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How to Use the Risk Calculator
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The risk of losing your money is always present when trading. The risk calculator on TradeLocker is a powerful tool that can help you effectively manage that risk.
It allows you to set up a Stop Loss (SL) price and specify the dollar amount you are willing to lose if the market moves against your position. As a result, it will automatically calculate the order amount based on these inputs.
TradeLocker is the next-gen day trading platform built by listening to the needs and preferences of over 2.5 million traders to deliver intuitive, fast, and community-driven trading experience anytime, anywhere.
📣 Join TradeLocker on Discord:
📈 Get early access to TradeLocker:
Follow us on Social Media:
#tradelocker #sltp #riskcalculator #trading #forex #crypto #riskcalculator #daytrading
Chapters:
00:00 Intro
00:06 Risk toggle on
00:11 Risk a fixed dollar amount
00:20 Automatically calculated order size
00:28 Expanded order panel
_________
Disclaimer: TradeLocker is not a financial advisor. The ideas presented in this video are for entertainment purposes only. You are responsible for the financial decisions that you make. Before investing, make sure you do your own analysis and research.
It allows you to set up a Stop Loss (SL) price and specify the dollar amount you are willing to lose if the market moves against your position. As a result, it will automatically calculate the order amount based on these inputs.
TradeLocker is the next-gen day trading platform built by listening to the needs and preferences of over 2.5 million traders to deliver intuitive, fast, and community-driven trading experience anytime, anywhere.
📣 Join TradeLocker on Discord:
📈 Get early access to TradeLocker:
Follow us on Social Media:
#tradelocker #sltp #riskcalculator #trading #forex #crypto #riskcalculator #daytrading
Chapters:
00:00 Intro
00:06 Risk toggle on
00:11 Risk a fixed dollar amount
00:20 Automatically calculated order size
00:28 Expanded order panel
_________
Disclaimer: TradeLocker is not a financial advisor. The ideas presented in this video are for entertainment purposes only. You are responsible for the financial decisions that you make. Before investing, make sure you do your own analysis and research.
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