Join the millions of professional and retail traders that employ risk management techniques in their Long trading strategy
Trading Insight LITE
What is it about?
Join the millions of professional and retail traders that employ risk management techniques in their Long trading strategy.
App Store Description
Join the millions of professional and retail traders that employ risk management techniques in their Long trading strategy.
In today’s volatile market, employing risk management in your trading is extremely important, yet some traders lose money not because they choose the wrong companies to invest in, but because they don’t know how to employ more effective risk management techniques, and are unaware how to control their losses.
With Trading Insight you’ll have a better understanding of:
• How to control your account and single position exposure
• The risk for each trade
• Best Practices for Position Sizing
• Risk mitigation suggestions
• How to employ a Stop Loss trading style – extremely important
Trading Insight is an educational app only, that follows mathematical formulas and publicly available data to provide educational suggestions. Users are solely responsible for how and if they use it in their trading.
Trading Insight is offered in 3 tier packages:
FREE (basic features, does not require online connectivity, comes with Ad’s)
LITE (same as FREE, does not require online connectivity, one-time cost with no Ad’s)
*PRO (includes LITE and additional advanced features, requires online connectivity, subscription model)
*soon to be available
Trading Insight LITE
The LITE version allows the user to understand their account and position risk and sizing for each individual trade.
This version requires the user to decide where the Entry Price and Stop Loss is before-hand, by doing their own analysis. (Trading Insight PRO version provides more insight on Entry Price and Stop Loss)
*Does not require online connectivity
The LITE version of Trading Insight comes with no ads, and allows users to get educational suggestions on:
The 3 most important Insights:
• Number of shares #: How many shares you can acquire based on your chosen Entry and Stop Loss price
• Max Risk amount $: How much do you risk losing in this trade and much percent that is from your Entry Price
• Position size $: How much is the actual total cost for this position
Other extra Insights (informative and non-actionable):
• Max Position size $: How much is the maximum total cost for this position
(will always be same or higher than your actual ‘Position Size’)
• Adj Max Account Risk %: How much is the actual risk % for this position
(will always be same or less than ‘Max account Risk’)
The user needs to decide and input the below info, in order to see the former mentioned suggestions
(Depending on your trading experience, and in case of less experience users, consider subscribing to the PRO version to get more insight)
• Account Size $: What is your current total account size
• Max Position %: How much % of your total account size can each trade be at a maximum (default 100%)
• Max Account Risk %: How much % of your total account size you risk losing (default 1.00%) – this reflects your confidence level for this position
• Entry Price $: What is your position Entry Price for this trade
• Stop Loss Price $: What is your Stop Loss price
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