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FREE TRADE STRUCTURE TOOL

Stop-Loss Distance Calculator

Measure the exact distance between entry and stop in price units, pips, points, or ticks before calculating position size.

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CALCULATOR INPUTS

Enter your planning values

CALCULATED OUTPUT

Your planning estimate

Enter or adjust the values, then select Calculate results.

STEP-BY-STEP

How to use this tool

  1. Select the planned trade direction.
  2. Enter the intended entry and invalidation price.
  3. Enter the correct minimum unit: pip, point, or tick size.
  4. Optionally enter quantity and dollar value per unit for an estimated loss.
  5. Check that the stop is on the correct side of entry.
  6. Use the measured distance in the Position Size Calculator.
WORKED EXAMPLE

See the calculation in context

A long EUR/USD entry at 1.1000 with a stop at 1.0950 has a raw distance of 0.0050. With a pip size of 0.0001, that equals 50 pips.

Calculation method

For a long trade, distance = entry − stop. For a short trade, distance = stop − entry. Selected units = price distance ÷ the pip, point, or tick size.

AVOID THESE ERRORS

Common mistakes

  1. Using pipette size instead of pip size
  2. Entering a stop on the wrong side of the trade
  3. Choosing a stop from desired dollar risk instead of market invalidation
  4. Applying forex pip conventions to futures or CFDs
  5. Ignoring spread, gaps, slippage and commissions
FREQUENTLY ASKED

Questions and answers

What unit size should I use?

Use the instrument specification from the broker, exchange, or platform. For many forex pairs a pip is 0.0001, while JPY pairs commonly use 0.01, but specifications can differ.

Should I choose the stop before position size?

A common risk-first workflow defines a technically valid stop, then calculates size from the allowed dollar risk.

Is estimated loss exact?

No. Execution costs, gaps, slippage, contract specifications and currency conversion can change it.

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USEFUL NEXT TOOLS

Continue the workflow

Educational-use notice.

Outputs are planning estimates, not investment advice or guarantees. Verify instrument specifications, fees, prices and binding prop-firm rules with the relevant official source before relying on any result.