Position Size Calculator NZD/CAD
Using estimated rate
Calculate position size for NZD/CAD
Inputs
Calculate risk amount
$5,000 × 2% = $100
= $100
Calculate max loss per lot
30 pips × $10.00 = $300.00 per lot
= $300.00
Divide risk by loss per lot
$100 ÷ $300.00
= 0.33
When sizing NZD/CAD positions: NZD/CAD uses standard 4-decimal pricing where one pip equals 0.0001. This cross pair has typical spreads of 3.0-4.0 pips with good liquidity.
Frequently Asked Questions
How do I calculate position size for NZD/CAD based on risk?
For NZD/CAD, 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 NZD/CAD trades?
Professional traders typically risk 1-2% per trade on NZD/CAD. As a minor pair, NZD/CAD has moderate to high volatility, so adjust risk accordingly.
Can I use the same position size for all NZD/CAD trades?
No, position size should vary based on stop loss distance. Wider stops on NZD/CAD require smaller position sizes to maintain consistent risk.