Display maximum risk reward every trade

Started by luckybit, April 28, 2016, 10:05:26 PM

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xeroc


gamey

Quote from: btswildpig on April 29, 2016, 03:08:16 AM
Quote from: gamey on April 29, 2016, 03:04:29 AM

How would you calculate these 2 values?  Could you walk us through a simple example with real numbers ?

I just see a similar features on an forex exchange .
The idea is this :

You choose an direction (long,short) and order price , then input a take-profit or stop-loss price , and it will show how much you'll lose or gain if the price reaches it .

It's pretty smooth ...... I can control exactly how much risk I'm willing to take , like 2 USD ... And the position will be covered if the lost >=2 USD . same goes for profit-taking .

Are there take-profit and stop-losses in the BTS exchange?
I speak for myself and only myself.

btswildpig

Quote from: gamey on April 29, 2016, 03:04:29 AM

How would you calculate these 2 values?  Could you walk us through a simple example with real numbers ?

I just see a similar features on an forex exchange .
The idea is this :

You choose an direction (long,short) and order price , then input a take-profit or stop-loss price , and it will show how much you'll lose or gain if the price reaches it .

It's pretty smooth ...... I can control exactly how much risk I'm willing to take , like 2 USD ... And the position will be covered if the lost >=2 USD . same goes for profit-taking .
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gamey


How would you calculate these 2 values?  Could you walk us through a simple example with real numbers ?
I speak for myself and only myself.

luckybit

This works for the interface and would let people know the potential upside and downside before each trade. This is a feature and should not take much developer time to implement.

How much in $ can a person make is the potential reward. How much they can lose is the potential risk.
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