Risk-Reward Position Sizer

Risk-Reward Position Sizer – Features Checklist

Purpose:
A visual calculator and position sizing tool for day traders, providing realistic risk, stop-loss, take-profit, and reward-to-risk information based on account size and position constraints.

Features:
Flexible Risk Settings
Set risk as a percentage of your account or a fixed dollar amount per trade.
Automatically calculates position size based on desired risk and stop distance.

Stop Loss Options
Stop distance can be defined as a percent of entry price or a fixed price.
Automatically adjusts stop distance when position is cash-limited to achieve your target risk.

Take Profit Options
TP can be defined as a fixed R multiple (e.g., 2R) or fixed absolute price.

Cash-Limited Position Handling
Optional “Cap Position to Account Size” prevents buying more shares than your cash allows.
Shows actual achievable risk if your cash limits position size.

Realistic Risk / Reward Calculations
Calculates Actual Risk $ based on position size and stop distance.
Calculates Projected Win $ based on take profit and position size.
Calculates Actual Reward-to-Risk (R:R) ratio using actual stop and TP.

Position Metrics
Estimated quantity of shares/contracts to buy.
Estimated position value.
Estimated leverage used relative to account size.

Top-Right Table Display
Clear, compact table showing:
Account size
Target risk $
Actual risk $
Stop distance
Quantity
Position value
Take profit and stop-loss prices
Projected win $ and %
Projected loss %
Actual R:R
Leverage

Trading Decision Aid
Gives traders a realistic snapshot of achievable risk and reward before entering a trade.
Helps avoid the common trap of setting tight stops that don’t actually match desired account risk.

Why It’s Useful:
This indicator turns abstract risk/reward concepts into concrete, actionable numbers, helping day traders size positions safely, plan stops and targets realistically, and maintain consistent risk management across trades.