position-sizer

Calculate optimal position size by combining Fractional Kelly criterion with ATR-based volatility metrics to determine target weight, shares, and stop-loss levels for your portfolio. This adjusts your risk exposure based on stock volatility and conviction score.

Fractional Kelly position sizing is a conservative risk management method that calculates trade size using a fraction of the Kelly criterion formula. Use it to align individual trades with your total portfolio value and defined risk per trade limits.

Factor conviction score into trade sizing by using it as a composite adjustment modifier that scales the calculated position size up or down. This reflects your confidence level in the trade alongside ATR volatility and portfolio risk constraints.

Use ATR-based position sizing for personal portfolio management by inputting your portfolio value, symbol, and composite score. It calculates dollar amount, shares, and stop-loss tailored to individual traders managing defined risk per trade.

To calculate shares and stop-loss you need the trading symbol, total portfolio value, and a composite conviction score. These inputs determine target weight, exact share count, dollar allocation, and stop-loss price.

Avoid using Kelly criterion position sizing when you lack a defined conviction score or maximum position limits, as the calculation relies on these to apply fractional adjustments and enforce risk management constraints for individual trades.