I made a mock-up of a possible new single-screen (no click-through) order entry form, thoughts?
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It'd be cool to have a function that calculated position size automatically on the basis of defined account risk. That'd probably push me over to FTX tbh.
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What exaclyt does "defined account risk" mean--like based on the desired leverage or something?
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No - based on the size of your account.
So let's say I want to enter a position - my entry is x, my stop is y, and I want to risk z% of my total account - those 3 variables can be used to calculate position size.
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Ah! Totally makes sense. So the third thing you'd put in would be % loss if you stop got hit, right?
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Ideally if you can just enter 1% or 2% etc and have the qty entered automatically at that value that would be perfect.
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Yup the through would be that if you enter 2% it'd auto-fill-in the size based on other parameters
This feature alone would make people love you.
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Since it's a feature that actually encourages the user to not get rekt.
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