A simple yet very powerful stop loss calculator, that takes into account the capital you are willing to lose on a trade based on your portfolio size. It lists all the possible position sizes by 0.25% increments, so that you can decide a precise position size. As a super convenience, it also tells you the amount of shares to buy.

This is useful for all types of traders, from beginners to pros. It keeps is very simple. Only three inputs you need to enter to get a ton of useful output data. 1) What you are willing to lose if the trade goes bad. 2) Your portfolio size 3) Your entry price on your trade.

Once you enter that data, a table appears on a new screen, where you all the position sizes , the amount of shares to get that position, the capital that it would take to buy those shares, and finally the stop loss value to enter as a stop loss order, once you are in the trade. This stop loss value is the stop loss that will make you lose only the max risk that you entered in the input data.

You can really dial in the risk by changing either the risk amount, or by reading through the table, and choosing the position size that you feel comfortable with.

Also , when you tap/touch a row, it copies the data to the clipboard. I made it do this because I enter this data as a note into other alert apps that I use, so I can set alerts when stocks reach a certain level, and then when I decide to buy one, I will already know the stop loss order to make.
____INPUTS______
MAX RISK: this is the money you are willing to lose on a trade. It defaults to $400, but you can and should change this value based on the risk of the stock you are buying, or market conditions, your portfolio size, and your general risk tolerance.
PORTFOLIO SIZE (K): This is the portfolio size in thousands, where the trade is taking place. Foe example, if your account is $40,500 , you would enter 40.5 here. This is used to calculate the stop loss for each position size calculated
ENTRY PRICE: This is the amount you have paid( if you already executed the trade), or plan to pay for the stock.

_______OUTPUTS____
POSITION: The Percentage size of this position, increasing by a quarter percent from 0.25% to 29.75%. This will vary depending on your diversification level. Some traders utilize concentrated positions, and some use many small sized positions.

SHARES: The amount of shares to buy to obtain the the above position size.

CAPITAL: The capital that the position size represents of your total portfolio.

STOP LOSS. This is the price that you need to sell at to not lose more than your MAX RISK that you enter as the first input. Set a stop loss order at this price in your broker, or at least an alert when this price is reached, so you can sell and CUT YOUR LOSSES!!!

The app contains ads to support me in maintaining this and fixing any bugs, etc.