Dear All,
Don't know if this will be of any use to anyone- particularly those who are more experienced but welcome to it if anyone feels it of use. One of the issues I have always struggled with is determining the size of position I can take in relation to risk and size of my capital-after reading some stuff in a book I am in the middle of I pulled together an Excel sheet which automatesdetermining the size of position you can comfortably take given the risk you are comfortable with-price of share,stop loss etc.not sure how to upload the actual s/s but if anyone feels it of use then e mail me and I will send it on.
P.S. it is not rocket science just automates some simple calculations.
Alan
Don't know if this will be of any use to anyone- particularly those who are more experienced but welcome to it if anyone feels it of use. One of the issues I have always struggled with is determining the size of position I can take in relation to risk and size of my capital-after reading some stuff in a book I am in the middle of I pulled together an Excel sheet which automatesdetermining the size of position you can comfortably take given the risk you are comfortable with-price of share,stop loss etc.not sure how to upload the actual s/s but if anyone feels it of use then e mail me and I will send it on.
P.S. it is not rocket science just automates some simple calculations.
Alan