Dollar-risk-first sizing, done for you. Enter the dollars you'll risk and the size of your stop, and it returns the number of contracts that makes that stop equal your risk — the one correct order from Module 01.
Decide your dollar risk first. Place the stop where the idea is invalid (the session extreme / previous structure), and read its size off your chart. Then let the calculator set the contracts — never bend the stop to fit a size you want. If one contract already risks more than your budget, size down with micros or skip the trade.
Your inputs are saved on this device. The math: contracts = ⌊ amount risked ÷ (stop in points × $/point) ⌋.
| Instrument | Tick size | $ / tick | $ / point |
|---|---|---|---|
| ES · E-mini S&P 500 | 0.25 pt | $12.50 | $50 |
| MES · Micro S&P 500 | 0.25 pt | $1.25 | $5 |
| NQ · E-mini Nasdaq-100 | 0.25 pt | $5.00 | $20 |
| MNQ · Micro Nasdaq-100 | 0.25 pt | $0.50 | $2 |
| YM · E-mini Dow | 1 pt | $5.00 | $5 |
| MYM · Micro Dow | 1 pt | $0.50 | $0.50 |
| RTY · E-mini Russell 2000 | 0.10 pt | $5.00 | $50 |
| M2K · Micro Russell 2000 | 0.10 pt | $0.50 | $5 |
Every micro is 1/10 the size of its mini — the tool for sizing precisely and scaling out granularly (Module 01.4).
The tools you run every session.