Position Size Calculator USD/CAD
Using estimated rate
Calculate position size for USD/CAD
Inputs
Calculate risk amount
$5,000 × 2% = $100
= $100
Calculate max loss per lot
30 pips × $7.38 = $221.40 per lot
= $221.40
Divide risk by loss per lot
$100 ÷ $221.40
= 0.45
When sizing USD/CAD positions: USD/CAD uses standard 4-decimal pricing where one pip equals 0.0001. This major pair has typical spreads of 1.2-1.8 pips with high liquidity across all sessions.
Frequently Asked Questions
How do I calculate position size for USD/CAD based on risk?
For USD/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 USD/CAD trades?
Professional traders typically risk 1-2% per trade on USD/CAD. As a major pair, USD/CAD has moderate volatility, so adjust risk accordingly.
Can I use the same position size for all USD/CAD trades?
No, position size should vary based on stop loss distance. Wider stops on USD/CAD require smaller position sizes to maintain consistent risk.