Quantum Supercomputer
Eternal Poster
- Joined
- Dec 23, 2017
- Posts
- 740
- Reaction
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- Age
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How to automatically calculate position size?
Picture below is the computation of 2usdt risk
How so?
Put all the exact numbers on your RR settings like what I did on first picture, go on I'll wait,
Now upon saving, picture 2 is the result,
It indicates 415 on qty (quantity)
What does that mean?
2usdt /0.50% is 415, calculator may provide 400 as result, but here 415 is calculated precisely by market ticks or decimals
Anyways, we will put 415USDT as our position size if we want to risk 2usdt per trade
Picture below is the computation of 2usdt risk
How so?
Put all the exact numbers on your RR settings like what I did on first picture, go on I'll wait,
Now upon saving, picture 2 is the result,
It indicates 415 on qty (quantity)
What does that mean?
2usdt /0.50% is 415, calculator may provide 400 as result, but here 415 is calculated precisely by market ticks or decimals
Anyways, we will put 415USDT as our position size if we want to risk 2usdt per trade