Trading calculators

How much room you have left, what a point is worth, and how many contracts fit your risk.

How much room do I have left?

The trailing drawdown calculator. Enter your account's numbers to see where your loss limit sits right now, and how many points you can lose before the account fails.

Loss limit now—
Room left—
Room in points—

For end-of-day trailing, use your highest closing balance. For intraday trailing, use your highest balance including open profit.

Points to dollars

Gross—
Costs—
Net—

Net = points × point value × contracts − costs × contracts

Futures position size

Risk per contract—
Max contracts—
Actual risk—

Max contracts = max risk ÷ (stop points × point value), rounded down. If it rounds to zero, the stop is too wide for the risk, or the contract is too big: try the micro.

Stock position size

Risk per share—
Max shares—
Position value—

Max shares = max risk ÷ (entry − stop), rounded down. Check the position value against your buying power.

Point values, by contract

Dollar value of a one-point move, per contract. Micros are one-tenth of the full-size contract.
ContractSymbolPer pointTick sizePer tick
Micro E-mini Nasdaq-100MNQ$20.25$0.50
E-mini Nasdaq-100NQ$200.25$5.00
Micro E-mini S&P 500MES$50.25$1.25
E-mini S&P 500ES$500.25$12.50
Micro E-mini DowMYM$0.501$0.50
E-mini DowYM$51$5.00
Micro E-mini Russell 2000M2K$50.10$0.50
E-mini Russell 2000RTY$500.10$5.00
Micro WTI Crude OilMCL$1000.01$1.00
WTI Crude OilCL$1,0000.01$10.00
Micro GoldMGC$100.10$1.00
GoldGC$1000.10$10.00

Contract multipliers as set by CME Group. Your costs (commission, exchange and NFA fees, data) are yours to add. Education only: this is arithmetic, not a recommendation to trade any contract or size.