Position Size Calculator GBP/JPY
Using estimated rate
Calculate position size for GBP/JPY
Inputs
Calculate risk amount
$5,000 × 2% = $100
= $100
Calculate max loss per lot
30 pips × $5.29 = $158.60 per lot
= $158.60
Divide risk by loss per lot
$100 ÷ $158.60
= 0.63
When sizing GBP/JPY positions: GBP/JPY uses 2-decimal pricing (0.01 per pip) since JPY is valued in hundreds per unit. This cross pair has typical spreads of 2.0-3.5 pips with good liquidity.
Frequently Asked Questions
How do I calculate position size for GBP/JPY based on risk?
For GBP/JPY, 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 GBP/JPY trades?
Professional traders typically risk 1-2% per trade on GBP/JPY. As a minor pair, GBP/JPY has moderate to high volatility, so adjust risk accordingly.
Can I use the same position size for all GBP/JPY trades?
No, position size should vary based on stop loss distance. Wider stops on GBP/JPY require smaller position sizes to maintain consistent risk.