Home › Position size calculator

Position size calculator

Position size is how much you trade so that hitting your stop loses only the dollars you planned. Pick your market:

Futures contracts

ContractTick sizeTick value1 point
ES E-mini S&P 5000.25$12.50$50.00
MES Micro E-mini S&P 5000.25$1.25$5.00
NQ E-mini Nasdaq-1000.25$5.00$20.00
MNQ Micro E-mini Nasdaq-1000.25$0.50$2.00
YM E-mini Dow1$5.00$5.00
MYM Micro E-mini Dow1$0.50$0.50
GC Gold0.1$10.00$100.00
MGC Micro Gold0.1$1.00$10.00
CL Crude Oil0.01$10.00$1,000.00
MCL Micro Crude Oil0.01$1.00$100.00
RTY E-mini Russell 20000.1$5.00$50.00
M2K Micro E-mini Russell 20000.1$0.50$5.00
HG Copper0.0005$12.50$25,000.00
MHG Micro Copper0.0005$1.25$2,500.00
6E Euro FX0.00005$6.25–
M6E Micro Euro FX0.0001$1.25–
6B British Pound0.0001$6.25–
M6B Micro British Pound0.0001$0.63–
BTC Bitcoin5$25.00$5.00
MBT Micro Bitcoin5$0.50$0.10
ETH Ether0.5$25.00$50.00
MET Micro Ether0.5$0.05$0.10

The one formula behind all of them

Size = Risk $ ÷ Risk per unit. A unit is one contract, share, coin or lot. Risk per unit is the stop distance times what each price step is worth. Everything else is rounding to a size you can actually trade.

Not sure what to risk? Read how much to risk per trade.

Get the SizeGuard app

Same math, in your pocket: SizeGuard remembers your risk, picks standard or micro for you, adds fees and daily loss limits, and logs every trade in a journal. Works offline, no account.

Free 7-day trial, then a one-time $9.99 unlock. No subscription.

App Store: coming soonGoogle Play: coming soon