Money Management Calculator
Monday, January 8, 2007
Managing risk is an important step to becoming a successful trader. To help manage risk we need to determine our entry price and stop price. Once these two values are known, we can determine before we enter a trade what risk we are willing to make.
To help calculate my positions, I use a free position size calculator. This calculator allows me to calculate the amount of shares I require to own to risk a set portion of my portfolio value.
Posts
