Position size & risk calculators

A pip result means nothing until you attach a lot size to it. The same +1,000 pips is $100 or $10,000 depending entirely on how you size - and the same is true of every losing figure on this site. These two work out both halves for you.

The first sizes a single trade from your account and the risk you are willing to take. The second applies our published record - including the worst drawdown in it - at whatever size you choose, so the downside is as concrete as the upside. Both read live from the record; neither figure is typed in.

Gold position-size calculator

Size by a fixed risk %, enter a fixed lot size to see what it risks, or use Full ladder to size the whole setup - every recovery leg counted, not just the first entry.

Position size
0.02
lots
You risk
$100.00
50.00 move
Per pip
$0.20
Target (1:2)
+$200.00

Gold: 1.00 lot = 100 oz; QP’s pip = $0.10 of price, so ~$10 per pip per lot. Some brokers quote gold differently - confirm your symbol’s pip/tick value. A guide, not financial advice; trading carries risk of loss.

What could this mean for your account?

Enter your own numbers. This models both a typical year and an exceptional trend - and shows the drawdown you would have had to sit through. It is a planning tool, not a promise.

Suggested lot is sized so QP’s worst historical drawdown would be about 25% of your balance. Costs = your subscription plus any tools (TradingView, PineConnector, VPS).

Typical / quieter year
~543 pips/mo · gross $134/mo
-$16
net / month
Strong trend (like 2025-26)
~5,301 pips/mo · gross $1,310/mo
$1,160
net / month
Worst drawdown you’d have endured
The deepest peak-to-trough dip in the 14-year record, at this size
$2,500
25% of account

Backtested pip rates on the reference instrument, not a forecast - some months, and whole years (2016, 2017, 2024), finished negative. Live results run below backtest after spread and slippage. A red net means your position size is too small to out-earn your fixed costs at that pip rate. Gold: 1.00 lot = 100 oz, ~$10 per pip. This is a planning tool, not financial advice; trading carries risk of loss including your full capital. See the Risk Disclosure.

Reading the output honestly

The drawdown figure is the one that matters. Anyone can tolerate the profit column. Size so that the worst historical drawdown, at your chosen lot, is an amount you could sit through for months without changing anything - because that is what it would have required.

Assume the real one is worse. The worst drawdown in any record is the worst that has happened so far, not the worst that can. There is no rule that stops the next one being deeper.

These are arithmetic, not forecasts. They apply a past pip record to a lot size. They do not predict anything, and a result you like is not a result you are owed.

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These tools are for information only. Nothing here is financial advice, a recommendation, or a promise of any return, and no output should be read as one. The record they apply is a simulated backtest; simulated results have inherent limitations and do not represent actual trading. Trading gold carries a substantial risk of loss, including all of your deposit. See the risk disclosure.

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