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Forex Vs Stocks Top Differences & How to Trade Them; Determine Position Size for a Trade The ideal position size can be calculated using the formula Pips at risk * pip value * lots traded = amount at risk In the above formula, the position size is the number of lots traded Let's assume you have a $10,000 account and you risk 1% of your account on each tradeThe results The Position Size and Risk Calculator uses a market price live feed with the current interbank rate (in a 5digit format) and it will display the selected currency pair price (in our example the USD/CAD price) In this case, using a stop loss of 100 pips and risking 2% of our account equity, the recommended lot size would be 005 lot Myfxbook 2 May Results1 Free Online Forex Trading Course With Onlineforexmaster Binni Ong Myfxbook calculator position size