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The Position Size Calculator will calculate the required position size based on your currency pair, risk level (either in terms of percentage or money) and the stop loss in pips.
Use our Profit Calculator to calculate your expected profit or loss in money and pips based on your entry and exit prices, lot size and trade direction.
When calculating the position size, you need to take into account multiple factors: trade sizing with your broker which may be a standard lots (100,000 units), mini lots (10,000 units) or micro lots (1,000 units).
Lot size and position size risk calculator to calculate the recommended units or lot size to risk, using live market quotes, account equity, risk percentage and stop loss.
You can easily calculate your position size using the Myfxbook Position Size Calculator. This powerful tool is designed to help you determine the optimal position size for your trades. You can find the calculator at Position Size Calculator | Myfxbook.
Calculate your exact profit or loss before entering a position and plan your trading plan accordingly. Using the forex profit calculator you can adjust your trade size or take profit and stop loss levels to increase or decrease potential gain or loss to match your trading plan.
Select your currency pair, account currency (deposit base currency) and margin (leverage) ratio, input your trade size (in units, 1 lot= 100,000 units) and click calculate. The calculator will use the current real-time prices for exact values.