Work Out The Risk Before The Reward
Beginners usually ask what a trade could make. The more useful question — and the one that decides whether an account survives long enough to learn anything — is what it puts at risk, and what happens if the next few all lose.
🔒 Runs entirely in your browser. Nothing is sent anywhere.Questions people ask
How is position size worked out?
Two steps. First, the amount at risk: account balance × risk %. Second, the size: amount at risk ÷ risk per unit. In forex the risk per unit is your stop distance in pips multiplied by the pip value for the pair and lot size you are trading.
Why do I have to type in the pip value myself?
Because pip value genuinely varies — by pair, by lot size, and by the currency your account is held in. A calculator that guessed it would look more authoritative than it deserves to be. Your platform shows the real figure for the exact contract you are about to open; that number is the one to use, and it is worth re-checking whenever you switch pairs.
What percentage should I risk?
This tool will not tell you, and you should be sceptical of any free calculator that does — that is a recommendation dressed up as a default. What it will do is show you the consequence of whatever you choose, including what five losses in a row does to the account. Make the decision with that arithmetic in front of you.
Where is the profit calculator?
There isn't one, deliberately. Projecting profit from a win rate you have assumed is how beginners talk themselves into position sizes they cannot survive. Risk is the part you control; the return is not. Trading carries risk and losses are possible.