Turn account size, risk percentage and stop distance into an exact lot size.
Same math, automated: live prices, your account balance and risk rules — plus a prop-firm limit check before you click buy.
The 12 checks to run before every entry — position size, stop logic, correlation and news windows.
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Lots = (Balance × Risk%) / (Stop in pips × Pip value per lot)Most professional risk frameworks stay between 0.25% and 1% of equity per trade. Above 2% a normal losing streak of eight trades already produces a drawdown that is psychologically hard to trade out of.
Contract sizes differ per instrument and per broker. Gold is often 100 ounces per lot, indices are quoted in points rather than pips. Always cross-check the pip value field with your broker's specification sheet.
Educational tool only. No investment advice. Verify every number against your broker's contract specifications before trading.