Thanks @Justin I appreciate the clarity. While I have your attention, can I get some more clarity on the function of these hotkeys, but in some layman's terms?
Lets say a stock is 20 dollars currently, and I am eyeing a good stop .20 cents away at a moving average, with a planned target of 20.60.
So, if my max risk on any trade is $45, and I am using the "dollar risk" hotkey (as shown), then am I correct in stating that I will be double clicking on the price I want to set my stop (19.80), and then the hotkey function is going to be calculating how many shares I can afford at the current price (20) based on my risk per share (.20 cents), with a total max risk in the trade of $45 worth?
So it seems in this example, I would be purchasing 225 shares at $20. Is that how this all works? I watched some of Kyle's example videos, and that seems to be what is happening, I'd just really appreciate some clarity on the function of it all. Thanks in advance for the help, it is VERY appreciated.