PipDesk

Position Size Calculator

Position Sizing

Calculate the exact position size for your account balance, risk percentage, and stop loss distance.

Risk input mode

USD
%
pips
Live

Auto-filled from live rates. Edit it to match your broker's quote.

Position size

0.5 lots

Units

50,000

EURUSD

Dollar risk

$100.00

Pip value / standard lot

$10.00

Position size = (Account balance × Risk %) ÷ (Stop loss in pips × Pip value per standard lot). Increase your stop loss distance or lower your risk % to trade a smaller size.

How to use it

Using the Position Size Calculator in 4 steps

  1. 1Enter your account balance and choose whether to size by risk % or a fixed dollar amount.
  2. 2Enter the stop-loss distance in pips for the trade you're planning.
  3. 3Pick the currency pair and your account currency — the conversion rate auto-fills from live rates.
  4. 4Read off the recommended position size in lots, plus the equivalent in mini and micro lots.

Why it matters

What this does for your trading

  • Removes guesswork from sizing so every trade risks the same known percentage of your account.
  • Protects your account from oversized losses caused by "eyeballing" a lot size.
  • Keeps sizing consistent across pairs, even though pip values differ from one pair to the next.