kylecsmith5
New member
For general risk management purposes, I would like and have been playing around to try and create a "% of account" column for in the watchlist of current positions.
On margin account, equity would need to be calculated a little different given you're allowed more buying power but I would be happy with "%" of the funds available for trading, or more or less the cash account value of the account.
Just a small idea to have a "red flag" or something to keep you honest in risk, sizing. I'm sure this column may already exist and if not, may benefit others as well!
Thank you
On margin account, equity would need to be calculated a little different given you're allowed more buying power but I would be happy with "%" of the funds available for trading, or more or less the cash account value of the account.
Just a small idea to have a "red flag" or something to keep you honest in risk, sizing. I'm sure this column may already exist and if not, may benefit others as well!
Thank you