Risk Manager is a handy tool for anyone looking to make smart moves in the stock market. Being a successful investor isn't just about having solid knowledge and experience; these days, you need fast software to help you make the right investment decisions. That’s where Risk Manager comes in!
This lightweight application works great alongside your favorite investment management app. It helps you quickly figure out how risky or rewarding your current buying and selling positions are. If you're the kind of investor who often closes positions partially, this tool is perfect for you!
With Risk Manager, you get important info about potential gains or how much cash you might lose based on your strategy, market pips, and current positions. It's designed to give you a clearer picture of what you're getting into.
The calculator makes it easy! Just enter details about your market investments, like pips and how much of a position you've closed. You’ll find editable fields in a table that let you input things like the size of your stock lot, stop loss value (which helps avoid big losses), pip value, and your account balance.
Once you've filled in those fields, hit the "Calculate" button! This will automatically fill up other fields so you can see absolute values of risk, total profit, risk margin, and break-even win percentages. You’ll also see totals for each position along with remaining stocks.
Risk Manager is super helpful for financial market investors looking to estimate their risk or reward effectively. It lets you enter details on all your positions—though keep in mind there’s a limit of six entries. This way, you'll know if your investment strategy has what it takes to make money!
If you want to start fresh with new calculations? Just click the "Reset" button! All fields go back to zero so you can jump right back in without any hassle.
If you're interested in giving this tool a try, check it out here!
Go to the Softpas website, press the 'Downloads' button, and pick the app you want to download and install—easy and fast!
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