The complete guide to JBL Risk Manager

North Atlantic Pty Ltd has worked on one problem since 2001: how a trader decides what being wrong is allowed to cost. Risk Management is vital to Trading Success — and Position Sizing is the missing key to successful Risk Management.

The argument in full: “Position Sizing aka Money Management is your first line of defence against catastrophic loss.” It is regarded by successful traders to be one of the most important components of any Trading Plan. When you combine intelligent Position Sizing with effective Risk Management and use a Stop Loss, you are planning for your long term trading and/or investment success.

What follows from it is the thing that makes this app different from a portfolio tracker. A tracker tells you what you own. This tells you how much you may buy, where the exit sits, and what the trade costs you if you are wrong — before you place it. The goal is to remove emotion and guesswork from the decision, not to predict the market.

Risk management here is four disciplines, in the order a trade meets them: position sizing, the stop loss, capital at risk, expectancy and r. The rest of this guide is how each one works on screen.

Step by step

1. 1Create a portfolio and tell it your starting capital.
2. 2Set your brokerage, ATR and money-management rules in Settings.
3. 3Record a trade — the model sizes it and places the stop.
4. 4Close trades as you exit, and read Trading Summary to see whether the system is working.

Fields explained

JBL Risk Manager is a trading portfolio and risk-management workspace. Before you can track trades you need an account. Registration is a three-step flow: sign up, verify your email with a one-time code, then log in.

Your session is kept with a secure token in the browser, so refreshing the page keeps you logged in. Any protected page you open while logged out sends you back to the landing page.

Step by step

1. 1From the landing page, click Register and enter your name, email, and a password.
2. 2Open the verification screen and enter the one-time code (OTP) sent to your email.
3. 3Sign in on the Login screen — you land on the Dashboard with the sidebar visible.
4. 4Forgot your password? Use Reset Password to receive an OTP and set a new one.

The JBL Score is a 0–100 read on a stock, designed so you do not need to interpret a chart to use it. Every score comes with three things: the number, a band (Avoid / Neutral / Good / Strong), and a plain-English sentence such as “Strong uptrend, moderate risk”.

It weighs the stock’s trend, its volatility, what it costs relative to what it earns, and the strength of its balance sheet. Expand “Why this score” on any score to see each of those with its actual value and whether it helped or hurt. Nothing depends on colour alone.

Alongside the band you get a style chip: Growth, Income, Blend or Speculative. These answer different questions. The band says how good the stock looks; the style says what kind of stock it is. A high score on a Speculative stock and a high score on an Income stock mean very different things.

Read it as a shortlisting tool. The score describes the present, never the future — how it balances what it looks at is a reasoned starting point that has not been backtested, which is why nothing in the app phrases a score as a prediction.

Step by step

1. 1Click any ticker — in the Screener, Watchlist, market tables or your trades — to open its symbol page.
2. 2Read the number, the band and the sentence together.
3. 3Expand “Why this score” to see what helped and what hurt.
4. 4Check the style chip to see whether this is a growth, income, blend or speculative profile.

Fields explained

Every symbol has its own page: a candlestick chart with ATR and ADX in their own panes underneath, a range switcher, and the full JBL Score with its breakdown beside it.

Tickers are links everywhere in the app. Click one in the Screener, your Watchlist, the ETF or commodity tables, the market movers, or your own trades, and you land here. There is a labelled way back, and a lookup box if you want to jump straight to another symbol.

Step by step

1. 1Click any ticker, or use the “look up another symbol” box on the page.
2. 2Switch range with 1M / 3M / 6M / 1Y / All.
3. 3Read ATR for how much this stock normally moves, and ADX for whether there is a real trend.
4. 4Use the score panel beside the chart to get the plain-English read.

The Screener finds candidates and ranks them. Start with a preset — that is the intended way in, and you do not need to know what a P/E ratio is to use one.

Safe income looks for a real dividend, low debt and a steadier price. Growth looks for stocks rising above their long-term averages. Strong trend looks for clear direction and a high score. Whichever preset matches the investment goal on your profile is marked “suits your goal”.

From there you can adjust. Six controls are visible — sector, country, type, max price, max P/E and min JBL Score — and everything else sits behind More filters. Whatever is active shows as a removable chip written in plain English, so the query is never a mystery.

