How To Use Position Sizing - cleo.finance Docs

The Order Management section allows you to set many crucial position attributes. You can use multiple Stop Loses and Take Profits and split your positions by percentage. In addition, there are many ways to set your targets and see your PnL.

In this guide section, you will find all needed to understand how to utilize Cleo’s unique options to maximize your trading performance. Go to our Order Panel category to learn more about order types, take profits, stop losses, common trading errors, templates, and volume.

Throughout the Asset Management section, we use the “target” icon.

Since in the Advanced mode you are allowed to see all 4 methods of data input at the same time, you need to set which one is the main method of calculation. The remaining three options are only approximated and visualized for you.

The values without the target icon are only approximations at the time. The values can change.

For Manual Trading, the approximations can be quite close to actual values considering that you open your position immediately rather than waiting for entry conditions to be met.

For Smart Trading, the approximations can vary from the actual values when your position is opened. This is mainly because the smart position has entry and exit conditions. Your entry conditions can take time to be met which could result in the difference between the approximations and the values when your position is opened.

There are some readily available templates that you can use.
You can preview them, pick them, and even customize them the way you want.

Trading

Position Sizing in Backtesting or Crypto Bot Creation

Related Articles