Free Trading Tool
Position Size Calculator
Calculate the exact lot size for any trade based on your account size, risk tolerance, and stop loss distance.
Trade Parameters
Enter your trade details
Recommended Position Size
0.50 lots
50,000 units | 50 micro lots
Standard Lots
0.50
100,000 units each
Mini Lots
5.00
10,000 units each
Micro Lots
50
1,000 units each
Risk Analysis
Risk AssessmentConservative
Good risk management, sustainable for long-term trading
Amount at Risk$100.00
Pip Value$5.00/pip
Losing Streak Simulation
After 3 losses$9,702.99
After 5 losses$9,509.9
Consecutive losses to blow account100 trades
Position Sizing Best Practices
- • For prop firm challenges, keep risk at 0.5-1% per trade
- • Never risk more than 2% on a single trade, even if confident
- • Account for slippage - your actual loss may exceed your stop loss
- • Reduce position size during high-impact news events
- • If you're on a losing streak, reduce risk to 0.5% until you recover