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A simple program to manage risk and calculate the right amount of shares to buy.

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zaironjacobs/stock-position-calc

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Stock Position Calculator

PyPI - Python Version PyPI PyPI - Status PyPI - License

A simple program to manage risk and calculate the right amount of shares to buy.

Install with pip

To install:

$ pip install stock-position-calc

To upgrade:

$ pip install stock-position-calc --upgrade

For some Linux distributions you will need to install the tkinter package:

$ sudo apt update
$ sudo apt install python3-tk

Launch program:

$ stock-position-calc

Or create a file to run the program

Windows:

$ git clone https://github.com/zaironjacobs/stock-position-calc
$ cd stock-position-calc
$ pipenv install --dev
$ pipenv run pyinstaller stock_position_calc/app.py --onefile --windowed

Linux:

$ git clone https://github.com/zaironjacobs/stock-position-calc
$ cd stock-position-calc
$ pipenv install --dev
$ pipenv run pyinstaller stock_position_calc/app.py --onefile --windowed
$ sudo chmod +x dist/app

The output file can be found in the dist folder.

Usage

Fixed Cash Amount:

Will calculate the number of shares solely based on the amount you want to invest in a trade. Example: You have $10,000 to invest in a stock and you would like to buy shares of that stock when the price falls down to $20. The amount of shares you will buy will be 500 ($10,000 / $20).

Fixed Risk:

Will calculate the number of shares based on how much you are willing to risk. Example: You have an account size of $10,000 and you would like to buy shares of a stock when the price falls down to $20. You decide on a stop loss of 15% ($17) and you want to risk only 1% ($100) of your account size. The amount of shares you will buy will be 33 ($100 / ($20 - $17)).