All Tools
Position Size Calculator
Risk Amount
$100.00
Standard Lots
0.00
Position Units: 0
Powered by TradeWise EnginesReal-Time Data
Position Size Calculator
The most critical risk management tool. Determines exactly how many lots to buy/sell based on your stop loss.
How to use
Enter your account balance, risk percentage (e.g., 1%), and stop loss distance in pips. The tool tells you the exact lot size to open.
Common Questions
Why use a position size calculator?
It ensures you never risk more than you intend (e.g., 1% of your account) regardless of the stop loss distance.
What is the recommended risk?
Most professional traders recommend risking no more than 1-2% of your account capital per trade.
Does it support Micro Lots?
Yes, the calculator displays precise lot sizes, including mini (0.1) and micro (0.01) lots.
What happens if I change the Stop Loss?
If you widen your stop loss, your calculated lot size will decrease to keep the monetary risk the same.
Is the formula standard?
Yes, it uses the standard formula: Risk Amount / (Stop Loss * Pip Value).
Found this helpful?
Help your trading friends by sharing this guide.