Position Size Calculator EUR/GBP
Using estimated rate
Calculate position size for EUR/GBP
Inputs
Calculate risk amount
$5,000 × 2% = $100
= $100
Calculate max loss per lot
30 pips × $11.66 = $349.65 per lot
= $349.65
Divide risk by loss per lot
$100 ÷ $349.65
= 0.29
When sizing EUR/GBP positions: EUR/GBP uses standard 4-decimal pricing where one pip equals 0.0001. This cross pair has typical spreads of 1.2-2.0 pips with good liquidity.
Frequently Asked Questions
How do I calculate position size for EUR/GBP based on risk?
For EUR/GBP, divide your dollar risk (account × risk%) by (stop loss pips × pip value). This gives you the exact position size that risks only your specified percentage.
What risk percentage should I use for EUR/GBP trades?
Professional traders typically risk 1-2% per trade on EUR/GBP. As a minor pair, EUR/GBP has moderate to high volatility, so adjust risk accordingly.
Can I use the same position size for all EUR/GBP trades?
No, position size should vary based on stop loss distance. Wider stops on EUR/GBP require smaller position sizes to maintain consistent risk.