One of the useful tools for a trader is risk management. Suitable position sizing is essential to managing risk and to prevent damaging your account on a single trade.
With some easy inputs, the ITB position size calculator hints you to identify the approximate amount of currency units to buy or sell to manage the maximum risk per position.
position size calculator works like this, input the currency pair, your account size, and the percentage of your risk. ITB position sizing calculator gives you position sizes regarding the mentioned hints.