Forex101 Position Size Calculator
One of the most important tools in a trader's bag is risk management.
Proper position sizing is key to managing risk and to avoid blowing your account consecutively or on a single trade.
With a few simple inputs, our position size calculator will help you find the approximate amount of currency units to buy or sell to control your maximum risk per position.
To use the position size calculator, enter the currency pair you are trading, your account size, and the percentage of your account you wish to risk. Our position sizing calculator will suggest position sizes based on the information you provide.
Forex101 recommends risking no more than 1-2% of your total capital per trade.
For more insight into how much capital to start with, visit our blog here:
How Much Money Do I Need To Start Trading