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Risk calculator

Using risk-based position sizing in TradeLocker

Important

The Risk button is TradeLocker’s built-in risk management calculator.

It automatically adjusts position size based on:

  • Your Stop Loss distance

  • The amount or percentage you are willing to risk


What this means

Instead of manually calculating lot size, you can define how much you want to risk on the trade.

When Risk mode is enabled:

  • TradeLocker recalculates the position size automatically

  • The estimated loss at Stop Loss matches your selected risk amount

This helps keep risk consistent across trades.


Why values change automatically

The calculator continuously adjusts lot size based on your Stop Loss placement.

Examples:

  • Moving Stop Loss farther away usually reduces lot size

  • Moving Stop Loss closer may increase lot size

  • Changing the risk amount recalculates the position size again

This is expected behavior and is designed to maintain the selected risk target.


How to use the Risk calculator

  1. Select the instrument you want to trade

  2. Open the Order Panel

  3. Choose Buy or Sell direction

  4. Enable Risk mode in the sizing section

  5. Enter:

    • Risk amount

    • Risk percentage

  6. Set your Stop Loss on the chart

TradeLocker will automatically calculate the position size.


How to place Stop Loss and Take Profit on the chart

  1. Select the instrument

  2. Set your position size in the Order Panel

  3. Click the “+” button next to the price scale on the right side of the chart

  4. Choose:

    • SL → Stop Loss

    • TP → Take Profit

  5. Drag the lines to your desired price levels

  6. Confirm the trade with Buy or Sell


How to modify Stop Loss or Take Profit later

  1. Open the Positions panel

  2. Select the trade

  3. Edit the position

  4. Move the Stop Loss or Take Profit lines to the new levels


Learn more


Useful to know

Changing Stop Loss placement after opening a trade may also affect risk calculations and margin usage.

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