The Forex position size calculator is an important tool that will help you quickly and efficiently work out the required trade size that you need to put on taking into account your trades parameters. The calculator will give you your results in both units and lots and depending on whether you entered in a dollar amount or a percentage it will also tell you how much money or percentage of your account you are going to be risking in the trade.
This is your account currency that your account is trading in. Risk Ratio or Money: This is either how much money or what percent of your account you are risking. This is how many units you need to enter your new trade to keep in-line with the amount you put into the calculator inputs.
This is how many lots you need to enter your new trade to keep in-line with the amount you put into the calculator inputs. Johnathon Fox is a professional Forex and Futures trader who also acts as a mentor and coach to thousands of aspiring traders from countries right around the world. Johnathon specialises in helping traders transform their trading with high probability Price Action trading methods and correct money management strategies.
Hi Johnathon, thank you for this good artikel. I love all your posts. For my money management I use a position size indicator in mt4, where I can simply adjust the entry and the stop loss like a trend line and it automatically shows me the lot size, I have to trade. No manual calculation needed. Your email address will not be published. Notify me of followup comments via e-mail.
You can also subscribe without commenting. Comments Hi Johnathon, thank you for this good artikel. Best Regards from Germany Martin. Thanks for your comment, Johnathon. Hi John, Do you have a position size calculator for metals, indices, and oil? Keep an eye out.More...