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PipsMorrow

Trading calculators for gold traders

Nine calculators for gold and forex traders. Each one shows its formula, runs in your browser, and sends nothing anywhere. No sign-up required.

  • Free
  • No data stored
  • Formula shown
Sizing and cost

Before you place a trade

Get the lot size, pip value, and margin right before you open a position.

Pip Calculator

Find the value of one pip for XAU/USD and major pairs, in USD and THB.

Use it before you set a stop loss or take profit, so you know how many pips equal how many dollars.

  • Instrument
  • Lots
  • Pips
  • USD/THB exchange rate

Example 1 lot XAU/USD = $1.00/pip

Open tool

Lot Size Calculator

Work out the right lot size from your account balance and the risk you accept per trade.

Use it every time before you place a trade, to keep your risk per trade within your plan.

  • Account balance
  • Risk %
  • Stop Loss
  • Instrument

Example $1,000 account, 2% risk, SL $2.00 = 0.10 lot

Open tool

Margin Calculator

Find the margin your broker sets aside for a position, from lot size, price, and leverage.

Use it before you open a position, to see how much of your balance it locks up as margin.

  • Instrument
  • Lots
  • Leverage
  • Account balance

Example 0.10 lot XAU/USD @ $2,400, 1:500 = $48.00

Open tool
Position math

What a move is worth

Turn a price move into a dollar result, and see the leverage or Thai gold price behind it.

Profit/Loss Calculator

See what a trade makes or loses between its open and close price, in USD and THB.

Use it after a trade closes, or to test a plan before you open one.

  • Instrument
  • Buy / Sell
  • Lots
  • Open price
  • Close price

Example Buy 0.10 lot XAU/USD, $2,400 → $2,412.50 = +$125.00

Open tool

Leverage Calculator

Work out the leverage a position actually uses, from its notional value and your account balance.

Use it to see how aggressive a position really is, whatever leverage your broker offers.

  • Instrument
  • Lots
  • Account balance

Example 0.5 lot XAU/USD @ $2,400 on $2,000 = 1:60

Open tool

Gold Price Converter

Convert the world spot price into the Thai gold-bar price per baht-weight, and back.

Use it when you want to know where the Thai gold price should land after the world price moves.

  • Spot price or price per baht-weight (enter either side)
  • USD/THB exchange rate
  • Gold bar / gold ornament

Example spot $2,400 @ 32.66 = 37,072 THB

Open tool
Risk over time

What a run of trades does to your account

See what a string of losses or gains does to a balance over many trades.

Drawdown Calculator

See how a string of consecutive losses shrinks an account, trade by trade.

Use it to see why a big loss needs an even bigger gain to recover from.

  • Account balance
  • Periods
  • Loss per trade

Example 10 losses at 2% each = 18.29% drawdown

Open tool

Risk of Ruin Calculator

Estimate the odds that a run of trades drags your account down to a loss level you set.

Use it to compare position-sizing choices before you commit to one.

  • Win rate
  • Avg win / avg loss
  • Risk per trade
  • Number of trades

Example 45% win rate, 1.5 R:R, 2% risk, 100 trades = 12.13%

Open tool

Compounding Calculator

Project how an account grows when each period's gain is reinvested.

Use it to see the difference reinvesting profit makes over many periods.

  • Account balance
  • Periods
  • Gain per period

Example $1,000 at 5% for 12 periods = $1,795.86

Open tool
Using them together

Plan a position, then stress-test it

Size a trade, check it fits your account, then see how it holds up over a long run of trades.

  1. 1

    Turn your risk into a lot size

    Enter your account balance and the risk percentage you're willing to take, and it works out the right lot size instantly.

    Open the Lot Size Calculator
  2. 2

    Check the position fits your account

    See how much of your balance that lot size locks up as margin, and how much stays free.

    Open the Margin Calculator
  3. 3

    Stress-test the plan over many trades

    Run the same risk per trade through a simulation of many trades, and see the odds it wipes out your account.

    Open the Risk of Ruin Calculator

Caution

These numbers come from standard formulas. Individual brokers may define contract size or pip units differently, so always check them against your own account's specs.

FAQ

About the calculators

Do the tools store what I enter?

No. Every calculation runs on JavaScript in your browser only, and nothing is sent to any server. Close the page and whatever you entered is gone immediately.

Will the numbers match what my trading platform shows?

Very close, but not always exact, because brokers can define contract size, pip units, or fees slightly differently. Treat these numbers as an estimate, and check them against your actual account specs before every trade.

Do I need to sign up before I can use them?

No. Every tool works immediately, with no sign-up or login required.

Why does the Risk of Ruin Calculator give a probability instead of a yes or no?

No formula can tell you whether one specific trading plan will survive, because trade outcomes are random. The calculator runs thousands of simulated sequences using your win rate and risk settings, and counts how many of them hit your loss level. That share is the probability, a way to compare plans against each other, not a forecast of what will happen to your account.

Learn more

Want to understand where the formulas come from? Go to the related chapters.

Intermediate level

Chapter 07: Risk and Money Management

How to set risk % per trade, place a stop loss, and use position sizing together with the Lot Size Calculator above. Then see how those choices play out over time with the Drawdown, Risk of Ruin, and Compounding Calculators.

Go to this chapter →