FX - Position Size Calculator 4+
Risk Management, Trading Power
Ajay Gorasiya
Designed for iPad
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- 2,99 €
Screenshots
Description
Not knowing how much quantity to buy when trading and worrying of unexpected losses? Don't worry Position Size Calculator got you covered!
A Position Size Calculator is a valuable tool for traders in financial markets, aiding them in determining the appropriate size of their position for each trade. Here's how it's typically used:
Risk Management: The primary purpose of a Position Size Calculator is to help traders manage risk effectively. By inputting parameters such as account balance, risk percentage per trade, and stop loss level, the calculator calculates the optimal position size that aligns with the trader's risk tolerance.
Determining Trade Size: Traders can use the calculator to decide how many units or contracts of a financial instrument to buy or sell. It ensures that they don't risk more than a predetermined percentage of their capital on any single trade.
Maximizing Gains, Minimizing Losses: The calculator's output aims to strike a balance between maximizing potential gains and minimizing potential losses. It suggests position sizes that allow traders to capture opportunities in the market while protecting their capital from excessive risk.
Consistency: By using a Position Size Calculator consistently, traders can maintain a disciplined approach to risk management across all their trades. This consistency is crucial for long-term success in trading.
Psychological Comfort: Knowing that each trade is sized appropriately according to risk parameters can provide traders with psychological comfort and confidence in their trading decisions.
Overall, a Position Size Calculator serves as a practical tool for traders to implement sound risk management practices, which are essential for navigating the often volatile and unpredictable nature of financial markets.
App Privacy
The developer, Ajay Gorasiya, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Not Collected
The developer does not collect any data from this app.
Privacy practices may vary based on, for example, the features you use or your age. Learn More
Information
- Provider
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Ajay Gorasiya has identified itself as a trader for this app and confirmed that this product or service complies with European Union law.
- Address
- Q-102, Navkar Residency Navagam Pasodara Surat 395008 Gujarat India
- Phone Number
- +91 9737665727
- ajaygorasiya@yahoo.com
- Size
- 26.7 MB
- Category
- Utilities
- Compatibility
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- iPhone
- Requires iOS 11.0 or later.
- iPad
- Requires iPadOS 11.0 or later.
- iPod touch
- Requires iOS 11.0 or later.
- Mac
- Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
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English
- Age Rating
- 4+
- Copyright
- © 2024
- Price
- 2,99 €
Supports
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Family Sharing
Up to six family members can use this app with Family Sharing enabled.