Use this position size calculator to calculate your position size based on your pre-determined risk-level and your trading strategy.
Position Size Example: A trader has 5,000 USD of available margin. If his or her leverage setting is 100:1, the trader could take a position size of up to 500,000 USD ($5,000 x 100 = $500,000). Note that the trader should set aside additional capital in his or her account to allow for market fluctuations.