Limiting account percentage with Robinhood Template Algo
The Robinhood algo, here: https://www.quantopian.com/posts/robinhood-live-trading-update-stop-waiting-3-days-with-robinhood-instant , uses this,
# We will weight each asset equally and leave a 5% cash reserve. context.weight = 0.95 / len(context.assets)
to equally distribute funds throughout the list of assets in our context. I would like to make this work with a Large cash reserve and a Small investment to limit my risk.
I've set the account starting amount at $26,000 and changed the context.weight = .038 to invest ~$1,000 of my cash. However, this results in having 0% returns throughout. I've also played with this and it seems like the magic number is around .25; so when I set context.weight = .25 , then I get returns, BUT not at .2
Does anyone know what is going on here? I would really like to not invest 25% of $25,000 at my first live algo attempt! hah...
(I have other questions/concerns about going live, but I will probably ask those in another thread)
Any ideas or workarounds are appreciated.