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Amount per Trade

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16 comments

  • SueldoDigital

    There is new option added "Fixed USD Amount" If I set it in Futures and there is trade with BTC, does my usd will be auto converted to btc?

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  • Eyad Tal

    Hi SueldoDigital,

    No, this option will not actually cause your USD to be converted into BTC.
    Instead, in your example, it will use an amount of BTC (out of your existing BTC amount) that is equal to the fixed USD amount you chose.

    Should you have any further questions please let us know

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  • Alejandro celdran

    Hi, i have a question about Amount per trader with %. I have right night 4 diferent clients. Binance spot, binance futures USD-M, COIN-M and Bybit for Margin. If my whole portfolio is "X"  but i want to set 5% amount per trade in my Binance Futures account where i have "Y", the 5% will be of the "Y" amount of the client or  "X" from whole portfolio amount?

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  • Eyad Tal

    Hi Alejandro celdran,

    The calculation of the desired % will be for each account separately. Therefore, per your example, it will use 5% out of the "Y" (given that the "Y" is composed only of the relevant coin for the trade).

    That is when choosing the % amount, it takes a flat-out percentage from your available amount (which is relevant for the specific trade) plus the amount from your open trades (which is relevant for the specific trade), from the relevant account.

    Please let us know if you need any further assistance

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  • peter

    Hi support team!

    1. Risk Percentage: Does this reflect the actual leverage?

    2. "* leverage - in this section you choose the investment amount, so in margin exchanges the position size will be about the investment amount * leverage."

    Where does this part refer to?

     

    3. How to fix the maximum potential loss to the trading amount (e.g. 5%)

    case 1: The channel sends a signal with entry 100 and SL 95, leverage x20.

    --> The maximum loss is 100%

    case 2: The channel sends a signal with entry 100 and SL 80, leverage x20.

    --> The maximum loss is 400%

    case 3: The channel sends a signal with entry 100 and SL 95, leverage x50.

    --> The maximum loss is 250%

    Is it possible to limit the potential loss to 100% of the trading size independently of the leverage?

     

     

     

     

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  • MachineMan7724

    Hi Peter. I was also wondering how we can optimise a potential loss (question 3).

    There is a huge difference how you trade on futures account: with isolated or cross margin.

    The liquidation point with cross margin is further aways compared to isolated, since your position is "diluted" with your whole futures portfolio. But of course there is much higher risk involved since not only your trade is exposed, but your whole futures portfolio.

    So for cross I would recommend the following amount per trade: Risk Percentage (1%)*

    For isolated fixed amount per trade would be fine*. So you know exactly how much you’re putting towards a trade each time.

    Then you can also limit max trades executed at the same time.

    And do not forget that you need to take into account the size of your margin balance. For cross I would not put more than 15-20% of the whole futures portfolio in concurent trades. 80% will sit there just to maintain your open positions. This will give you some extra time to react.

    *Minimum order on Binance Futures USD. The minimum notional value of each order must be no less than the threshold 5 USDT. If the order notional value is less than the set threshold (5 USDT), the order will be rejected.

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  • peter

    Hi MachineMan7724, thanks for your thoughts on this topic but they do not cover my point in question no 3 on how to limit the risk to exactly 100% of the trading size.

    Whether I trade isolated or cross, 1%, 5% or exactly 88$, the risk is determined by the gap between entry and stop loss in % times the leverage.

     

    case 1: The channel sends a signal with entry 100 and SL 95, leverage x20.

    --> gap 5% x20 leverage. The maximum loss is 100%

    case 2: The channel sends a signal with entry 100 and SL 80, leverage x20.

    --> gap 20% x20 leverage. The maximum loss is 400%

    case 3: The channel sends a signal with entry 100 and SL 95, leverage x50.

    --> gap 5% x50 leverage. The maximum loss is 250%

     

    My question is now: Is there a setting that does the calculation and sets the SL for me depending on the chosen leverage?

