POSITION SIZE CALCULATOR
In Forex trading, effective risk management is the key to long-term success.
The free Position Sizing Calculator, brought to you by City Traders Imperium, is a tool we’ve built to help you optimize your trade sizes based on your account balance and risk tolerance.
Say goodbye to guesswork and emotional decision-making – with this tool, you’ll have access to accurate, calculated trade sizes based on your unique risk profile.
How to Use the Position Size Calculator
Here’s a breakdown of each field to input:
Instrument (EUR/USD): This is the currency pair you intend to trade.
Deposit Currency: This is the currency in which your trading account is denominated.
Stop Loss (pips): The amount of pips you are willing to lose on a trade if it goes against you.
Account Balance: The current total balance of your trading account.
EUR/USD 1 Pip Size: This is the monetary value of a single pip move in the EUR/USD pair based on your position size. This value changes depending on the lot size you are trading.
Risk Amount (%) USD: This is the percentage of your account balance you are comfortable risking on this trade.
Contract Size (units per lot): This refers to how many units of the currency pair you are trading in one lot. For forex, a standard lot is typically 100,000 units of the base currency.
After entering all the necessary data, press the Calculate button.
The Position Size Calculator will instantly provide you with a suggested position size for your trade, taking into account your specific risk parameters and trade setup.
Using the calculator can help you maintain consistent risk management across all your trades.
Based on your unique risk tolerance, you can avoid overexposing your account to potential losses and ensure you’re always trading within your means.
Explore More Free Resources
Our Position Size Calculator is just one example of the powerful free tools and resources we offer.
Explore our website to discover educational materials, expert insights, and innovative trading technologies designed to support your Forex trading.