All the data provided by this indicator is relative to the research done by the proprietary algorithms provided by Tradesmiths and is based on generally what’s normal for particular stocks. This is yet another incredible feature provided here. The calculator gathers your data and assesses your risk tolerance advising you accordingly.īasically, the calculator will ask you for some data. Once you specify how much cash you would be willing to lose in case a trade doesn’t go your way, the system will provide you with several alternatives. The alternatives differ depending on where you have set your trailing stop. But in general, the options given by this calculator can come in handy in helping you easily set up buy and sell orders. What’s more, the Position Size Calculator is loaded with important instructions that anyone can seek guidance from. Since this isn’t a trading platform, it would ordinarily be cumbersome to tap into the alerts to make timely decisions without direct access to brokerage services. Fortunately, the team at TradeStops is keen on simplifying this.Īt the time of compiling this review, the stock alerts services accommodated more than 15 brokerage firms. As such, this makes it easy for anyone to active follow their investment portfolios from one place i.e. the TradeStops site.Īnother key benefit of this feature is that it makes it easy to track stocks that aren’t in your portfolio. You’ve got to appreciate the fact that this platform has a one-stop-shop library.
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