Bueller Buys Risk Management: Een eenvoudige risicobeheer calculator voor het handelen in opties
Bueller Buys Risk Management is a risk management calculator app designed specifically for trading options. This app aims to simplify the process of managing risk while trading, providing users with a straightforward and easy-to-use tool.
The app requires four inputs to calculate the risk management parameters. Firstly, users need to enter their account size, which represents the total amount of funds in their trading account. Secondly, users can set their maximum risk percentage, indicating the maximum portion of their account they are willing to risk on a single trade. A commonly used value for this parameter is 2%.
Next, users need to specify the number of contracts they intend to purchase for the trade. Finally, users must input the contract price, which represents the cost of a single contract.
Once the inputs are submitted, the app calculates several key results. Firstly, it provides the maximum risk in dollars, converting the user-defined maximum risk percentage into a dollar amount based on the account size. Secondly, it calculates the position size, which is the total value of the contracts in both dollar amount and percentage of the account size. Additionally, the app calculates the stop loss as a percentage of the position and also provides the contract price at which the user should stop out based on the maximum risk.
Bueller Buys Risk Management is a simple yet valuable tool for traders looking to effectively manage their risk while trading options. With its user-friendly interface and accurate calculations, this app can be a useful addition to any trader's toolkit.