     

     

    I am wondering why the support team has not answered the question yet :-/

     

     

     

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  • peter

    what I think is this:

    on Risk percentage no matter the leverage or distance to sL you always lose  the same amount
    you choose 10% risk percentage which equals to 10$ for example
    10x signal you lose 10$
    20x signal you lose 10$ again

    Now the question is: Will the SL be moved closer to the entry or will the trading amount be downsized to meet the Risk Percentage of e.g. 2%?

     

     

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  • MachineMan7724

    Hi Peter,

    Your initial question was how to fix the maximum potential loss.
    I've answered that above: you need to use Risk Percentage for cross leverage OR you could just stick to isolated with fixed amount per trade (but still Risk Percentage is safer)

    Is there a setting that does the calculation and sets the SL for me depending on the chosen leverage?

    No, and fyi adjustment of the SL to arrive at a desired position size - it is considered as a bad practice in trading.. But I let the Cornix team to reply to that... .

    Now the question is: Will the SL be moved closer to the entry or will the trading amount be downsized to meet the Risk Percentage of e.g. 2%?

    Of course not. SL will stay like it was given to Cornix bot.

    But instead, the position size will be adjusted accordingly to the configured Risk Percentage, e.g. 2%.

    Tighter SL -> larger your position size

    Wider SL -> smaller your position size

    P.S.

    But there is a generic default SL that you can predefine in the settings.

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  • peter

    Hi MachineMan,

    what I meant was how to fix the maximum potential loss per trade.

    you need to use Risk Percentage for cross leverage OR you could just stick to isolated with fixed amount per trade (but still Risk Percentage is safer)

     Thus, regardless of cross or isolated, your suggestion to use "risk percentage" seems to be the right setting.

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  • Yakov

    hello,

    the bot is kept saying:

    Main Menu:

    You don't have enough new or existing amount to open trade with

    after importing signals fro CSQ

    but the amount is there. 

    what can be the problem?

     

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  • MachineMan7724

    Hi Yakov.

    May I suggest to contact Cornix Support (available on telegram)? I believe you'll receive your answer quicker there.

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  • Eyad Tal

    Hey,

    First, our apologies for the delay, we somehow missed some comments in here.
    Second, we updated the above article, so I hope that now if you will read it again, it will be clearer.

    Regarding some of the questions:
    1. Risk Percentage: Does this reflect the actual leverage?
    Yes, it takes into consideration the trade's leverage when calculating the amount per trade.

    2. "* leverage - in this section you choose the investment amount, so in margin exchanges, the position size will be about the investment amount * leverage." Where does this part refer to?
    We changed the original text, The meaning is that in Amount Per Trade from types: Percentage, fixed BTC, and fixed USD, the amount will be multiplied with the leverage.

    3. Regarding the calculation questions, in order to calculate the Risk Percentage (based on the above formula) the portfolio size is needed.

    4. It is not possible to limit the potential loss independently of the leverage, as the calculation takes the leverage into consideration in Risk Percentage, while on the others, the amount will be multiplied with the leverage.

    I hope these clarifications and the updated article will help to gain more understanding. Please don't hesitate to reach out if for further questions.

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  • casperchin

    Hi support, 

    thanks to provide this awesome integration to the public. 

    I have a question here. Let say I have 1,000 USDT in my futures account.

    and I manage to risk 10% per futures trade, with is equal to 100 USDT.

    My leverage is X10. and I discover a trade that my stop loss gap is -10% far. (So my ROE will be = -100% when the price moves against my projection .So than I loss 100 USDT)

    When I configure my own personal bot setting and choose ' fixed usdt amount' to place my trade position. 

    Am I right to just place '100' in the fixed usdt amount ? Can I understand that the amount per trade is referring to the 'margin cost' in future ?

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  • MachineMan7724

    Hey casperchin.

    I suggest that you use that formula above to better understand the whole idea.

    With fixed amount and a lev x10 you will risk much more... .

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  • casperchin

    Hey MachineMan7724,

    After checking all the available options to optimize the trading signals, I think I will select the risk percentage base as my option. Because the stop loss level can be various from my signals.

    So the position will be various due to the distance from my entry to my stop loss price.

    By using below formula, I think I can utilize the signals. thank mate 

    Trade's Potential Loss % = (Entry Price - Stop Loss Price)/Entry Price.

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