π§ What is trade risk manager and How does it work?
Protect your portfolio by going into each trade risk first! Trade Risk Manager allows you to do just that by knowing exactly what your position size would need to be - based on your account size, stock purchase price and stop-loss location - so that youβre never risking more than a predetermined amount of your portfolio on each trade. FEATURES With the lastest version (1.0.4) you can now CUSTOMIZE your Equity Risk percentages or select four different default position sizes based on market conditions as shown below: Default Position Sizes / Total Account Equity at Risk Small / (.0625%) Medium / (.125%) Large / (.25%) Full / (.5%) Once a few simple parameters are entered, Trade Risk Manager will calculate the following for you: Total Money at Risk Total Position Size (in dollars) Number of Shares to Buy Disclosures Investing is risky and could result in the total loss of invested principal, even with risk management precautions in place. Therefore, one should consider their investment objectives and risks carefully before investing. Trade Risk Manager does not offer financial advice, but functions as a calculator to measure possible portfolio risk. By using this app you are acknowledging that you alone accept full responsibility for all investment decisions made and will not hold Trade Risk Manager or its makers responsible for any losses incurred due to investing.
40 Best Finance Apps like Trade Risk Manager π₯ Top Picks for 2024
A guide to the best alternatives for trade risk manager. What are the top finance apps like trade risk manager for 2024? Find popular finance like trade risk manager. Below are the most similar finance apps we found. Discover the top 40 competitors to trade risk manager.
