Risk Analysis10 / 17

Pre-trade check for gold (XAUUSD)

Seven checks before you click buy or sell: size, loss, reward, stop distance, news, plan and session.

Free
No sign-up
Built for XAUUSD

Account balance ($)Risk per trade (%)

Direction

Entry priceStop lossTargetSpread ($)

Tick only what is true right now

No high-impact data in the next 30 minutesThis setup is in my written planI trade this session regularly (not tired, not chasing)

IF THE STOP IS HIT

Fill in balance, risk, entry and stop to see the size and the loss.

1 standard lot = 100 oz: each $1 move in gold = $100 per lot. Lot size is rounded down to 0.01 and includes the spread. Everything is calculated in your browser; nothing is sent anywhere. Not investment advice.

Why check before every trade

Most account damage comes from a handful of trades that were too big, had no stop, or were taken into news. A checklist catches those before the click, not after.

The numbers part (size, loss, reward) is arithmetic. The three tick boxes are the honest part: only you know whether the setup is in your plan and whether you are calm.

Lin's Take

I built this tool for my own trading desk before sharing it here. Use it almost every session.

FAQ

Lots = (balance × risk %) ÷ ((stop distance + spread) × 100). For example, $5,000 at 1% risk with a $10 stop and $0.30 spread: 50 ÷ (10.3 × 100) = 0.048, rounded down to 0.04 lots.

They are common upper and lower bounds, not magic numbers. Ten losses in a row at 2% leaves about 82% of the account; at 5% it leaves about 60%. A 1.5 : 1 reward lets you be wrong more than half the time and still roughly break even.

A stop only a few spreads away is often hit by ordinary bid/ask noise or a spread widening, not by the market actually moving against your idea.

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