The Forex Calculator - Overall Risk Exposure

The Overall Exposure tab gives you the big picture of what your total risk is, taking into consideration all your open trades at any time.

New traders always think in terms of how much money they stand to make in a trade. Professional traders always think in terms of how much money they stand to lose in a trade – that's the difference. Professional traders manage their risk.

First set up the particulars about your individual trades on the Trade Plan tab, then come to this tab to see how much risk you have at stake. Choose the currency pair of your open trades and decide how many legs you would allow that particular trade to go.

Dynamically add additional trades as you need them by using the drop down menus under the "New" category.

Easily close any one order by clicking its order number in the title bar (e.g., click "TWO" to show the second trade is now closed).

See how much gain is required to recover from a potential drawdown. As an example, a drawdown of 35.9% requires 55.9% gain for recovery.

This tab answers the question: "What would happen to my account if something happened in the market to suddenly make all my trades turn against me?" And as you know, anything can happen in the Forex at any time.

Click to watch the recorded webinar demonstrating the new features of Version TWO of the Calculator, now available.

You've done the work for me

"Why I like The Calculator is... I started putting spreads, exchange rates, drawdown etc. etc. into Excel, but soon realised what a task it was to cover everything required and I could easily spend so much time on this instead of testing strategies/ trading. So now the problems sorted! You've done the work for me." ~ John H