⚡ Day Trading Calculator
Calculate position sizes, daily profit targets, and risk metrics for scalping and day trading.
How to Use the Day Trading Calculator
- Enter account balance — your current trading capital
- Set risk per trade — percentage of account you risk on each trade (1-2% recommended)
- Define stop loss — your stop loss distance in pips
- Set take profit — your target profit distance in pips
- Enter trades per day — how many trades you plan to take
- Set pip value — dollar value per pip for your instrument
- Enter expected win rate — your historical or expected win percentage
- Click Calculate — see position sizes, risk metrics, and projections
Understanding the Results
- Position Size — the optimal lot size based on your risk tolerance
- Risk-Reward Ratio — ratio of potential profit to potential loss per trade
- Required Win Rate — minimum win rate needed to break even
- Monthly Projection — estimated monthly profit based on your inputs
Day Trading Strategies for Beginners
Scalping
Scalping involves making many small trades throughout the day, aiming to capture small price movements. Scalpers typically hold positions for seconds to minutes and target 5-15 pips per trade.
Momentum Trading
Momentum traders look for strong price movements and enter in the direction of the trend. This strategy works best during high-volume sessions like London-New York overlap.
Range Trading
Range trading involves identifying support and resistance levels and trading bounces within a defined range. Best suited for low-volatility periods.
Key Day Trading Rules
- Risk no more than 1-2% per trade — protect your capital
- Use proper position sizing — never over-leverage
- Set daily loss limits — stop trading after reaching your max daily loss
- Trade during peak hours — London and New York sessions offer the best liquidity
- Keep a trading journal — track every trade to improve your strategy
Risk Management Tips
- Always use stop losses — never let a losing trade run without protection
- Maintain a minimum 1:2 risk-reward ratio — your winners should be at least twice your losers
- Don’t revenge trade — take a break after consecutive losses
- Scale position sizes with account growth — compound your profits wisely
Risk Disclaimer
Day trading involves substantial risk of loss. Past performance does not guarantee future results. Only trade with capital you can afford to lose.
Recommended Broker
Execute your day trading strategy with a reliable broker. UZFX — tight spreads from 0.0 pips, fast execution, $10 minimum deposit.