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Risk Manager for Android

By DominantaSchool Free

Developer's Description

Risk calculation is what makes you rich, not losers!

The Risk Manager app is designed to calculate risks when trading stocks, forex, commodity market, shares and cryptocurrencies.

The app has three calculators:

1. for the Bitfinex exchange

You can calculate the size of the position you can take based on the risk percentage, your Deposit size, entry and stop points.

This calculator takes into account the commission when entering a position, depending on the type of order you choose (long or short)

2. for the Bitmex exchange

You can calculate the number of contracts you can take based on risk, the Deposit size, entry and stop points. The complexity of calculations on the Bitmex exchange is that your Deposit is in one currency, and you buy contracts in another.

This application simplifies risk calculation as much as possible, since all calculations are made automatically.

This calculator also takes into account the commission when entering the trade, depending on the type of order selected.

3. Universal calculator

You can calculate the position size based on the risks on any exchange worldwide, regardless what you trade (futures, options, commodities, currencies).

The Risk Manager app automatically understands which position you want to enter in long or short.

Enter all the data in the fields, select the risk percentage, and the app will automatically understand the long or short position and show you how many contracts you can take so as not to exceed the risks.

By subscribing, you get access to all three calculators.

You can also support the project on our website.

As a group of professional traders, we are confident that the Risk Manager app will be useful to all traders without exception.

Risk Manager will help you even if you understand nothing about trading and make trades based on the other traders advice or signals.

WHO NEEDS THE APP:

- Beginners. This app will help you avoid draining deposits in the first year of trading.

- Those who are no longer new to the trade. This will help you quickly and easily calculate the risks for each trade and control the risks.

- Professionals. This is a fast and convenient tool that will increase the efficiency of your trading system.

Our personal belief and recommendation:

Enter into trading with the entire Deposit, but do not exceed 3% of the risk per trade.

This risk allows you to earn as much as possible with minimal losses in case of a stop.

Remember! Calculating risks while trading is more important than any trading system.

Do not exceed 3% risk when trading, and you will definitely become a winner in the long run!

Full Specifications

What's new in version 1.1

General

Release May 8, 2020
Date Added May 8, 2020
Version 1.1

Operating Systems

Operating Systems Android
Additional Requirements Requires Android 4.1 and up

Popularity

Total Downloads 0
Downloads Last Week 0
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