Risk Checker
Compare a trade's actual dollar risk against your planned risk budget before you place it.
Why it matters
This is the fast gut-check we teach members to run before clicking buy or sell — a final confirmation that the size already sitting in the order ticket still matches the risk plan, not just what "felt right" in the moment.
Build a risk plan with a mentorMethodology
Risk check
Actual Risk = |Entry Price − Stop-Loss Price| × Position Size- 1Enter your planned risk budget (account balance × risk %) the same way as the Lot Size Calculator.
- 2Enter the entry price, stop-loss price, and position size you already have queued in your platform.
- 3The tool multiplies your price distance by your size to get your actual dollar risk, then compares it to your budget.
- 4If actual risk is higher than budget, the size is too large for your risk plan — resize before entering.
Worked example
Inputs
- Risk budget
- $10 (1% of $1,000)
- Entry → stop distance
- 0.0050 (50 pips)
- Position size
- 10,000 units
Result
- Actual risk
- $50
- Status
- Over budget
Why it matters
This is the fast gut-check we teach members to run before clicking buy or sell — a final confirmation that the size already sitting in the order ticket still matches the risk plan, not just what "felt right" in the moment.
Build a risk plan with a mentorReferences
- The widely-taught 1–2%-per-trade risk guideline used across retail trading education.
Figures here are for educational planning only — not trading, investment, or tax advice. Confirm exact contract size, margin, and leverage with your own broker or prop firm before trading real size.