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Risk management is the most important chain in the link. Your strategy can be really good, but without risk management, it does not mean anything. This tool will help you calculate your lot size inside TradingView. Want to know more about risk management? Read our new blog post here.
Simply set your entry and stop loss by clicking on the price point you want it to be
Like setting your entry and stop loss you can simply click to set your target
After the first two steps the indicator will ask you to set your symbol.
Set your balance, risk in % and all the other inputs which fits your risk.
30 day money back guarantee. Cancel anytime in one-clock from within your account. If you're not completely satisfied, effortlessly cancel with a single click from your account. Your satisfaction is our priority, so we'll happily refund your investment within the first 30 days. Don't wait - start transforming your trading today!
Risk management is the most important part of trading. Being consistent in your losses and position sizing will give you a great kickstart. If you risk 10% on your account per trade you can take 80 trades and it's done. This is when you consistently use 10%. If you only risked 0.5 you would have been down 33%.
Imagine if you did not use a dynamic lot size based on your account balance.
We have carefully designed our software so that even the newest trader can analyze the market with the fundamental framework of a true professional. However, there needs to be an understanding of how the concepts work and operate in the market, so you can implement it the right way.
Our users say it matches 95% of their chart work. But like any other tool, you need to have an edge and know what you're doing. This comes from testing and learning.
Why you not try it out and see for you self?
1) Full access to our Sonarlab Trading Community, A group of over 3,000+ (and growing) highly motivated and like-minded individuals that sits at the core of everything we do at Sonarlab… Don’t worry, once you’re in, you will know what we mean.. , where professional traders share their set-ups and trade break-downs.
2) The Sonarlab Algorithms, our tech-driven answer to consistent and profitable trading in the 21st century.
3) Access to all of our future innovations and improvements.