FX Position Calculator vs Forex Calculators for traders

The success of your future trades will largely depend on your ability to effectively manage risk. Indeed, it is essential not to risk all your capital on a single transaction. For this, it is important to calculate the size of your position before each trade. In order to help you not to relax your vigilance in risk management, our calculator is there to accompany you! Simply fill in the fields in our tool and it will suggest for you an optimal amount to invest in order to maximize your gains and minimize your losses. Financial markets carry significant risks to your invested capital. The information and results provided by this application should only be considered as an indication and do not constitute advice or recommendations. Tyrcord declines all responsibility for losses incurred by any person acting on the basis of this information or results.

Our OFFLINE forex calculators allow users to make accurate assessments at the right time to make the most out of their trades. The position size calculator, the currency converter, the pip value calculator, the margin calculator and more calculators are available to help you evaluate your risk and monitor profit or loss for each trade you carry out. Saving you some much needed time to concentrate on your trading decisions instead of long calculations. Some calculators and tools are listed below. Many more will be added in the future. - Market Hours: Keep track of market hours with easily countdowns to opening and closing times. Change displayed overlap time based on your local timezone with adjustments for daylight savings time. - Opening Market Hours notifications. - Position Size: Define the trading quantity you should take when expecting certain percentage of risk and also tells the risk per share which you will have in a trade. - Pip: Determine how much each pip is worth. - Pivot Point: Determine significant daily, weekly, and monthly support and resistance levels with the help of pivot points - Fibonacci: Calculate Fibonacci retracements and extensions based on three values (high, low, and custom value). - Margin: Help you determine how much capital is used to open a trade, based on the position size and trading account leverage. - Stop Loss / Take Profit: Determine what price levels to use for your Stop Loss/Take Profit orders, how many pips are involved in each, and what the value of each pip is. - Profit: Track the performance of your individual trades, factoring in the swap fee.