Position Size Calculator

Introduction

Position Size Calculator is a powerful tool designed for derivatives traders in the crypto and forex markets. This tool helps you manage your risk effectively and determine optimal position sizes, enabling you to make informed trading decisions.

Features

• Risk Calculation: Estimate potential risk based on account size, leverage, risk percentage, and stop loss percentage.
• Position Size Estimation: Determine the optimal position size aligned with your risk tolerance and trading parameters.
• Forex Lot Sizing: Calculate forex lot sizes consistently for your trading operations.

How to Use

• Account Size: Enter your trading account size.
• Leverage: Specify your chosen leverage.
• Risk Percentage: Indicate the percentage of your account you're willing to risk per trade.
• Stop Loss Percentage: Define the percentage at which your stop loss will trigger.
• Calculate: Click the "Calculate" button to receive risk, position size, and forex lot size.

Pro Tips

• Maintain accurate inputs for precise calculations.
• Experiment with different risk scenarios and position sizes before executing trades.
• Regularly revisit the app to adapt your trading strategy based on market changes.

Getting Started

Follow these steps to get the app up and running:

Prerequisites

• Node.js: Make sure you have Node.js installed. You can download it from here.

Installation

1. Clone the repository:

   git clone https://github.com/your-username/position-size-calculator.git

2. Navigate to the project directory:

   cd position-size-calculator

3. Install the dependencies:

   npm install

Usage/Examples

Usage Open your terminal and navigate to the project directory.

Start the development server:

npm run dev

Open your web browser and go to http://localhost:5173/ to access the app.

VITE v4.4.9  ready in 1861 ms

  ➜  Local:   http://localhost:5173/
  ➜  Network: use --host to expose
  ➜  press h to show help

Input your trading parameters (account size, leverage, risk percentage, and stop loss percentage) and click the "Calculate" button.

The app will display your risk, position size, and forex lot size based on the provided inputs.

Tech Stack

React + Vite: Frontend JavaScript library

CSS: Styling

Node.js: Backend JavaScript runtime

Contributing

Contributions are always welcome!

Contributions are welcome! If you'd like to contribute, please fork the repository and

create a pull request.

Feedback

If you encounter any issues or have suggestions, feel free to open an issue. Your feedback is valuable to us!

License

MIT