How I Use It
Size should come from risk, not confidence.
This calculator is a simple pre-trade check. I want the loss defined first, then the size. That keeps one trade from becoming bigger than the plan.
Free Trading Calculator
Position Sizing Calculator
Work out trade size from account risk, entry price, and stop-loss distance before the trade starts.
Desk Rule
Risk first. Size second.
Position size = account risk divided by stop-loss distance.
Free Toolkit
Want this in spreadsheet form?
The Intraday Trader Discipline Toolkit includes the Excel journal, risk calculator, dashboard, setup library, and printable checklists in one download.