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Free Risk calculator

Position Size Calculator

Calculate how much to buy based on your account size, risk tolerance, entry and stop-loss.

Free to use No sign-up Runs in your browser

Calculator

Position size
Amount at risk

For educational and informational purposes only — not financial, investment or tax advice. Results are estimates based on the figures you enter.

How the calculation flows

Account size Risk % Entry price Stop-loss
(Account × Risk %) ÷ (Entry − Stop)
Position size + exposure

The inputs you enter feed a fixed formula to produce the result. Change any input to see how sensitive the outcome is.

Conceptual diagram

Entry Stop-loss risk per unit = Entry − Stop Position size = (Account × Risk %) ÷ risk per unit
Illustrative: the gap between your entry and stop-loss is the risk per unit. A tighter stop means a smaller gap — and a larger allowable position for the same risk.

What the position size calculator does

The Position Size calculator tells you how large a trade to open so that, if your stop-loss is hit, you lose only a pre-set fraction of your account. It turns risk management from a vague intention into a number, and it is arguably the single most useful habit a new trader can build.

How it works

You decide the most you are willing to lose on one trade (your risk), and the distance between your entry and your stop-loss (your risk per unit). Dividing one by the other gives the largest position that respects your limit.

Position size = (Account × Risk %) ÷ |Entry − Stop-loss|

Worked example

Illustrative example — your figures will differ

A $10,000 account risking 2% per trade, entering at $100 with a stop at $90 (the calculator’s defaults).

  • Most you’ll lose if stopped out: 2% × $10,000 = $200
  • Risk per unit: $100 − $90 = $10
  • Position size: $200 ÷ $10 = 20 units, a $2,000 position
A $200 risk budget controls a $2,000 position (illustrative)
Account$10,000
Position$2,000
At risk$200

A tighter stop allows a larger position

For the same $200 risk budget, the closer your stop sits to your entry, the more units you can hold — and the more a sudden move stings if the stop is too tight to survive normal noise.

Entry → Stop Risk / unit Units Position size
$100 → $98 $2 100 $10,000
$100 → $95 $5 40 $4,000
$100 → $90 $10 20 $2,000
$100 → $80 $20 10 $1,000

How to use it

  1. Enter your account size and the risk per trade you are comfortable with (1–2% is a common starting point).
  2. Enter your planned entry and stop-loss prices.
  3. Read the position size and the amount at risk, then place the stop where it belongs technically — not where it gives you a bigger position.

Limits to keep in mind

  • Slippage and gaps can fill your stop worse than planned, so real losses may exceed the budget.
  • It sizes a single trade; managing risk across correlated positions is a separate discipline.
  • Leverage multiplies both the position and the speed at which a stop is hit.

Related reading

For education only — not financial or investment advice. Sizing a trade does not remove the risk of loss.