Taking profit based on % return

Hi Luke,

What comes to mind is an scheduled event that runs everyday after market close. I would make sure that if you are monitoring many symbols you make sure the OnData has run for all of them before the schedule event. So you portfolio data is up to date once you evaluate your take profit. I am assuming you are running daily resolution.

#inside initialize
self.take_profit_factor = 0.05
self.Schedule.On(self.DateRules.EveryDay("SPY"),self.TimeRules.AfterMarketClose("SPY",12), self.EveryDayAfterMarketClose)
def EveryDayAfterMarketClose(self):

	if self.Portfolio.TotalPortfolioValue > self.last_day_portfolio*(1+self.take_profit_factor):
		#trim positions
		
	self_last_day_portfolio = self.Portfolio.TotalPortfolioValue

Regards,

Dario

Hi Luke Shuman
We recommend using the UnrealizedProfitPercent attribute of the Holdings class of the security object:
 

for kvp in self.Securities:
	 security = kvp.Value
	 
	 if not security.Invested:
	 continue
	 
	 pnl = security.Holdings.UnrealizedProfitPercent

Best,
Varad Kabade