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Position size calculator

Tell it how much you are willing to lose and where your stop is. It tells you how many lots to trade.

= $100.00

Trade this size

0.50 lots

= 50,000 EUR

Loss if the stop is hit
$100.00
Each pip at this size
$5.00

With a 20-pip stop on EURUSD, 0.50 lots loses $100.00 at the stop, which is 1% of your balance.

Rounded down to 0.01 lot steps. Your broker's smallest size may differ.

Estimates before costs: spread, commission and overnight swap are not included. Your broker's own figures always win.

Words used here

Risk per trade
The money you lose if the stop is hit, usually set as a % of the balance so it shrinks after losses and grows after wins.
Stop loss
The price where you close a losing trade. Its distance from the entry, in pips, decides the size.
Lot
The unit of trade size. 1.00 lot is 100,000 units of the first currency, 0.10 a mini lot, 0.01 a micro lot.

Questions

Questions traders ask

With your own trades

The same numbers, next to your open trades

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