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January 23rd, 2018, 12:31 PM   #1
Joined: Jan 2018
From: Earth

Posts: 1
Thanks: 0

Hello Mathaholic, can you help me to create a formula with these variables

If X is trading balance, Y% is max loss per trade and Z% is stop loss.

For Example:

X = $1000 trading balance

Y= max loss per trade at 0.6% of trading balance

Z = stop loss at -8% from entry point

What would be the formula to calculate a position size of a single trade based on those variables? Thanks!
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