positionplanning

Your entry is only half the trade. Position size matters too.

A trader can have a reasonable setup and still take unnecessary risk by using an oversized position.

The free Trading Turtle Position Size Calculator helps estimate position size from:

• Account balance
• Risk per trade
• Entry price
• Stop loss
• Trade direction
• Futures leverage

It can be used for stocks, spot and futures positions.

The idea is simple:
Decide how much you are willing to lose before deciding how much you want to trade.
#TradingCommunity #TradingEducacion #Binance #PositionPlanning