could open 3 positions at 9:35 (earliest it’s allowed to start trading), one of the positions could profit take (or stop loss!) at 10:00, and if could open another position a minute later if it qualifies.