This indicator helps traders to calculate the amount of shares they need to buy based on their preferred position size. The Stock Size Calculator has two modes: Account and Position mode.
Position mode: In Position mode the trader enters a position size in dollar and directly gets the amount of shares that can be bought with the given position size. In addition it is possible to select a factor to quickly see how many shares should be bought for a half or double position.
Account mode: In Account mode the trader enters his/her account size and a preferred risk in percent. With both values the amount of shares as well as the risk in dolloar is calculated.
Features ■ Calculate the amount of shares, position size & risk ■ Use Position or Account mode ■ Multiple customize options
Hints *Only tested on US stocks *All calculations without guarantee, please check the results before open orders