Risk calculator

there needs to be a position risk size calculator inside of topstepX, like tradingview has. If you want people to use the platform long term, please add this. otherwise we are just guessing our risk in each trade before we enter. It has been mentioned here in feedback numerous times without a solution.

Hello Team!

It would be great if a risk calculator is added just like Trading view has it, when you right clic on the shot/long positin tool then clic on create order, the panel shows you the amount of risk in USD that you are risking, that way we could take faster trades. Thank you!!!

I would like to have a tool that calculates the number of contracts based on stop loss/risk.

This would allow us to accurately know the exact financial amount we are risking before execution.

Thank you :)

Tradingview currently has the ability to add in the USD Risk amount you are willing to risk in a trade, this then in turn based on the amount of ticks you want to risk tells you how many contracts can be afforded for that risk. Could we see this implemented within TopstepX as well please to help calculate that on the fly on the order component?

It would be good to add a lot calculator to place your stop loss and take profit more easily in order to avoid calculating ourselves

Please add an automatic tick size calculator for Risk (stop loss) based on equity % before placing a trade (limit or stop order).

E.g. with a hot key ‘s’ as stop loss.

If I press ‘s’, and hover the mouse cursor on the chart, and click on a price level, it will draw a horizontal line and calculate a predetermine stop loss set as risk % (e.g. 0.25% risk) from the current price.

For me it's the most important tool we need. We know Future trading needs to be with a number of contracts. So, to be easier for us, it will be perfect to have a calculator about number of contracts.

With a link about the order tool, enter the entry value, the SL and the TP.

The calculator will be so nice to calculate the number of contracts we need if we choose per example to risk $100 or $200 or anything else.

I know tradingview use it already so let's do it also please.

Thank you so much!

I would like to see a simple way of inputting my risk ( $500 ) for example, then the alpha ticks risk control tool continually works out how many contracts need to be used depending on how big my stop loss is

Example:

You would have your stop loss and take profit lines constantly on your chart and every time you drag them closer or further away from where the market currently is your risk always stays at $500

similar to how magic keys works

I believe having a mechanic that shows what you’ll lose/profit upon entering a trade would help a ton of people with risk management. I typically have a goal of 2:1 when I enter but I don’t know where that will be unless I grab the Long/Short Position tool and draw it. Although I can pinpoint a 2:1, I do not know how many contracts it’ll be to stay within my risk. If, like on TradeLocker, there was a mechanic to show what you are risking and what you can profit, that might yield to greater success within Topstep.