Step by step

1. 1Open the Screener and click a preset.
2. 2Adjust the six visible filters, or open More filters for dividend yield, debt/equity, beta and market cap.
3. 3Click Run screen.
4. 4Click any ticker in the results to open its symbol page.
5. 5Download as Excel to take the full result set away.

Fields explained

The Dashboard is your home base. Every trade lives inside a portfolio, and a portfolio holds a starting capital amount and a default exchange (which sets the currency used across the app for that portfolio).

You can run as many portfolios as you like — for example one per strategy, account, or asset class — and compare them side by side under All Portfolio.

Step by step

1. 1Open the Dashboard from the sidebar (MAIN → Dashboard).
2. 2Click Create Portfolio, give it a name, starting capital, and a default exchange, then save.
3. 3Select a portfolio to open its trade form and start recording trades.
4. 4Manage every portfolio from All Portfolio — review metrics, edit, or delete.

Fields explained

The Trade Form is where the risk model does its work. Pick a symbol and enter your intended buy price, and the app calculates an ATR-based stop loss, a suggested quantity, and the exact dollar amount you’d put at risk — before you commit.

It supports both long and short trades, honours the brokerage fees you set in Settings, and lets you override the calculated stop with your own technical stop when you have a chart level in mind.

Saved trades stay under Open Trades until you record an exit price and date, at which point they become closed trades with a realised profit/loss and an R-multiple.

Once you pick a symbol the form also shows its JBL Score and key details, so you can sanity-check what you are about to buy without leaving the page. The ticker links through to the full symbol page if you want the chart.

You can switch the trade’s numbers between a table and a chart. The chart plots the same rows the table shows — ATR, support and rejection levels, and your current stop — so the two views cannot disagree with each other.

Step by step

1. 1Open a portfolio from the Dashboard to load its trade form.
2. 2Search for and select the symbol and its exchange.
3. 3Check the JBL Score that appears for the symbol — click the ticker for the full page.
4. 4Choose Long or Short and enter your buy price and buy date.
5. 5Review the calculated stop loss, suggested quantity, and capital at risk.
6. 6Switch to the chart view to see your ATR, support and rejection levels plotted.
7. 7Optionally set a technical (manual) stop or a profit target.
8. 8Save. The trade appears in Open Trades; record an exit later to close it.

Fields explained

Capital Management shows how your capital is deployed. Pick a portfolio and see its positions alongside the portfolio table, so you can tell at a glance how much is committed versus available.

You can filter by position to focus on a single holding, which is handy when planning whether you have room to add a new trade without breaching your risk rules.

Step by step

1. 1Open Capital Management from the sidebar.
2. 2Select a portfolio from the dropdown.
3. 3Use the position filter to view all positions or drill into one.
4. 4Compare allocated capital against your portfolio’s starting capital.

Trading Summary is the analytics hub. Choose a portfolio and toggle between Open Trades and Closed Trades. The built-in Risk Manager recomputes your statistics from the underlying trade data every time.

For closed trades it derives each trade’s R-multiple and rolls them up, and tracks maximum and average drawdown in both dollars and percentage terms. Performance charts and the portfolio visualiser turn that data into a picture of how the strategy is behaving.

It also carries the two Van Tharp performance measures at the heart of the risk model: trade expectancy — what an average trade returns in dollars — and SQN, the System Quality Number, which weighs your average R against how much it varies. Between them they answer a question a profit figure cannot: is this system actually working, or did one trade carry the year?

The currency shown is inferred from the portfolio’s default exchange, so ASX portfolios read in AUD, US portfolios in USD, and so on.

Step by step

1. 1Open Trading Summary from the sidebar.
2. 2Select a portfolio (the first is chosen automatically).
3. 3Toggle Open Trades / Closed Trades to switch the table and stats.
4. 4Close an open trade by recording its exit price and date.
5. 5Review R-multiple, drawdown, and the performance charts.

Fields explained

Global Markets is a top-down market dashboard. It’s organised into tabs so you can move from the big picture down to individual instruments.

Star any symbol to add it to your Watchlist, which collects your favourites with live data in one place. Favourites persist across sessions.

The instrument tables — Watchlist, ETFs, Equities, Commodities and Crypto — carry a JBL Score badge per row, and every ticker links to its symbol page. Each of those tables also has a Download as Excel button.

