Trading Tools
Free calculators to help you size positions correctly and evaluate risk/reward before every trade.
Calculators
Position Size Calculator
Calculate the correct lot size based on your account balance and risk percentage. Results update automatically as you type.
Pip values are approximate for standard lots (100,000 units). Actual values vary with current exchange rates.
Risk / Reward Calculator
Enter your entry, stop loss, and take profit levels to instantly calculate the R:R ratio and pip distances for your setup.
For JPY pairs (4-digit quotes), multiply pip counts by 100. Pip counts assume 5-digit pricing.
Live Market Data
My Broker
I use Dukascopy Bank as my broker and trade on the JForex platform. All trades documented on this site are executed through this setup. More information about Dukascopy is available here.