Hi all,
I would like to know if anybody has a position size calculator?
I would like to keep a trading journal and increase my lot size as the account grows.
So for example.
Start with an account of $100 and taking a position of 1K
If I start with $1000 then my position size would be 10K
etc etc
My overall goal is to increase my account with 15% per week.
So if after the first week my account grows to $1150, the next week my positions will be 11.5K etc.
Can this be calculated in excel automatically? Any excel guru or anybody has anything like this to share?
Thanks.
I would like to know if anybody has a position size calculator?
I would like to keep a trading journal and increase my lot size as the account grows.
So for example.
Start with an account of $100 and taking a position of 1K
If I start with $1000 then my position size would be 10K
etc etc
My overall goal is to increase my account with 15% per week.
So if after the first week my account grows to $1150, the next week my positions will be 11.5K etc.
Can this be calculated in excel automatically? Any excel guru or anybody has anything like this to share?
Thanks.