Systemized Risk Bracket Improvement

Please allow for automatic position sizing with a bracket order based on trader generated risk parameters input in settings. Trader would input either risk amount or percentage in Risk Settings option that is already available, but there would be an option to automatically calculate position size via a bracket order once a stop loss has been chosen. This would work by choosing your stop placement first, and then dragging the entry bracket to entry price. Example, R is $200 and SL placement is 10pts from entry. SL bracket would be set and entry bracket drug to entry where the auto calculated 1 Nq mini or 10 micros would be filled. Could do the same thing on dom also. Risk should be defined by a technical stop and not where a flat $ amount randomly hits. This tool would automate that process and guarantee that the trader is optimizing risk parameters without over/under risking. Would be a huge game changer to many who struggle with correct sizing.

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Upvoters
Status

In Review

Board

πŸ’‘ Feature Request

Tags

Risk Tools

Date

About 1 year ago

Author

J E

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