Free Tool

Position Size Calculator

Calculate the exact lot size for any trade based on your account size, risk percentage, and stop loss distance. Built for prop traders.

Instrument Type
Account & Risk

Recommended: 0.5-2% for prop accounts

Stop Loss

$10 for standard lot EUR/USD, $1 for mini

Position Size

4.00 lots

Risk: $1,000 per trade (1%)

Standard Lots

4.00

100,000 units

Mini Lots

40.0

10,000 units

Micro Lots

400

1,000 units

Prop Firm Safety Check

10% Max Drawdown

10 losses

consecutive losing trades before breach

5% Daily Limit

5 losses

consecutive losing trades before daily breach

Formula

Position Size = (Account x Risk%) / (Stop Loss Pips x Pip Value)

= ($100,000 x 1%) / (25 x $10) = 4.00 lots

Auto-calculate position sizes in your journal

PropJournal calculates position sizes based on your specific prop firm rules and remaining drawdown. Never over-leverage again.

How to Use This Position Size Calculator

Enter your account size, the percentage you want to risk on a single trade, and your planned stop loss distance in pips (forex) or ticks (futures). The calculator instantly shows you the exact lot size or number of contracts to trade.

Why Position Sizing Matters for Prop Traders

Over-leveraging is the number one reason traders fail prop firm challenges. By calculating the correct position size before every trade, you ensure that no single loss can consume too much of your drawdown allowance. Professional prop traders risk between 0.5% and 2% per trade — this calculator makes it easy to stay within those limits.