As a forex trader, sometimes you have to make some calculations. One of the most important thing that you have to calculate is the position size.

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To follow the money management rules, you have to know how much risk you are taking in each position, and to do that, you should be able to calculate your position size based on your account balance and the trade stop loss size. The below calculator makes the work much easier and faster.

Please also read my money management article to learn more about this important topic: Use the below calculator to know how much money each pip makes for you while trading different currency pairs: Use the below calculator to know how much margin is required for each position: Swap , Rollover or Interest Calculator: Use the below calculator to know how much swap you have to pay or you will receive for trading different currency pairs: Use the below calculator to know how much money you will make trading different currency pair: Hi Chris, thank you for these calculators.

I have introduced myself to Forex world just 2 months ago and I am hooked.

I have heard about people blowing up their accounts so I am keeping a strong tab on risk management even on my demo account. Thats a very SMALL position to open.

So novice traders will be trading very small lot sizes until their account has grown substantially. Chris, these calculators are invaluable as I see it. Thank you very much for providing them. Could this be a problem with my browser or is it the calculator? It should be the calculator problem because it has not been updated for such a long time. We will have to fix it. The Position Size Calculator and the Pip Value Calculator are tremendous Forex trading tools.

I think you are the only Forex website that offers Forex calculators of this quality and that have such ease of use.

You have made is very easy to create a successful Forex Money Management system! Chris this is just amazing… what inspires to do this great website?

It depends on the position size you take. Could you please explain how margine is calculated when USD is the base currency. It is explained here: When you go short, you actually borrow units and sell assuming you can buy it when prices are low. Chris, good day to you and I will always thank you for this services you are providing for free to so many people here.

I was using the pip value calculator and comparing its results to what I have been having on my live trade account and they are not matching.

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The pip value from the trade account appears to be 10 times less than what the pip value calculator is giving. Could this be a little error from the calculator? Thanks Chris and remain blessed. Could you please share a screenshot of the platform terminal when you have a one lot open position? Hi Chris, I get confused with leverage and lot size although I have studies the leverage website and money management website for few time.

The amount money I paid for buying with leverage, Hey Chris, your blog is the best. Do you think is it possibile to begin with bucks? Your answer is here: Hi Chris, thank for answering me. I was thinking to open an account with a market maker, earn or bucks, and then open a ECN account.

Do you think is it a bad idea? I hope it too. Is bucks enough to open an ECN account? Wouuld you mind sharing the formula to calculate profit here?

I have found one but the result was different than your profit calculator.

It is very easy. You just calculate the pip value and multiply it to the number of pips you have made.

Your position size calculator is correct. Sir, Thank you for guiding us with different strategies of trading. It would be of great help if you add all the pairs in the profit calculator tool. Speaking about lot sizes, 9. Hi i have an a demo account through mt4 and two accounts one for me and one for my brother. His is is through metaquotes and mine is through mb trading.

Is this normal and if so what could cause this discrepancy. As I see, every week there is an extra candlestick on the first chart. That extra candlestick is related to Sunday afternoon and it is because of the daily candlestick close time which is not properly set on the first platform.

Thanks I was thinking the broker was manipulating the price some how, im pretty sure mbtrading is one of the rare ecn brokers that take us citizen but im still doing home work on it as i demo trade.

Hope you understand what I mean here and appreciate your kindness and may God Bless You and Your Team. Having an EA like this will be very helpful to us. Can you add the option of entering the stop-loss value to the calculator so that we can have an exact value of our stop loss?

Therefore, you should already know where you will place the stop loss. I just want to have all the data available in the calculator otherwise there is no problem with it. But how can 0. Is there an easier calculator to know the size of the posiion I need to take?

When the second decimal is 5 or greater, you add one unit to the first decimal. When the second decimal is below 5, you just omit it. Hello Chris, How r u first of all? I have found another question in my mind that I need to ask u. But now I am confused that why there is shown the different position size of one currency pair.

Forex Calculators - Position Size, Pip Value, Margin, Swap and Profit Calculator

Maybe that is more accurate than our calculator. What do I do in this situation? For my understanding, please kindly correcting me. Get Our New E-Books For Free. Forex Calculators — Position Size, Pip Value, Margin, Swap and Profit Calculator By: Money Management Last Updated: Enter Your Email Address and Check Your Inbox: LEARN A PROVEN BUSINESS PLAN. March 28, at 3: June 29, at December 11, at 5: December 12, at 8: December 12, at December 28, at 7: January 22, at 3: February 6, at February 7, at February 16, at 7: February 17, at 6: February 19, at February 22, at 7: February 24, at 6: February 28, at 1: March 1, at 5: March 29, at March 29, at 3: April 3, at 2: April 3, at 3: April 3, at 4: April 4, at 5: April 4, at 3: April 7, at 5: April 8, at 1: May 4, at 8: May 5, at 5: May 18, at 3: May 19, at 3: May 20, at 9: May 20, at 2: May 21, at June 17, at 4: June 22, at 2: June 23, at 5: July 28, at July 29, at 2: August 2, at 3: August 2, at August 4, at 2: August 4, at 1: August 10, at 4: August 10, at 8: August 10, at 2: August 11, at 4: August 12, at 2: August 12, at August 19, at 7: August 21, at 2: Md Shafiqul Islam says: October 2, at 4: October 3, at 9: October 4, at October 6, at 8: October 5, at 2: October 11, at 5: October 12, at 3: October 14, at 7: November 30, at 7: March 26, at The Easiest Way to Get Rich Fast.

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