Bitmex calculators return eroneous calculations:
A position size with high leverage, without recognizing the fees impact!
The loss will be severely superior to your expected trading risk! So, the risk reaward is completely wrong, you can easily lose more than win on every trade and liquidate your capital without understanding! It’s sure Arthur agrees…
Calcmex return the maximal position size assuming the type of input and output expected. In the potential loss are included your trading loss (PnL) and your tradings fees (entry and exit, maker or taker)
Check this example (more on the website), trading loss is 93,89$ entry fees: -3.05$ (this is a maker entry) exit fees: 9.15$ so total fees are: 6.10$ the total loss is 93,89$+6,10$ = 99,99$ wich correspond really with the trading risk (1% of $10 000)
== Steps ==
Go on Calmex and choose the pair you trade
XBTUSD
ETHUSD
BCHUSD
Others in construction
You must input your money management and technical trading parameters:
Calcmex provides results in $ and Xbt:
Your calculated position size
The leverage needed
The risk reward fees inclued (potential gain to risk loss ratio)
The potentiel gain fees included
The breakeven fees inclued (exit level without loss or profit)
The risk loss fees inclued (%trading budget risk)
Calcmex provides calcul verification, look at the entry fees impact:
On the position size, profit, breakeven and the most important : Riskreward!
Warnings :
Don’t use calculators not including trading fees in calculs: impossible correct money management especially with leverage!
You can trade on Bitmex if you’re Ok with your calculated riskreward (>1 is better)
Follow my Twitter @calcmex for thoughts and latest Money management developments performance tools,
A position size with high leverage, without recognizing the fees impact!
The loss will be severely superior to your expected trading risk! So, the risk reaward is completely wrong, you can easily lose more than win on every trade and liquidate your capital without understanding! It’s sure Arthur agrees…
Calcmex return the maximal position size assuming the type of input and output expected. In the potential loss are included your trading loss (PnL) and your tradings fees (entry and exit, maker or taker)
Check this example (more on the website), trading loss is 93,89$ entry fees: -3.05$ (this is a maker entry) exit fees: 9.15$ so total fees are: 6.10$ the total loss is 93,89$+6,10$ = 99,99$ wich correspond really with the trading risk (1% of $10 000)
== Steps ==
Go on Calmex and choose the pair you trade
XBTUSD
ETHUSD
BCHUSD
Others in construction
You must input your money management and technical trading parameters:
- Input your trading budget either in $ or xbt (your total dedicated trading amount)
Input your trading risk (the trading budget % losses accepted if stop loss hitted)
Input your entry level
Input the stop loss level (the smaller is the entry stop loss distance, the bigger is your trading power)
Input the target level
Switch buttons if you intend to enter , exit in maker mode
Press “enter” or LOAD button
Calcmex provides results in $ and Xbt:
Your calculated position size
The leverage needed
The risk reward fees inclued (potential gain to risk loss ratio)
The potentiel gain fees included
The breakeven fees inclued (exit level without loss or profit)
The risk loss fees inclued (%trading budget risk)
Calcmex provides calcul verification, look at the entry fees impact:
On the position size, profit, breakeven and the most important : Riskreward!
Warnings :
Don’t use calculators not including trading fees in calculs: impossible correct money management especially with leverage!
You can trade on Bitmex if you’re Ok with your calculated riskreward (>1 is better)
Follow my Twitter @calcmex for thoughts and latest Money management developments performance tools,