Why these four
Sizing mistakes do more damage than bad signals, because they multiply every loss. A trader takes a gold signal at the lot size that worked on EUR/USD, or rounds up, or never converts the pip value into a pound or euro account. Each tool here answers one of those questions before the trade, in about ten seconds.
They share one set of conventions, stated on every page: 100,000 units per forex lot, 100 ounces per gold lot with one pip counted as $0.10, lots rounded down to the 0.01 step, and conversion at the day’s reference rate when your account currency is not the quote currency. If your broker uses a different contract, the tools say where to check.
Learn the maths behind them
- Position sizing from a signal: the formula, with gold and forex examples.
- Gold signals: how XAU/USD pips are counted, and why gold stops are wider.
- Take profit with signals: TP1, TP2, TP3 and what each choice did on a real month.
- Losing streaks: the arithmetic of a bad run, and what actually helps.
More calculators in the member app
The Forexero app has more calculators, including drawdown recovery, risk of ruin, expectancy and a Monte Carlo run of your own statistics. They are free with a Forexero account. Open the app calculators.
See the signals before you pay for anything
Every closed VIP signal is on the results page with its entry, stop, targets and outcome, losses included.
Ready to join? Compare the VIP plans: £89 a month, or £540 paid once a year.