Step by step

1. 1Open Global Markets from the sidebar.
2. 2Move through the tabs: Countries, Asset Classes, Sectors, Portfolio Models, Markets, Watchlist.
3. 3Star a symbol to add it to your Watchlist.
4. 4Click a ticker to open its symbol page, or read the score badge in place.
5. 5Open the Watchlist tab to track all your favourites together.

Fields explained

JBL Risk Manager has always shipped with price data for the major world markets rather than expecting you to buy a separate feed, and that holds here. You can record trades and pull prices across North America, Asia-Pacific, Europe, South America and Korea.

Each portfolio carries a default exchange. That choice does more than filter symbols — it sets the currency used for that portfolio throughout the app, so an ASX portfolio reads in AUD and a NASDAQ portfolio in USD without you converting anything.

Symbols outside your default exchange use the market suffix shown below (BHP.AX for the ASX, VOD.L for London), which is also how they appear in the search box and on the symbol page.

Step by step

1. 1Set a portfolio’s default exchange when you create it, on the Dashboard.
2. 2Search a symbol in the Trade Form — pick the exchange alongside the ticker.
3. 3Use Global Markets for a top-down view across countries, sectors and asset classes.
4. 4Open any ticker to see its chart, ATR, ADX and JBL Score.

Fields explained

If you manage money for other people, you can upgrade your account to a broker account and create client sub-accounts underneath it. The Clients page lists them with their portfolio counts, and each row expands to show that client’s portfolios.

You can add clients one at a time, or bring a list in by CSV. The import checks the whole file before it writes anything: you get a per-row report with line numbers and reasons, and only if every row is valid does it apply. It is all-or-nothing on purpose — a half-created client list, with no clear record of which half, is the outcome worth preventing.

Client accounts are created with a random password and must-reset flag, so there is no shared or guessable secret. There is currently no invite email, so a client cannot sign in until someone sets their password out of band.

Step by step

1. 1Open Clients from the sidebar and upgrade to a broker account if prompted.
2. 2Click Add client for a single account, or Import CSV for a list.
3. 3For CSV, use the header: email, userName, firstName, lastName, portfolioName, capital.
4. 4Review the validation report — fix any flagged rows and re-upload.
5. 5Confirm the import, then expand any client to see their portfolios.

Fields explained

Notes let you record why you took a trade, what you’re watching, or lessons learned. Notes are scoped to a portfolio (and can be tied to a specific trade), so each strategy keeps its own journal.

Step by step

1. 1Open a portfolio and find the Notes panel.
2. 2Type an observation, rationale, or reminder.
3. 3Notes are saved and persist across sessions.

Every data screen has a Download as Excel button: the Screener, Market Movers, ETFs, Commodities, Crypto, your Watchlist, Open Trades, Closed Trades and Clients.

The file contains the full filtered set — every page, not just the rows on screen — and the columns match what the table shows, with the same values, rather than the raw fields underneath. Open and closed trades export different columns, because they are different tables.

Step by step

1. 1Filter or search the table until it shows what you want.
2. 2Click Download as Excel.
3. 3Open the .csv in Excel, Numbers or Sheets.

Settings is where you calibrate the engine. Everything here feeds the calculations on the Trade Form and Trading Summary, so it’s worth setting up before you record real trades.

Settings are split by asset type — switch between Equity and Crypto — because fees and rules often differ. Within brokerage you configure long and short trades separately.

Step by step

1. 1Open Settings from the sidebar (OTHERS → Settings).
2. 2Choose the asset type: Equity or Crypto.
3. 3Set brokerage fees for Long Trades and Short Trades.
4. 4Tune the ATR term (Short / Medium / Long) and its table.
5. 5Adjust money-management rules (trade size %, max risk %, stop %).
6. 6Use Default Settings to restore the recommended configuration.

Fields explained

Toggle Dark Mode from the sidebar. Your choice is remembered across sessions and applied before the page paints, so it survives a reload and a direct link without a flash of the light theme. If you have never chosen, the app follows your operating system.

Manage your account from the profile link in the sidebar footer, and log out from the sidebar at any time.

Step by step

1. 1Toggle Dark Mode in the sidebar (OTHERS section).
2. 2Open your profile from the sidebar footer to manage account details.
3. 3Collapse the sidebar with the chevron to get more screen space.
4. 4Log out from the sidebar when you’re done.