Journal
Under Review
Journal
Trading Journal
We are currently reviewing trading journal platforms and will only recommend one once we are confident it fits the KickStart trader development process.
Coming Soon
Free Trading Tool
Position Size Calculator
Calculate position size based on account balance, risk percentage or fixed money risk, stop-loss distance, asset type, and broker specifications.
Built for serious traders who want to plan risk before entering the market. Always verify contract specifications, pip values, point values, tick values, conversion rates, and margin requirements with your broker or trading platform before placing live trades.
Calculator
Plan the trade before you risk the money.
Risk input mode
For the most accurate result, use your broker’s exact pip value, point value, tick value, contract size, conversion rate, and account currency. Broker specifications can vary significantly.
Risk Management
Position sizing is not optional.
Many traders focus on entries first. Serious traders start with risk. Before you enter a trade, you should know how much you are risking, where you are wrong, and what position size fits the plan.
The basic formula
Position Size = Risk Amount ÷ (Stop Distance × Effective Unit Value)
The formula is simple, but the inputs matter. The value per pip, point, tick, or price move depends on the asset, contract size, account currency, and broker specification.
Recommended Trader Resources
Tools we use, recommend, or are reviewing.
Position sizing is only one part of the process. Strong traders also need clean charting, journaling, execution, risk control, and structured education.
Charting
TradingView
Professional charting, alerts, watchlists, indicators, and multi-market analysis for serious traders.
View TradingView →
Broker
Focus Markets
A live broker option for eligible non-US residents who want to review a trading account provider.
Review Focus Markets →
Disclosure: Some links may be affiliate links. KickStart Trading may receive compensation if you sign up through these links, at no additional cost to you. We only aim to recommend tools and resources that fit the KickStart trader development ecosystem.
Build Properly
Want to understand risk properly?
Position sizing is only one part of trading. Learn market structure, candlesticks, Fibonacci, psychology, drawdown, and risk management through the KickStart ecosystem.