Took me 3 blown accounts to figure this out.
Position sizing is the single most underrated skill in trading. Most traders lose not because their analysis is wrong — but because they're betting too big when it matters and too small when it doesn't.
Here's a free position sizing calculator I use daily:
👉 Free Position Size Calculator
Key things it handles:
- Account currency conversion (USD/EUR/GBP)
- Risk % vs fixed amount
- Pip value auto-calculation
- Lot size for Forex, shares for stocks
Pair this with proper risk management and you'll survive the learning curve.
One golden rule: never risk more than 1% per trade. Period.
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