Simple Lot Size Calculator using Excel (Only 3 Inputs!)

Hi traders,

Finally, something I can contribute. I took some time off trading and prepared this, when in actual fact, this should be one of the first things I focused on.

Follow the steps:
First, enter your equity.
Second, enter the percentage you are willing to risk.
Lastly, enter the number of pips you are willing to hold the trade.

Please refer to the picture attached.
Lots_Size_Calculator.png




The blue boxes will automatically calculated.
You only need to enter inputs in the yellow boxes.

Please inform me if anything is amiss. Download link: bit.ly/lottoenter
Something seems to be wrong with the picture. I will give it a go though
 
Hi traders,

Finally, something I can contribute. I took some time off trading and prepared this, when in actual fact, this should be one of the first things I focused on.

Follow the steps:
First, enter your equity.
Second, enter the percentage you are willing to risk.
Lastly, enter the number of pips you are willing to hold the trade.

Please refer to the picture attached.
Lots_Size_Calculator.png




The blue boxes will automatically calculated.
You only need to enter inputs in the yellow boxes.

Please inform me if anything is amiss. Download link: bit.ly/lottoenter
can you attach the picture again please?
 
Hi traders,

Finally, something I can contribute. I took some time off trading and prepared this, when in actual fact, this should be one of the first things I focused on.

Follow the steps:
First, enter your equity.
Second, enter the percentage you are willing to risk.
Lastly, enter the number of pips you are willing to hold the trade.

Please refer to the picture attached.
Lots_Size_Calculator.png




The blue boxes will automatically calculated.
You only need to enter inputs in the yellow boxes.

Please inform me if anything is amiss. Download link: bit.ly/lottoenter
The picture is not here but I can say you have made a good risk management plan, also you have taken all the variables into consideration.
 
That is a great idea of using excel to create such a calculator. I personally think that such simple things should included in trading platforms. This tool will be really useful for all of the traders who have some understanding of what risk and money management are.
 
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