Position Calculator
Position Calculator
This tool will help you calculate your position size and risk percentage. The widget analyzes data automatically, which fully minimizes the probability of errors that can be made by manual calculation.
Instructions
To get the data, you should:
- Select assets. Enter the name manually, or select from asset groups
- Set Stop Loss
- Set the risk unit: in percent or currency
Let's choose the currency pair GBP/USD. Set a Stop Loss of 20 pips and define risk of 5%.
From these data, we get the calculation.
Remember, calculating position sizes correctly is your step toward following your trading strategy. Use the calculator each time you open a new position.