position-size

Calculate position-size given risk tolerance and distance to stop-loss

Install

npm install position-size

Use

▸ positionSize(capital: number, riskAsPercentOfCapital: number, percentDistanceToStopLoss: number): Either‹string, number›

Defined in src/position-size.ts:39

Calculate position-size given risk-tolerance and distance to stop-loss.

Parameters:

Name | Type | ------ | ------ | capital | number | riskAsPercentOfCapital | number | percentDistanceToStopLoss | number |

Returns: Either‹string, number›

import { positionSize } from 'position-size'

positionSize(1000, 1, 2.6)
//=> Right(384.6153846153846

positionSize(1000, 150, 2.6)
//=> Left('Risk cannot exceed 100 percent')

Documentation

See generated documentation.

Related

• position-size-calculator