Tools
Position size calculator
Decide what you are willing to lose first; let the position size fall out of the math. Sizing from conviction is how accounts die with one bad idea.
Capital at risk
500
Stop distance
3.00%
Position size (notional)
16,667
Implied leverage on account
0.3x
Formula: position = (account × risk%) ÷ stop distance. The output is the size at which hitting your stop loses exactly the capital you chose to risk. If the implied leverage looks aggressive, the honest fix is a wider account or tighter conviction, not a bigger position.