Position Size Calculator
Find the exact lot size for any trade from your balance, risk and stop loss.
Contract 100,000 · 1 pip = 0.0001
Position sizing questions
How is position size calculated?
Risk amount is your account balance multiplied by your risk percentage. Position size equals that risk amount divided by the stop-loss distance multiplied by the value of one point of price movement per unit traded.
How much should I risk per trade?
Most professional traders risk between 0.5% and 2% of account equity per trade. Prop firm rules often force a tighter limit, since a single daily-loss breach can end the account.
What is a pip worth?
For a standard lot (100,000 units) of a pair quoted in USD, one pip is worth about $10. For a mini lot it is $1 and for a micro lot $0.10. Pairs quoted in another currency need a conversion rate.
Does the calculator work for indices, gold and crypto?
Yes. Pick the instrument from the dropdown, or choose Custom and enter the contract size and pip/tick size for your specific instrument.
Track whether the risk actually paid off
Norviq journals every trade, verifies your broker account and ranks you against real traders.