Position Sizing Calculator

Calculate optimal position sizes based on account size, risk tolerance, and stop-loss levels. Professional risk management tool for traders and investors.

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Risk Parameters

Risk Method

Price Levels

Position Size

Enter parameters to calculate position size

Risk Guidelines

Conservative (0.5-1%)
Preserve capital, steady growth
Moderate (1-2%)
Balanced risk-reward approach
Aggressive (2-5%)
Higher returns, higher volatility
Dangerous (5%+)
High risk of significant losses

Position Sizing Tips

Keep detailed records to refine your position sizing strategy

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Understanding Position Sizing

Master the fundamentals of risk management and position sizing strategies

Position Sizing Formula

Basic Formula: Position Size = Risk Amount ÷ Risk per Share
Risk per Share: |Entry Price - Stop Loss Price|
This ensures you never risk more than your predetermined amount.

Risk Management

The 1% rule: Never risk more than 1% of your account on a single trade.
Diversification: Spread risk across multiple uncorrelated trades.
Proper risk management is more important than picking winners.

Kelly Criterion

Mathematical formula for optimal bet sizing based on win rate and risk-reward ratio.
Formula: f = (bp - q) / b
Most traders use fractional Kelly (25-50%) to reduce volatility.

Risk Scenarios Comparison

0.5% Risk

Ultra Safe
Capital preservation focused with minimal drawdown risk.
• 200 losing trades to lose account
• Very low volatility
• Slow but steady growth

1% Risk

Conservative
Professional standard with excellent risk control.
• 100 losing trades to lose account
• Low volatility
• Sustainable long-term growth

2% Risk

Moderate
Balanced approach between growth and preservation.
• 50 losing trades to lose account
• Moderate volatility
• Good growth potential

5% Risk

Aggressive
High risk approach with significant volatility.
• 20 losing trades to lose account
• High volatility
• Dangerous drawdown risk

Advanced Position Sizing Strategies

Professional techniques for optimizing position sizes based on market conditions

Fixed Fractional Method

Risk a fixed percentage of your account on every trade, regardless of setup or market conditions.

Advantages:

  • • Simple and consistent approach
  • • Automatically adjusts to account size
  • • Prevents position sizing errors
  • • Good for systematic trading

Volatility-Based Sizing

Adjust position size based on market volatility - smaller positions in volatile markets, larger in calm markets.

Implementation:

  • • Use ATR (Average True Range) as volatility measure
  • • Reduce size when VIX is elevated
  • • Increase size during low volatility periods
  • • Monitor correlation between positions

Confidence-Based Sizing

Scale position size based on your confidence in the trade setup and quality of signals.

Confidence Levels:

  • • A+ setup: 1.5-2x normal position
  • • A setup: Normal position size
  • • B setup: 0.5-0.75x normal position
  • • Avoid C setups entirely

Portfolio Heat Model

Monitor total portfolio risk across all open positions to prevent overexposure.

Heat Limits:

  • • Conservative: 4-6% total portfolio heat
  • • Moderate: 6-10% total portfolio heat
  • • Aggressive: 10-15% total portfolio heat
  • • Reduce new positions as heat increases

Frequently Asked Questions

Common questions about position sizing and risk management

Q
What is position sizing in trading?

Position sizing is determining how much capital to allocate to each trade based on your account size, risk tolerance, and stop-loss level. It's calculated as: Position Size = Risk Amount ÷ (Entry Price - Stop Loss Price).

Example:

Account: $10,000 | Risk: 2% ($200) | Entry: $50 | Stop: $48

Position Size: $200 ÷ ($50-$48) = 100 shares

Q
How much should I risk per trade?

Most professional traders risk 1-2% of their account per trade. This provides a good balance between growth potential and capital preservation.

Risk Levels:

• Conservative: 0.5-1%

• Moderate: 1-2%

• Aggressive: 2-5%

Losing Streaks:

• 1% risk: 100 losses = account gone

• 2% risk: 50 losses = account gone

• 5% risk: 20 losses = account gone

Q
What is the Kelly Criterion for position sizing?

The Kelly Criterion calculates optimal position size using win rate and average win/loss ratio: f = (bp - q) / b, where b = odds received, p = probability of winning, q = probability of losing.

Kelly Example:

Win rate: 60% | Avg win: $300 | Avg loss: $150

Kelly % = (0.6 × 300 - 0.4 × 150) ÷ 150 = 0.8 or 80%

Most traders use 25-50% of full Kelly to reduce volatility

Q
How do I calculate position size with stop loss?

Position Size = Risk Amount ÷ Risk Per Share. Risk Per Share = |Entry Price - Stop Loss Price|.

Step-by-Step Example:

1. Account size: $10,000

2. Risk tolerance: 2% = $200

3. Entry price: $50

4. Stop loss: $48

5. Risk per share: $50 - $48 = $2

6. Position size: $200 ÷ $2 = 100 shares

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Disclaimer: Calculators are for informational purposes only and not financial advice.