I have been trying to use the Weight function for the purpose of balancing. I am using it in a sell rule, such as:
Eval(Weight > 60, Weight - 0.50, 0)
OR
Eval(Weight > 60, Weight - 50, 0)
The intention is to sell off the part of a positon > 50% of the total portfolio value. In portfolio, positon ABC has reached a weight of 65%. I’d like to sell off 15% of the position only.
In both cases the sell rule sells 100% of the position.
Thanks.