Stop Trade Loss app for iPhone and iPad


4.5 ( 9865 ratings )
Business Finance
Developer: Tom Havemose
Free
Current version: 1.0, last update: 7 years ago
First release : 01 Feb 2014
App size: 3.15 Mb

The purpose of this app is to help you not losing money in the stock market. You just enter a stock symbol and the money you want to invest and hit the calculate button. The app then calculates reasonable stop loss points for long and short positions. This will help you get out of a bad trade in time and keep you trading account in business. As you know, the market is unpredictable, nobody knows what the market will do in the future to come, but what you must know is where to set your stop loss point and target to keep you in the game. If your stop will make you lose 100$ on a trade, then you target must be at least 100$ otherwise you are taking more risk than expected return. This is simple to understand and yet so difficult to apply in real trading. By always using good stop points and fair targets you will maximize you change of survival in the world of stock trading. This app helps in finding those stop points and targets.