How to not lose Money and be smart in Risk Management
Updated
It's complex code but great if you want to add on risk-free.
If you have started a successful Position and wish to add on without risking losing any Money this Formula is for you!
Please link my Work and be credible, we help each other in this Community! :)
Formula:
(Current Price/ First Position Entrance Price) = Positive Value AND Additional Entry DO ((CP/FPEP)-1)/2 = Maximum Risk Tolerance. (MRT)
FPEP*(MRT+1)= Risk-Free Stop Loss Price for Add On(RFSLP) ( RFSLP is optional Info)
(First Position Order in USDT * MRT) > (Second Position Oder in USDT * Number C) Execute Additional Order
Number C = (Additional Stop Loss Price/ Entry Price) -1 = Number B
√(NumberB)² = Number C
First Position Entrance Price = Entry Price of First Position
Positive Value & Additional Entry are Boolean Functions
Number C is the Percentage you will set at Risk for the additional Position
If you have started a successful Position and wish to add on without risking losing any Money this Formula is for you!
Please link my Work and be credible, we help each other in this Community! :)
Formula:
(Current Price/ First Position Entrance Price) = Positive Value AND Additional Entry DO ((CP/FPEP)-1)/2 = Maximum Risk Tolerance. (MRT)
FPEP*(MRT+1)= Risk-Free Stop Loss Price for Add On(RFSLP) ( RFSLP is optional Info)
(First Position Order in USDT * MRT) > (Second Position Oder in USDT * Number C) Execute Additional Order
Number C = (Additional Stop Loss Price/ Entry Price) -1 = Number B
√(NumberB)² = Number C
First Position Entrance Price = Entry Price of First Position
Positive Value & Additional Entry are Boolean Functions
Number C is the Percentage you will set at Risk for the additional Position
Note
I am planning to code this!
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