I’ve created some tools and calculators to help you trade with more information available.
Profit Calculator
The Profit Calculator tells you important trade information, based on on the price of the stock and your total portfolio value. Profit Calculator lets you know the the price your stock trade will break even – after all your comissions are paid off. It will also give you an idea of how much profit you can expect and various price levels. Another feature of the profit calculator is that it will give you an initial stop loss price for your trade.
How does this calculator work? I tend to put a small calculator on MS Excel