Position Sizing Calculator: Never Over-Risk a Single Trade

Position sizing kills more accounts than bad strategy selection. The calculator translates the 1–2% rule into actionable contract counts: enter your account size, risk percentage, and the strategy's max loss per contract; receive the maximum contracts you can responsibly trade.

The math is simple but the discipline is everything. On a $25,000 account with a 1% risk rule ($250 per trade), a long call costing $300 means you can trade zero contracts. A vertical spread with $100 max loss means up to 2 contracts. A naked short put on a $200 stock with $20,000 theoretical max loss means zero contracts — undefined risk strategies require either much larger accounts or smaller delta exposure.

Most retail accounts blow up not because of one bad strategy but because of consistent over-sizing across many trades. Even a profitable strategy with a 60% win rate will produce a string of 4–5 losses occasionally — and if each loss is 5% of account, that string ends the account. The calculator exists to make this math visible before the trade, not after.

Frequently Asked Questions

Is 1% or 2% the right risk rule?

1% for traders under 100 trades. 2% for documented edge with a clean journal. Above 2% per trade is degenerate gambling regardless of confidence.

How does sizing differ for defined vs undefined risk?

Defined risk uses max loss per contract directly. Undefined risk requires modeling worst-case scenarios — typically 2–3× the typical adverse move.

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