Gold Position Size Calculator
How to Use Gold Position Size Calculator
• Select Contract Type: Use pull down menu to select the contract type. The big Point Value for each contract will be automatically updated
• Account Balance: Enter total Account Balance in dollar value
• Total Position Risk (%): Enter Percentage of Total Account Loss, which could occur from risk of taking position
• Stop Loss (Point): Enter value of maximum loss in point value, which could occur from taking 1 single contract position
• Profit Target (Point): Enter value of profit target in point value, which could occur from taking 1 single contract position. This is optional and used to calculate Reward to Risk ratio
https://www.cmegroup.com/trading/metals/precious/gold_contract_specifications.html
https://www.cmegroup.com/trading/metals/precious/e-micro-gold_contract_specifications.html
https://www.cmegroup.com/trading/metals/precious/e-mini-gold_contract_specifications.html