Calculate the risk.
Runway is your account
Give yourself a flying chance.
Ten percent a trade gives you ten trades. One percent gives you a hundred.
No third outcome
There's no such thing as a short takeoff.
Runway is your account, measured in trades. Risk ten percent a trade and it's ten trades long. Risk one percent and it's a hundred. Enough trades and the edge does what it does. Not enough and the strip ends first.
What RisX does
RisX tells you how many contracts to trade before you place the order.
Type in your account size, your stop in points, and the percent of the account you are willing to lose on this trade. RisX gives back the position size in contracts and the dollar risk, so every trade fits the account. Free is five minutes of the calculator a day. Pro is unlimited and adds the trade log. iOS 1.0 is on the App Store. Android is still a closed test.
RisX is a risk-management calculator. It does not place trades, hold funds, or give financial advice. Confirm contract specs with your broker. Not a chart. Not a broker.