Free Position Size Calculator

Risk management is the most important aspect of your trading strategy. As a forex trader, you have to understand that losing is part of the process. However, your losses should not break you. This is why choosing the correct lot size for your trade is so crucial. 
Use the position size calculator to determine a proper lot size for your trade, based on your risk management plan. Simply enter your risk percentage, your stop loss in pips, adjust the currency and currency pair, and calculate your position size!

Lot Size and Risk Management Resources: 

FREE Forex Lot Size Calculator: How to use the Right Lot Size for your Trades!

TraderNick shares how you can use this free position size calculator to find the right lot size for your trades!

Forex Trading: What Lot Size Should you Use? Risk Management Guide

The Ultimate Guide to Risk Management Mastery in Forex Trading

Trading Gold & USD Before NFP

Gold is up nearly half a percent today while USD down a third of one as of 10:18 am EST. As we wait for the upcoming and looming NFP numbers this Friday, we can assess the economic data we already have. EdgeFinder Analysis The stock market sighed in relief after the debt ceiling bill finally […]

Read More
Can The Dollar Break This Pivotal Level?

The dollar flew higher last week as a result of resilient economic news along with a higher PCE than expected. Now the DXY has reached a decision point in price action. This week's NFP will help determine the sentiment around the potential June rate hike. Here is what we are looking at: EdgeFinder Analysis USDCAD […]

Read More
Dovish Banks Could Crash These Currencies

Considerably dovish news from central banks in the US and New Zealand has caused a major stir in the markets. Governor Orr and Vice Chairman Powell both released some reassuring news for the economy in the long term. But what does this mean for USD and NZD? EdgeFinder Analysis GBPNZD is a pair that should […]

Read More
Home
Edgefinder
VIP
Menu
homesmartphonelaptop-phonemenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram