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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Would be good but even better to have the option to input risk with position size as the output
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Yup the thought here is that if you put in "2%" for % loss SL, it'd auto-fill-in the Quantity cell based on your entry and SL prices