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Trader's Software Tools
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| Stop Loss Calculator | |
Stop Loss Calculator was designed to give the user a quick way to determine a proper stop loss when buying or shorting a stock. The calculator determines the proper stop loss by the use of maximum desirable dollar loss criteria. The maximum dollar loss criteria is set up by the user via the '$' button or the '$Inv Capital' menu item. 'Investment Capital' available for investing and 'Share Increment' criteria are also entered through this window. To determine the proper stop loss desired, enter the price of the stock to be bought or shorted into the 'Share Price' box. Then click the 'Buy' or 'Short' button. The program will list the results for each number of shares, beginning with the total number of shares that can be purchased with the 'Investment Capital' available for investing, followed by the number of shares that can be purchased by an even number of shares, broken down by the 'Share Increment'. The 0 through 15/16 buttons are used to automatically append the correct decimal 16th increment to a price. The '$Inv Capital' amount can be changed by simply typing in a new amount into the box. To reset the amount to the original, click once on the '$Inv Capital' label. |
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| Visit the Publisher's site File size: 635 kb |
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| Cost: Freeware | |
| Runs on: Windows 95, 98, ME, NT, 2000, XP | |
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