Stock Trade Journal
 

 StockTradeCalc Mobile Screenshots

The Stock Trade Calculator has three main functions. First, a Reward / Risk calculator that given an entry, stop and target price tells you what the ratio of the reward over the potential loss is. Usually this ratio should be greater than 3.

Trades Screen Shot   Trades Screen Shot   Trades Screen Shot

Next, the Quantity function of the calculator allows you to figure out how many shares to purchase given an entry, stop price and a maximum dollar amount you are willing to risk. For example, if you are only willing to lose $50 in a trade enter 50 in the $Risk field. Now enter the entry price and the stop price. The calculator returns the number of shares to buy for that amount of risk.

Notes Screen Shot   Notes Screen Shot   Notes Screen Shot

The third function is the entry price calculator for a given Reward / Risk, stop and target prices. Lets say that you want to trade a stock and have identified support and resistance levels. Enter a stop price just below support and a target price just below resistance. It is recommended that you enter 3 or higher in the R/R field. The calculator returns the price you should enter the trade for a the given R/R. You can now set an alert on your trading platform at the given entry price and be ready to pounce once you are alerted.

Notes Screen Shot   Notes Screen Shot   Notes Screen Shot

Available at the App Store Get it at the Windows Phone Store Get it at the Google Play Store

 

Features

  • Calculate Reward / Risk ratio for a trade given entry, target and stop loss prices
  • Calculate Quantity of shares to purchase for a dollar risk amount and given a stop loss price
  • Calculate the ideal entry price for a desired R / R given a target and a stop loss price.

System Requirements

  • iPhone or iPod Touch
  • iPhone OS 3.0 or higher.
  • Windows Phone 8 or higher.
  • Android 4.1 or higher.

Get it at the App Store Get it at the Windows Phone Store Get it at the Google Play Store


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