Sizing Bases

Sizing Bases turns the first decision of sizing into a side-by-side comparison — the definitive clean build of sizing bases as a working dashboard. From one setup — direction, entry, stop distance — it computes what each of five bases would trade: Percent of Equity, Equal-R Dollar, Fixed Notional, Fixed Units and Leverage Cap, with sizes always rounded down so no budget is exceeded.

How to Trade the Sizing Bases?

• Read the dashboard row by row: size, notional, risk at the stop, risk percent of equity and implied leverage per base, with the plan limits quoted under each column.
• Watch the breach color: cells flip color when a base risks more than the percent-of-equity budget or levers past the cap — the two rules written plans most often state.
• Trade the active base: its row is highlighted, the entry label quotes its size, the stop label the loss and equity share at the stop.

Three alerts fire when the active base crosses either limit, keeping this part of the risk and exit discipline mechanical rather than remembered.

Sizing Bases Settings

• Direction (default Long): which side of the entry the stop sits on.
• Use Live Price (default on) and Entry (default 0): anchor to the latest close or a planned price.
• Stop Distance From (default ATR Multiple) with ATR Length (default 14) and Mult (default 2): the loss-per-unit denominator; Stop % (default 2) and Fixed Distance (default 1) serve the other modes.
• Account Equity (default 10000), Percent of Equity Risk % (default 1), Equal-R Risk (default 100), Fixed Notional Value (default 5000), Fixed Units (default 100), Leverage Cap (default 2): the five reference quantities.
• Point Value (default 1) and Round Size Down To (default 0): unit conversion and rounding.
• Active Base (default Percent of Equity): the base the plan actually trades and the alerts watch.

Frequently Asked Questions

How is this different from Kelly sizing?

The Kelly Criterion derives a risk fraction from estimated edge and odds; this tool takes whatever budget or exposure rule a plan already states and converts it into units — how much to risk versus how large that risk makes the position.

Why do the five bases disagree so much?

Because notional and risk constrain different things: against a wide stop, a modest position can lose more than a far larger one held against a tight stop. Watching the columns diverge on one setup is the point of the dashboard.

Does the tool place or manage trades?

No. It is a planning overlay — levels, a table and limit-breach alerts. Execution, scaling and exits stay with the trader.