Originally Posted by
;
Hello all,
I'm new to trading but I have put many hours into studying this forum and the counsel of the professionals. The very first and most worried counsel given by any of the professionals is Money Management.
There is a particular thread by Diallist that goes over the calculation for the number of cubes you ought to buy given a particular account risk. I do not discover these calculations to be hard by some other means, but I can see where new people shortcut this measure. Therefor, I have made a very simple but useful calculator for myself and my spouse (I do not trust her to calculate risk assessment). If there are any errors in this calculator, please tell me and I shall repair it.
If anyone else would like to use it, then I have attached it to this post. I left it in excel, and anyone without excel may download OpenOffice (A free Office clone from Sun Microsystems).
Also, It would be cool to have a Forum dedied to forex tools. Calculators, MT4 progr, MT4 EA's, etc.. .
Thank you for the great forum, I'm learning a ton. Trading a demo account right now, but hope to initiate a mini account shortly.
Que