Position Size Calculator

Guessing your lot size based on "feeling" is the fastest way to blow an account. A fixed dollar risk requires a different lot size depending on your stop loss distance. A position size calculator guarantees you only risk exactly what you intend to, regardless of market volatility.

In forex, a standard lot is 100,000 units of currency, a mini lot is 10,000 units (0.1 lots), and a micro lot is 1,000 units (0.01 lots). The calculator automatically handles these conversions for you to provide the exact lot size.

Your stop loss should be placed based on technical analysis—such as below a swing low or support level—not based on an arbitrary pip amount. Once you find the technical stop loss, measure the distance in pips or points, and use the calculator to determine the lot size that fits your risk percentage.