The forex risk calculator enables you to calculate where to put your stops based on the dolar amount you are willing to risk on any given currency trade. How does it work? Simply enter the amount of your capital you are willing to risk in dollars, the currency rate at which you have entered the forex market and finally the contract size you are trading with.
Please note: The $/pip value is $10/pip fixed per 100,000 contract size or $1/pip fixed per 10,000 contract size.
