Comparison
Your exchange's order form against ZRisk
An exchange ticket asks for a quantity. A trader decides on a risk. What sits between those two, and what it costs, compared side by side.
The short version
The exchange is the venue, not the tool. Its ticket is built to accept an order, so it asks for the one number you do not have: quantity. ZRisk starts from the number you do have, which is what you are willing to lose.
| the exchange order ticket | ZRisk | |
|---|---|---|
| What you type in | A quantity in coins | The money you are willing to risk |
| Fees in the size | Charged after, on top of the loss you planned | Priced in before the size is decided |
| Funding while you hold | Deducted as it happens | Estimated for your holding time, inside the risk |
| Stop and target | Placed separately, after the fill | Sent with the entry, can be set on your chart |
| Lot rules | Rejects the order if you get them wrong | Reads them per pair and rounds to them |
| Least you need on the exchange | Not shown | Worked out, including the trip to your stop |
| Where your funds are | On the exchange | On the exchange. ZRisk never asks for withdrawal permission |
The gap is three seconds long, and it costs money
You decide at one price and type at another. In those seconds the market moves, and whatever it moved is risk you did not choose to take. Sizing from a live price closes that gap, because the quantity is already correct at the moment you press the button.
A stop-out costs more than the stop
Risk over stop distance is the formula everyone uses, and it is short by the commission on both legs and the funding you paid while you held. On a small account that is noise. Over a few hundred trades it is a number worth having back, and it is the difference between a plan and an estimate.
You still trade on the exchange
Nothing here replaces the venue. The order goes to the same book at the same price, through an API key that cannot withdraw. What changes is the quantity in it, and that stop and target leave with it rather than after it.
Questions
Yes. ZRisk sends the order to your exchange through an API key you create. The trade lives there, your funds stay there, and you can manage or cancel it from the exchange as usual.
No, and a key with withdrawal or universal transfer permission is refused rather than accepted with a warning. Futures trading is all that is asked for.
Try it on your next trade
The free calculator needs no account. Size a trade with it and see whether the difference is real for you.