What is Position Size Calculator used for?

Position Size Calculator works out trade size, risk-reward and projected P&L from your balance, risk percentage, entry and stop-loss for crypto and stocks. It is a good fit for sizing a crypto trade to a fixed risk, checking risk-reward before entering a stock trade and comparing several take-profit levels.

Is Position Size Calculator free?

Yes. Position Size Calculator has a free plan.

Is Position Size Calculator open source?

No. Position Size Calculator is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Portfolio Performance, Rotki and BTCPay Server.

What are some alternatives to Position Size Calculator?

Other SaaS products in the Finance & Accounting category include ChartPilot, Alphalog and ChartsGPT.

Position Size Calculator: features, pricing and alternatives

About Position Size Calculator

The calculator takes an account balance, the percentage you are willing to risk, an entry price and a stop-loss, and returns the position size, risk-reward and projected profit and loss before you place a trade. The formula is position size equals balance times risk percent divided by the distance between entry and stop, and it covers both long and short trades for crypto pairs and stocks.

You can add up to five take-profit targets, each closing a share of the position, to get a blended risk-reward ratio and projected P&L for the whole trade. The page includes a worked example and explanations of each term, such as deposit, risk percent, stop-loss, take-profit and risk-reward ratio.

Calculations run in the browser and nothing is sent anywhere. The tool is also available as iOS and Android apps and a Chrome extension. It is a calculator for planning, not financial advice, and no pricing is stated in the available text.

Key features

Position size from balance, risk and stop
Long and short trade support
Risk-reward ratio calculation
Projected profit and loss
Up to five take-profit targets
Calculation done in the browser
iOS, Android and Chrome versions

Good fit for

Sizing a crypto trade to a fixed risk
Checking risk-reward before entering a stock trade
Comparing several take-profit levels

Tags: trading; position-sizing; risk-management; calculator; crypto; stocks; risk-reward

Position Size Calculator: questions and answers

What is Position Size Calculator used for?: Position Size Calculator works out trade size, risk-reward and projected P&L from your balance, risk percentage, entry and stop-loss for crypto and stocks. It is a good fit for sizing a crypto trade to a fixed risk, checking risk-reward before entering a stock trade and comparing several take-profit levels.
Is Position Size Calculator free?: Yes. Position Size Calculator has a free plan.
Is Position Size Calculator open source?: No. Position Size Calculator is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Portfolio Performance, Rotki and BTCPay Server.
What are some alternatives to Position Size Calculator?: Other SaaS products in the Finance & Accounting category include ChartPilot, Alphalog and ChartsGPT.