I don't know if this is appropriate here but I'm trying to start a trading journal so I can become more disciplined and understand what I'm doing.
I'm trying to build a formula to identify what the minimum number of shares need to be sold and at what price as a take profit point so that should things go south and I hit my stop loss that I break even on the trade.
I've included a copy of my journal. Column P and Q would tell me what is the minimum number of shares to sell and at what price to prevent the possible loss if a stop should occur. My trade risk is at column O
I have racked my brain on this and can't figure this out. If someone could give me some advice it would be greatly appreciated.
Bookmarks