I want you to make a simple trading manual projection calculation software
1, I will select my starting trading balance in the field. For example 1000 USD
2, I will selcet Projection for particualr number of trades. For example 200 trades.
3, I will select the % risk per trade. For example 5% of the account balance.
4, I will select the win/loss ratio of the trade. For example 60% of our trades are winners and 40% of our trades are looser so if our total trades are 200 than 120 trades will be Winners and 80 Trades will be loosers.
5, I will also select risk:reward ratio.
Risk:Reward is basically let say we risk 5% of our account and our account balance is 1000 USD than 5% of 1000 Usd will be 50 USD Risk and if we make 100 USD on the trade than risk reward ratio will be
Risk : Reward
1 : 2
Since I will not always get 1:2 risk: reward on every wining trades so I will also provide various risk reward too for example
75% of our winning trades are 1: 2 risk:reward. (120 winning trades x 75% = 90 trades)
10% of our winning trades are 1: 1.5 risk:reward.(120 winning trades x 10% = 12 trades)
10% of our winning trades are 1: 1 risk:reward. (120 winning trades x 10% = 12 trades)
5% of our winning trades are 1: 0.5 risk:reward. (120 winning trades x 5% = 6 trades)
Since in our example 40% of our trades are loosers so when software come across lossing trade it will reduce 5% of account balance ( because of already define in our example risk as a 5% )
Software should ask me all those above details and project my trades in random basis in such a way that It follows my defined settings .
I will click on TAKE TRADE Button and it will show me the Result of the trade based on the settings we previously defined ( Either loss or a win. If win than what is the reward: ratio and It should automatically add or remove balance from my account balance based on the output of the trade and risk: reward. Than I’ll again click on TAKE TRADE Button and so on untill my Projection for particualr number of trades are over ( Above paragraph point 2 we defined 200 trades as an exmple)
At the end of the cycle i.e, in our example after 200 trades I should be able to save all 200 trades log details plus Graphical view to see the balance rise or fall.
I WILL NEED A DEMO FIRST BEFORE SELECTING YOU AS A WINNER.