GinoFXHow many lots should you take?
Every instrument has a different contract size, so the same stop in points is a different amount of money on gold than on silver. Put in your balance and the trade; this works out the size.
Pre-filled with the standard size. Check it against your broker's contract specification and change it if yours differs.
Position size
—
lots
Risk budget—
Stop distance—
Value per lot—
Actual risk at this size—
Enter a trade to see the size.
This works out position size from the numbers you enter. It is not advice on whether to take the trade, and it cannot see your broker's actual contract specification — check that the size above matches yours before you place anything.