Open Risk

The current display shows the Net Running P&L based on price, which represents the open (unrealized) P&L. This only becomes realized once positions are closed. While this is useful, an even more critical metric for traders is understanding the open riskβ€”the potential loss if all stop-loss levels are triggered. This is essential for determining whether to increase or reduce exposure.

Calculating this requires only three data points:

  • Purchase price

  • Number of shares

  • Stop-loss price

Incorporating this feature will give traders a clear view of their risk profile and improve decision-making.

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Upvoters
Status

Completed

Board
πŸ’‘

Feature Request

Date

4 months ago

Author

Chris D

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