David GalanisQuestions(2)Answers(0)Posts(0)CommentsMost traders think of their risk as total equity at risk as you mention. So per trade they’re willing to risk say .5% or 1% of their portfolio on that particular trade. So what that means is that your total equity risk needs to stay the same, but your purchase price to stop-loss difference is what’s going to determine the size of the position you take so that it doesn’t exceed your preferred total equity risk. This is how a tool like the iOS app “Trade Risk Manager” works to calculate your position size.On Position sizeThank you for such a quick reply, this is just what I was looking for!On Answer for Focussed Twitter Alert FeedCrop