Trading calculators
Seven free calculators for trading forex, gold, indices and futures. Each one shows the working behind its answer, so you can check it by hand. No signup.
- Risk rewardRisk/reward ratio, planned R and the win rate you need to break even
- Position sizeLots, units or contracts to risk a set amount at your stop
- Pip valueWhat one pip is worth on any forex pair, in your account currency
- ProfitProfit or loss in pips, ticks and money from entry, exit and size
- MarginThe margin your broker holds to open the trade, from size, price and leverage
- Risk of ruinThe chance of losing a set % of your account, from win rate and risk per trade
- CompoundingWhat a balance grows to at a steady return per month, week or trade
Which calculator do I need?
Use the risk reward calculator to check a setup is worth taking, then the position size calculator to size it so a stop-out loses what you planned. The pip calculator tells you what each pip is worth, and the profit calculator tells you what the trade made or lost. The margin calculator tells you how much your broker holds while the trade is open. Risk of ruin and compounding look at the whole account: the chance of a large drawdown, and what a steady return adds up to.
Do they work for gold, indices and futures?
The position size, profit and margin calculators cover forex, gold, US30, NAS100 and futures. The pip calculator is for forex pairs only. The risk reward calculator works on any price, and the risk of ruin and compounding calculators work in percentages, so they fit any market.
Do I need an account?
No. Every calculator is free and works without signing up.
Do the calculators match the journal?
Yes. The profit calculator works out P&L the same way the journal does, and the risk reward calculator shows the planned R and break-even win rate that the journal’s trade ticket shows.
Log the trade once it’s sized
The free journal keeps every trade with its plan, its result and the stats behind it, worked out in your browser. No signup.
Start your journalFree, no signup. Your data lives on this device. Move it between devices with a backup file.