This page includes two calculators: one for standard forex pairs (pip-based), and one dedicated to Gold (XAUUSD) (dollar-move based). Both tools are designed to help you size positions based on risk, not emotion.
- Use the Forex calculator for pairs where your stop loss is measured in pips.
- Use the Gold (XAUUSD) calculator when your stop is measured in dollars.
- Most traders risk 1–2% per trade; up to 3% is aggressive and increases drawdown risk.
Forex Lot Size Calculator (Pips-Based)
Enter your account balance, risk percentage, stop loss in pips, and the pip value for 1.00 lot. The default pip value (10) is a common estimate for many major USD-quoted pairs, but you should confirm the exact value on your platform.
Forex Lot Size Calculator
Enter your balance, risk %, and stop loss in pips. The calculator estimates a lot size that keeps your loss within your plan.
Disclaimer: Educational use only. Always confirm pip value with your trading platform or broker.
Gold Lot Size Calculator (XAUUSD, $-Move Based)
Gold sizing varies by broker because contract specifications and tick values differ. This calculator estimates your XAUUSD lot size using your risk %, stop distance (in dollars), and a configurable $ value per $1 move for 1.00 lot. Confirm the exact contract size and tick value on your platform.
Gold (XAUUSD) Lot Size Calculator
Enter your balance, risk %, and stop loss distance in dollars. Adjust the value per $1 move if your broker uses different specs.
Disclaimer: XAUUSD contract specs vary by broker. Confirm tick value and contract size on your platform.
How to Use These Tools Safely
Most traders keep risk between 1% and 2% per trade. If you’re more aggressive, you may use up to 3%, but that increases the chance of drawdowns and emotional decisions. A simple rule that helps: if a single loss can ruin your mood for the day, your risk is probably too high.
Start with 1% while you build consistency. As your execution improves, you can adjust — but protect your account first.
Frequently Asked Questions
What is a lot in forex trading?
A lot is the size of your trading position. It determines how much money you gain or lose for each pip movement.
What risk percentage should I use per trade?
Many disciplined traders use 1–2% risk per trade. Up to 3% is aggressive and can increase drawdowns, especially during losing streaks.
Is this calculator accurate?
The math is accurate when your pip value (or gold contract value) is correct. Since brokers may use different specifications, always confirm values on your trading platform.
Why is gold (XAUUSD) calculated differently?
Gold often behaves differently than forex pairs, and contract/tick specifications vary by broker. That’s why this page uses a $-move based approach for XAUUSD.
Related Guide
For a full explanation with examples and common mistakes, read: Forex Trading Lot Size Explained (With Risk Calculator).
If you want a real story of how lot size mistakes can spiral, here’s my experience: Gold Lot Size Trading Mistake.
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