/PSCalc

Position size calculator by mFat

Primary LanguagePythonGNU General Public License v3.0GPL-3.0

PSCalc

App Screenshot

Introduction

This is a simple position size calculator for traders. It takes your account balance, entry price, exit price, stop loss and risk percentage to calculate the correct position size. It has both CLI and GUI versions. It's cross-platform and should run on Linux, MacOS and Windows or any OS with Python installed.

Use case

This app is intnded for traders (mainly stocks and cryptocurrency traders) as a risk management tool. By using the correct position size you ensure you won't lose more money than what you want to risk in each trade, if your stop loss is hit.

The app is optimized for quick data entry, and quick copy/paste from/into the app. You can navigate through the app using keyboard. Just use tab and arrow up/down keys to move between text fields quickly.

Download

Download Windows version here

Or head to the Releases section and download the app for your operating system. Each release contains versions for Linux, Windows and MacOS plus the python script. If you're a Windows user, download the exe file.

The app requires no installation. Just download the file and run it.

If you're a linux user and prefer the command line, use clicode.py

Disclamer: Don't rely on this app for your investemnt/trade decisions. This is just a hobby project that I have made for my personal use. The calculations shouldn't be considered financial advice.

Donations

Please use one of these addresses for donations:

Bitcoin: bc1qqtsyf0ft85zshsnw25jgsxnqy45rfa867zqk4t

Tether (TRC20): TAvQWVD83DB3QuDspnMh4uiJ7hi4Jzcr6X