Position Size Calculator
The Position Size Calculator is a key tool for Risk Management.
It will suggest a position size respective of variables such as account currency, account size, stop loss level and risk percentage.
How to use the Position Size calculator:
- Select the base currency of your trading account.
- Enter your account size (i.e 10,000 if you have this amount available in your trading account balance).
- Enter the risk ratio percentage in whole number (i.e. 50). This is the percentage of the entered account size which you are willing to risk for this position size.
- On the Stop-Loss field, enter how many points away should your Stop-Loss be positioned at (i.e. 50).
- Select the instrument for which this calculation is made (i.e. EUR/USD).
- Enter the current ask price of the instrument from your trading platform.
- Press the Calculate button.
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