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This Shockingly Simple Tool, And The Discipline To Use It, Can Easily Help Stock Traders And Investors Avoid Unnecessary Losses


WEBWIRE

Hillsdale, N.J. - A special free online version of the TradeSizeR2(TM) calculator has just been made available to the public by Labrador Bay Trading, LLC. This tool was developed to make it easier for stock traders and investors to follow certain basic rules that help them to avoid unnecessary losses.

Trading and investing gurus often speak or write about diversification, risk, targets, stop losses, etc. Putting those concepts into everyday practice is not always easy.

Two common errors made by beginning, and sometimes even more experienced, traders are buying too many shares of a single stock and poor, if any, stop loss management. Either error can be costly by itself, but together they can lead to excessive losses that can be hard to recover from. This is particularly true in a turbulent market, such as the one we’ve been experiencing lately.

Based on the idea of limiting the risk in any one trade, the TradeSizeR2(TM) calculator helps ensure that a trader’s inevitable losses are smaller and more easily managed.

Once a trader has selected a stock as a possible buy, he enters a few basic numbers such as the target, entry, and stop loss prices. The calculations are then displayed clearly in black and white, and sometimes color, to help him make a decision.

There are actually two online calculators - one for the more typical Long trade (buy low then sell high), and the other for Short trades (sell high then buy low). Because a trader enters his own overall parameters, the calculator can be used with almost any type of trading system.

“It’s easy to use” said Fred Schroeder, the websites’s developer, “and helps provide crucial insight into whether a specific trade is worthwhile. Then it answers the question of ’How many shares should I buy or sell?’”

The free online versions and more detailed information can be found at http://www.TradeSizeR2.com. The $37 enhanced desktop version, is also available for download from the website.
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