Position Size Calculator
The Position Size Calculator helps you determine how much of a currency pair you should trade based on your account size and risk appetite. It’s the first step in building a solid risk management foundation.
- What it is: Calculates the ideal trade size in lots based on your risk percentage, account balance, and stop-loss level.
- Why it’s important: Prevents overexposure and ensures consistent risk per trade, which is vital for long-term profitability.
- How it works: You enter your account balance, how much of it you’re willing to risk (usually 1-2%), and your stop-loss in pips. The tool then outputs the optimal lot size.
How it helps you: Keeps your trading capital safe by ensuring you never risk more than you can afford to lose.