Free trading tools

Position size calculator

Enter your account, risk and stop. Get the exact number of contracts, lots or shares, rounded the safe way.

Your trade

How to size a trade

Decide how much of your account you're willing to lose if the stop is hit (most traders use 0.5% to 2%). Divide that by what one contract loses at your stop. Round down, never up.

Example: $10,000 account, 1% risk = $100. A 20-point stop on MNQ costs $40 per contract, so you can trade 2 MNQ ($80 risk). On NQ the same stop costs $400, so NQ is too big for that account.

Quick answers

How do I calculate position size?

Divide the dollars you're willing to lose (account × risk %) by what one contract or lot loses at your stop. Round down.

How much is one point on NQ, MNQ, ES and MES?

NQ is $20 per point, MNQ $2, ES $50, MES $5. YM is $5 per point and MYM $0.50.

What risk per trade should I use?

Many traders risk 0.5% to 2% of their account per trade, so a losing streak doesn't wipe them out.

Tools help. A process wins.

The free course teaches price action, risk, entries and exits, in order. Six PDF cheat sheets come with it. No card. Then watch me trade it live.

For education only, not financial advice. Check contract specs with your broker; trading involves substantial risk of loss.