📊 How to Use a Lot Size Calculator for XAU/USD (Gold Trading)
When trading gold (XAU/USD), risk management is key to protecting your account. A Lot Size Calculator helps you determine the perfect trade size based on your account balance, stop loss, and risk percentage.
Here’s a simple guide to using it:
🔧 Step-by-Step Guide
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Select Instrument
Choose XAU/USD (Gold against US Dollar) from the dropdown menu. -
Choose Deposit Currency
Select US Dollar or the currency of your trading account. -
Enter Open Price
Input the price where you plan to open the trade.
Example:3249.09000 -
Enter Stop Loss Price
Add the price at which your trade will automatically close to prevent further loss.
Example:3184.10820 -
Enter Account Balance
Type in your total account balance.
Example:$100,000 -
Set Risk Percentage
Decide how much of your account you want to risk per trade.
Example:2% -
Click Calculate
The calculator will show:-
Units (trade size): e.g.,
30.778 -
Money at risk: e.g.,
$2,000
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📌 What It Means
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Units (Trade Size) = Number of ounces of gold you can trade safely.
-
Money at Risk = How much money you'll lose if your stop loss is hit.
✅ Why It’s Useful
Using this calculator helps you:
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Avoid over-leveraging
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Stick to your risk management strategy
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Trade confidently with calculated exposure