Risk & position sizing
Work backwards from accepted risk and a fixed size to the stop distance that fits.
Work backwards from accepted risk and a fixed size to the stop distance that fits. The page states the equation, the units it expects and the rounding it applies, so the result can be reproduced by hand.
A calculator gives you a number. This one feeds the next: account to risk, risk to position size, position size to the trade, and the trade to expectancy, drawdown and risk of ruin.
See the performance tools →