Trade Planner
Position size, risk-to-reward, an account safety check, and market context — in one place, then straight to your Journal.
How to use it
Using the Trade Planner in 5 steps
- 1Choose direction (buy/sell) and the currency pair — the exchange rate fills in automatically.
- 2Enter entry, stop loss, take profit, and your risk % — position size and risk:reward compute live.
- 3Check the account safety check panel — it shows whether this trade fits your active account's remaining daily and overall drawdown budget.
- 4Review the market context panel for open sessions and any high-impact news due on this pair in the next 24 hours.
- 5Click "Save & log trade" to send it straight to a pre-filled Journal entry — just add the exit and notes once it closes.
Why it matters
What this does for your trading
- Confirms a trade fits your account's real risk limits before you place it, not after.
- Surfaces upcoming high-impact news on the exact pair you're planning, so you're not blindsided mid-trade.
- Removes the "which lot size" guesswork — position size is computed from your real risk % and stop distance.
- Saves a round of manual Journal data entry — your planned figures carry straight through.
Settings for this tool
What you can customize via Settings
- Settings → Trading's Default account balance, Default risk %, Preferred pair, and Base currency pre-fill this page — an active Trading Account overrides the balance and risk % with its real numbers.
- The account safety check needs an active Trading Account (Accounts) — without one it has nothing real to check daily/overall drawdown against.