Want to know the required position size based on your crypto-currency pair? Calculate the risk level, stop loss in pips, and other valuable insights
A crypto calculator is a valuable tool which shows the ideal amount of crypto to trade based on your stop loss price and the amount you are willing to risk on the trade.
The entry is the price where we get into the trade, and the stop loss is the price where we get out if the trade isn’t doing the way we expected.
Start the calculation by inputting how much of a crypto asset you have in the Account Size field. The default is Bitcoin, but you can change that by selecting a different cryptocurrency in the Fiat to Crypto section. For example, if you primarily hold Ethereum, choose ETH. Or if you want to make a trade in SOL or XRP, choose it below.
Choose which currency you want your trade priced in. For example, if you’re trading ETH, choose ETH from the dropdown box.
If your account is in cash (or multiple cryptocurrencies), but you want to see how much it converts to a single coin at the current market price, choose the coin you want to convert to and input the total amount of fiat/coins you have.
For example, if you have a total of $13,000 in coins, you can see how much that is in ETH or BTC by selecting ETH or BTC from the dropdown and inputting 13,000 into the Fiat Amount.
This will give you your Account Size in ETH, BTC, or any other crypto currency selected based on real-time prices.
This tool is useful if you trade various coins or are unsure what your holdings are worth for calculating your Account Size in the section above.
Fiat to Crypto – This tool is for converting a fiat currency to a cryptocurrency. Rates may change as fiat currency or crypto prices fluctuate.
Below, you have options to view the profit scenarios for exiting your trade at more than one profit target. Also, choose if you want to see how leverage can affect the trade.
Target % – This denotes where you plan to exit a profitable trade. It is the % or price difference between the entry price and planned exit point. Entering at 1200 and exiting at 1250 is 4.167%, or 50 in price.
Long – Select this option if you’re buying the asset. The stop loss must be below the entry, and the target above the entry.
Short – Select this option if you’re shorting the asset or intend to profit from it dropping in value. Stop loss must be above the entry, and target below the entry.
Target Price – The exit price based on the target % distance from the entry price.
Target % – The profit % based on the target price distance from the entry price.
Return for Exiting at Target – This is the amount you receive for selling at the profit target. The amount is based on the cryptocurrency selected above, and is calculated as your original “Amount Size” plus “Profit.”
Profit – This shows actual profit on the trade, in the cryptocurrency selected. It is calculated as the difference between “Return for Exiting at Target” and “Amount size.”
Below you can see the profit scenarios if you scale out a trade at different profit targets. In the boxes below, input the price you’ll exit at, and the percentage of the position you’ll exit at that price.
Target 1 Price (2, 3, 4, etc) – The price at which you’ll exit part of the position.
Target 1 Allocation (2, 3, 4, etc) % – Allocate how much of the position you’ll exit at this price. The whole position is 100%. If you want to close a quarter of the position at a certain target, input 25%, for example.
Target 1 return (2, 3, 4 etc) – The total amount of crypto returned to you for exiting at this price, calculated as Position Size x this Target Price.
Target 1 Profit (2, 3, 4, etc) – The profit for exiting this portion of the position, calculated as [(Target 1 return – Amount Size) x Allocation for this target.]
This is the total amount of profit when exiting the allocated amount of the position at each target. It‘s the sum of the profit from each sale/target.
Leverage allows you to take a larger position than you could if only using your own capital.
Inputting 10 into the box above will magnify the position size by 10. The information below shows how the trade is affected in terms of risk, and where the stop loss can be moved to reduce that risk back to your desired amount.
Long Tight Stop Loss – This shows where the stop loss on a long position needs to go on the magnified position size in order maintain the original % or crypto risk specified in the first section.
Short Tight Stop Loss – This shows the stop loss location on a short leveraged position in order to maintain the original crypto or % risk specified in the top section.
Profit – The profit based on the leveraged position and profit target chosen, calculated as [Target % x (Amount Size x leverage)]
Risk Size – This denotes the amount you could lose based on the leveraged position size and the original stop loss price. To reduce the risk to the level specified in the top section, while using leverage, the Stop Loss will need to be moved to the Tight Stop Loss price.
Let’s take a look at an example.
Assume that you are interested in an ETH trade. You have roughly $2400 in the account to trade (Account Size) which is equivalent to 2 ETH based on the exchange rate at the time. You would input 2 ETH into the Account Size.
You wish to buy at 1200 with a stop loss at 1140 (5% from entry) and a target at 1320 (10% from entry).
You only want to risk 1% of your capital, or 0.02 ETH.
Position size = Account Risk / Trade Risk
Account Risk is how much you’re willing to risk of the account, in cryptocurrency.
Trade Risk is the difference between the entry and exit price (usually in USD if you’re viewing the crypto price in USD).
Position size = 0.02 ETH / $60 = 0.000333
If you punch in these numbers, this is what the calculator above will show. That may not look like it makes sense, since buying only 0.000333 of an ETH seems like such a small amount.
Notice how the formula mixes ETH with dollars, meaning one needs to be converted to the other.
The simplest way to think of it would be: 0.000333 x ETH entry price of 1200 = 0.4ETH
We could also calculate it as: 0.02 ETH / ($60/$1200) = 0.02 / 0.05 = 0.4 ETH
The calculator above gives this as the Amount Size. Since we are dealing with a cryptocurrency, this is the amount you would buy: 0.4 ETH
If you buy 0.4 ETH, and the price hits the stop loss which is 5% away, you will lose 0.05 x 0.4 = 0.02 ETH. That is the maximum amount you wanted to lose.
If, on the other hand, the price hits your target 10% away, you will make 0.4 ETH x 0.1 = 0.04 ETH.
If you wanted to convert this all back to fiat currency:
0.02 ETH is $24, which is 1% of the $2400 account, and how much you were willing to risk. We know this because of the exchange rate at the time of the trade: $2400 was worth 2 ETH, so 0.02 ETH is $24.
0.04 ETH is $48, so that is what you would make if the 0.4 ETH position hits the 10% target.
