A position size calculator for traders: plug in your account balance, the percent you're willing to risk, and your stop loss — get the right lot size for any forex pair, gold, silver, indices, or crypto. Free, no signup, and embeddable on your own site.
Lot size
0.50
$ at risk
$100.00
SL in pips
20.0
Equivalent units: 50,000 · Pip value: $10/lot
Copy this and paste it anywhere. The widget is mobile-friendly and runs entirely in the browser.
<iframe src="https://tradejournalpro.net/embed/sizer" width="100%" height="540" style="border:0;background:transparent" loading="lazy" title="Position Size Calculator"> </iframe>
We compute pip value per standard lot for the pair you selected, then divide your $ risk by (SL pips × pip value). The result is the lot size that — if SL hits — costs exactly your risk %.
Wrong lot size is the #1 reason traders blow accounts. A 1% risk on EUR/USD ≠ 1% risk on XAUUSD — different pip values mean different lot sizes for the same dollar risk.
Lot size = money at risk ÷ (stop loss in pips × pip value per lot). The money at risk is your balance times your risk percentage, so the only number that changes trade to trade is the stop.
Gold is where most sizing mistakes happen: a $10 stop on a 0.10 lot already risks $100. In our study of Telegram gold signals the typical stop was about $11, so size every trade to its stop. More on this in the pips and lots guide and the risk management docs. To check a whole signal at once, stop, targets and lot size, paste it into the signal checker.
Lot size = money at risk ÷ (stop loss in pips × pip value per lot). With a $5,000 account, 1% risk is $50; a 25-pip stop on EUR/USD, where one lot is worth $10 a pip, gives 50 ÷ (25 × 10) = 0.20 lots.
This calculator uses $0.10 per pip on gold, the unit most gold signals use, so one standard lot (100 oz) moves $10 per pip. A $10 stop is 100 pips. If your broker counts gold in points ($0.01), divide its number by 10, or switch the calculator to entry and stop prices.
It depends on your stop, not the account alone. Risking 1% ($50) with a $10 gold stop gives 0.05 lots; with a $5 stop it gives 0.10 lots. Size to the stop each time rather than using a fixed lot.