Free Traders Tools
Kelly criterion, expectancy, risk of ruin, pip value, and position sizing
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6 tools in this category
Position Size Calculator
Calculate trade size based on risk and stop-loss
OpenPip Value
Forex pip value per lot
OpenKelly Criterion
Optimal fraction of capital per trade
OpenTrade Expectancy
E = WR×AvgWin − LR×AvgLoss
OpenRisk of Ruin
Approximation for fixed risk fraction
OpenFutures Position Size
Contracts by risk and stop in ticks
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