Automatic Contract Sizing Risk Management

Since Switching trading Platforms From Tradelocker, to Ninjatrader, to Tradingview, and Now TopStepX, I’ve always been accustom to first setting how much Dollar amount i’d like to risk on every trade and then setting a stop loss based on that dollar amount and then the platform would automatically calculate how many contracts to buy in order to risk that set amount of dollars on the trade because some trades my stop loss is wider and other trades my stop loss is tighter so the fixed bracket risk system does not work for my trading style at all thus making it extremely difficult to trade effectively on this platform, yet everything else in the platform is okay my Edge is crucially relied on my risk management in which I cannot uphold effectively. I’ve now just learned a way to measure risk and contract sizing based on stop loss position using the trading view long tool and short tool but this extra step of an process Slows down my execution due to the fact that my strategy is based on market orders and quick intra-day scalps so I Must Move Quick. I’m not sure why this is not a feature because Every Other Trading Platform Has This Feature, so I Believe This Should Be A Priority To Add Because I Seen The Announcement Of TopStep Soon to release an Brokerage feature, but will that also Lack This One Essential Risk Management feature as well…

I understand Changes Like This Is Easier Said Than Done, But It’s Been Quite Some Time Without It Because I’ve Seen Previous Request Made About It Already And I’m Sure It’s Possible To Integrate In Some Type Of Way Or Form If Meticulous Time And Effort Is Prioritized Into It. I Pray This Brings Attention To This Feature And The Crucial Desire To Have This Feature Aswell, And I’m Sure This Will Ultimately Increase The Amount Of Users, Sales, And Profit Margin For TopStep Which Will Prove Beneficial Not Only For Us As Users But For TopStep As An Business.

In Summary I’m Just Requesting An Feature Where I Can Place An Stop Loss Position And Set An Dollar Risk Amount And The Platform Will Automatically Calculate The Set Amount Of Contracts Needed To Stay Below Yet As Close As Possible To That Dollar Risk Amount When Executing An Market Order.

For Anyone Else Struggling With This Issue Aswell, I Recommend This Video As An Extra Step To Take As An Temporary Fix For Risk Management.