POSITION SIZE CALCULATOR
Position Size / Margin
Distance to Stop Loss
% of Equity
Current BTC Price
BTC Position Size
Potential BTC Loss
To use Cross Margin, set Leverage to 1 and purchase the number of contracts that makes your 'Order Value' the value indicated for 'Position Size/Margin'.
To use Isolated Margin, set Levarage to whatever multiple you desire. The value in 'Position Size / Margin' will be your cost or margin requirement.
I have a $5,000 Account Balance. Input 5000 into the 'Account Balance' cell.
I have determined my Risk Percentage. I recommend 1-3%. Input that value into the correct cell, omitting the % sign.
I have identified a trade setup, and know my Entry Price and Stop Loss. Input those values into the correct cells.
Determine whether you want to use Cross Margin or Isolated Margin. Follow the steps above for those.
IF Cross Margin, I will buy the number of contracts it takes to make my 'Order Value' the value in the 'Position Size / Margin' cell.
IF Isolated Margin, I will buy the number of contracts it takes to make my 'Cost' equal to the value in the 'Position Size / Margin' cell.
Make sure to set your Stop Loss and Take Profit orders. Refer to the BitMEX Tutorials for further information.
Trade safely. :)