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I disagree. It's impossible to have a meaningful conversation about anything unless you can atomically isolate the topic. I could have written a virtually endless original post bringing up everything that could possibly go wrong but that would simply be beyond the scope of the topic. If you want...

Right. Look, it's a highly hypothetical and highly simplified example that intentionally leaves a lot out. Of course what you bring up (and lots of other things) can't simply be glanced over in actual trading. EDIT: For the record though, I've coded up a non-commercial, open source position...

Interesting. If you don't mind, could you give a more complete description using a similar hypothetical simplified example but with your version?

I'm probably misunderstanding your question, but isn't it clear from the original post? "...long $10 000 in e.g. SPX with x20 leverage. Set stop loss at 1% of SPX. Thus, if SPX drops 1%, the loss is $2000 (=2% of capital) The stop loss is moving."

Would you agree with the following? Why, why not? Never risking more than 2% of capital on any individual trade is a widely adhered to rule among professional traders. Unfortunately, this rule is commonly understood too simplistically and consequently gets a lot of undeserved flak for being...

@Canna_King Cheers =D really appreciate it! @bone Thanks for your feedback. I agree that money management is too often merely an afterthought, and that it can't really be distilled into simply "never risk more than x% of capital per trade". For the app, as a designer I have some different...

Good for them. I don't trust myself to do even relatively trivial calculations without aid while trading. =) Actually I did find a bunch of existing calculators like this, none that were free, nor open source (very bad because there's no way of knowing if they're poorly coded and have subtle...

I couldn't find a free trading calculator for fixed percent risk position sizing, so I wrote and released one. Free, open source, non-commercial. Just thought some might find it useful. http://positioncalculator.bedobi.com I'm looking to write some more apps, let me know if you have any ideas...