How much smaller should my position be if I will not be able to watch it during the trading day?
Enter Your Setup
Your Result
Enter your normal risk per trade, whether you have a hard stop order, and your monitoring frequency to see an adjusted size.
How this is calculated
A resting stop-loss order placed with your broker executes whether or not you are watching the trade, so this tool applies no monitoring-based reduction when you confirm one is on file.
Without a hard stop-loss order, you are relying on watching the trade and closing it yourself if it moves against you. The less often you can check it, the more your realistic worst-case loss can drift from your planned risk, so this tool suggests trimming size instead.
These reduction factors, a 25, 50, 75, or 90 percent cut, are a simple convention set by Trading Habits, not a formula derived from any specific market or instrument.
This does not address overnight or weekend risk, which can affect a position even with a hard stop-loss order resting, see the Overnight Exposure Calculator for that separate factor.
The most reliable fix for limited monitoring time is usually placing an actual stop-loss order with your broker, not just trading smaller.
Risk & liability disclaimer: This calculator produces a mathematical estimate based on the inputs provided. It is not financial advice and does not guarantee any trading outcome or predict future prices. Trading Habits is not a broker-dealer, registered investment adviser, or tax professional, and is not affiliated with any broker, exchange, or data provider. We do not guarantee this tool is error-free or suitable for your situation, always verify results independently and consult a licensed professional before making any trading or financial decision. You could lose some or all of the capital you trade with.
Size for the Time You Actually Have
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