You can now add multiple profit targets (PTs) and stop losses (SLs) to your trades, giving you more flexibility when planning and reviewing your risk management.
Step 1: Open the Risk Section
In the Trade Tracking Page, scroll down to the Risk section.
By default, you’ll see single inputs for Profit target and Stop loss.
Step 2: Enable Partial PT or SL
Check the box for Add partial PT or Add partial SL.
This expands the section and allows you to add up to 3 profit targets and 3 stop losses.
Step 3: Enter Prices and Quantities
For each target/stop, enter:
Price → the level you want to exit.
Qty → the number of contracts/shares to exit at that price.
You can mix and match — e.g., take partial profits at the first two PTs and leave the rest for the final PT.
Step 4: Review Calculations
TradeZella automatically calculates:
Planned Profit
Planned Risk
Planned R-Multiple
Realized R-Multiple (once the trade closes)
These are based on your average entry price across multiple entries.
Example
If you enter at $100 (10 contracts) and $105 (10 contracts), your average entry is $102.50.
PT1: Sell 7 contracts at $110
PT2: Sell 3 contracts at $120
PT3: Sell 10 contracts at $125
SL1: Sell 15 contracts at $95
SL2: Sell 5 contracts at $90
TradeZella will calculate the adjusted cost, planned profit, planned risk, and R-multiple automatically.
Calculations
Adjusted Cost (what you “spent”):
100*10 + 105*10 = 1000 + 1050 = 2050
Planned Profit (if targets hit):
(110*7) + (120*3) + (125*10) = 770 + 360 + 1250 = 2380 Planned Profit = 2380 - 2050 = +330
Planned Risk (if stops hit):
(95*15) + (90*5) = 1425 + 450 = 1875 Planned Risk = 2050 - 1875 = 175
R-Multiple (Risk/Reward Ratio):
330 / 175 ≈ 1.89R
👉 This means for every 1 unit of risk, you’re aiming to make ~1.9 units of reward.
That’s it!
With multiple PT/SLs, you can plan trades more realistically and track how well you stick to your strategy.
⚠️ Remember: This feature is currently in beta. Contact support if you’d like early access.
If you have any questions or need assistance, feel free to reach out to our support team — we’re here to help!