Forex Trade Setup & Risk Analyzer
Account & Risk
Trade Details
Stop-Loss Setup
Take-Profit Setup
Currency Pair Specification (Crucial for Accuracy)
Trade Analysis Summary
Inputs Recap:
Currency Pair:
Trade Direction:
Entry Price:
Risk Management:
Max Risk Amount (Account Currency):
Stop-Loss Price Level:
Distance to Stop:
Position Sizing:
Calculated Position Size (Standard Lots):
Position Size (Units):
Cash at Risk (per trade):
Reward Potential:
Take-Profit Price Level:
Distance to Take-Profit:
Potential Reward Amount (Account Currency):
Risk/Reward Ratio:
Important Considerations:
- This analyzer helps plan your Forex trade by calculating key risk and reward metrics based on your inputs.
- Position Size: The suggested trade size (in lots) aims to keep your risk within your defined percentage of account balance.
- Risk/Reward Ratio: Compares your potential profit to your potential loss. Many traders aim for ratios greater than 1:1 (e.g., 1:2, 1:3).
- This tool does NOT account for:
- Broker Spreads: The difference between bid and ask prices, which is a cost.
- Slippage: When your trade executes at a different price than intended, especially during volatile market conditions or with market orders.
- Swaps/Rollover Fees: Costs for holding positions overnight.
- Commissions: Some brokers charge a commission per trade in addition to spreads. The "Transaction Cost" input in this tool is a general field for such per-trade costs.