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Date/Time: Sat, 23 Nov 2024 02:56:16 +0000



Post From: Position Sizing

[2015-12-28 22:32:21]
User78188 - Posts: 10
Hello,

I am looking for a way to have my position sizing automatically calculated for me when I am entering my trades. I use OCO orders with one target and stop. I would like to enter my trades from the chart and automatically use the quantity based on my account size and where I have my stop and target. If I move my stop and target when I am setting up my trade before it is executed I would like my position sizing to keep updating. I would like an input to enter my account size and the system calculate either a % risk or a dollar amount that I am comfortable risking, as well as the R multiple. I would like this info displayed on the chart attached to the entry, stop, and target.

how can I do this? Thanks