Enter the total risk ($) and the stop loss value ($) into the Calculator. The calculator will evaluate the Gold Lot Size.
Gold Lot Size Formula
GLS = R / SL
Variables:
- GLS is the Gold Lot Size (number of ounces to trade)
- R is the total risk ($)
- SL is the stop loss value ($)
To calculate Gold Lot Size, divide the total risk by the stop loss value.
How to Calculate Gold Lot Size?
The following steps outline how to calculate the Gold Lot Size.
- First, determine the total risk ($).
- Next, determine the stop loss value ($).
- Next, gather the formula from above = GLS = R / SL.
- Finally, calculate the Gold Lot Size.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
total risk ($) = 275
stop loss value ($) = 30
