Pricemint Forex Position Size Calculator Review – The Pricemint Forex Position Size Calculator is a simple and straightforward tool that can be used to calculate the size of a position in a given currency pair. The calculator requires the user to input the account size, the currency pair being traded, the risk percentage, and the stop loss level. The calculator then calculates the size of the position based on the user’s input.
Position size is determined by the amount of money you are willing to risk on a single trade, as well as the stop loss level you have set. To calculate position size in forex, you need to first determine the amount of money you are willing to risk on a single trade. This is known as your risk tolerance and is typically expressed as a percentage of your total trading capital. Here’s how to use a position size calculator: