Money Management boils down to knowing your correct position size before you enter your trade, and knowing what your overall risk to reward will be.
Regardless of your strategy or style of trading, correct position sizing and risk management are crucial for every trader to know – before entering a trade.
The Calculator has several tabs that fine-tune this information for different styles of trading, including cost-averaging, stop-and-reverse, multi-leg positions based on feathering-in, and straddle or pending orders.
The Calculator is a free-standing PC application that lets you quickly and easily see this critical information for each currency pair you trade.
"Great webinar on the CompassFX Forex Summit. You guys are so kind and generous. I have been through the mill the same as you. In this industry it is usually take no prisoners. I thought it was so wonderful of you to give the second computer free and even computer upgrades. Wow! I have never seen that before. It should come back to you ten fold. That is my wish for you. The Calculator. I cannot imagine trading without it. I am completely addicted to it. It has completely overhauled and improved my trading, both the trade choices I am making and the profit. WOW! WOW! Just as you said it would. By the way that video (The Calculator in Action) is phenomenal. I started using pending orders today. Takes the pressure off and better planning. I feel like my trading is 50% better since you guys started this side business of yours. I hope you make a fortune. I know my results are already showing it. No more errors." ~ BK