▌ACADEMY://sizing-journal · lesson 2/4
Using the Position Sizer
The inputs
1/7The position sizing calculator (Plus) asks for:
- Account size and max risk per trade (%). The form starts at 2%; this course uses 1%.
- Direction: long or short.
- Entry price and stop loss price. For a long the stop must be below entry, for a short above it, or it refuses to size.
There is an options mode too. This lesson sticks to shares.