@adeotiomoadegboyega I usually use baby pips position size to calculate my risk, it is very easy to use. This is the link https://www.babypips.com/tools/position-size-calculator

Hi @adeotiomoadegboyegaTo calculate your risk, you'll have to Set a percentage or dollar amount limit you'll risk on each of your trade. For example, if you have a $5000 trading account, you could risk $50 per trade if you use the 1% limit. If your risk limit is 0.5%, then you can risk $25 per trade.

Note that: Your dollar limit will always be determined by your account size and the maximum the percentage you determine.

Hi @adeotiomoadegboyegaTo calculate your risk, you'll have to Set a percentage or dollar amount limit you'll risk on each of your trade. For example, if you have a $5000 trading account, you could risk $50 per trade if you use the 1% limit. If your risk limit is 0.5%, then you can risk $25 per trade.

Note that: Your dollar limit will always be determined by your account size and the maximum the percentage you determine.

I hope this help you 👍