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FREE WEEKLY LOSS PLANNING TOOL

Weekly Risk Budget

Set a weekly risk allowance, subtract realized and open risk, preserve a safety reserve, and divide the remaining capacity across the trading days and trades left in your plan.

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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. Enter the current account balance and your personal weekly risk percentage.
  2. Add realized losses already taken this week and the complete stop-based risk on open positions.
  3. Set aside a weekly reserve for costs, slippage, gaps and rule uncertainty.
  4. Enter only the trading days and trades you still plan to take.
  5. Compare the proposed risk with the equal per-trade allowance.
  6. Recalculate after every loss, material balance change, added position or change to the weekly plan.
WORKED EXAMPLE

See the calculation in context

A $50,000 account with a 4% weekly budget has $2,000. After reserving $250 and accounting for $750 of realized and open risk, $1,000 remains. Across three days and two trades per day, the equal allowance is about $166.67 per trade.

Calculation method

Weekly budget = current balance × weekly risk percentage. Remaining budget = weekly budget − safety reserve − realized losses − open-position risk. Equal trade allowance divides the remainder by days left × trades planned per day.

AVOID THESE ERRORS

Common mistakes

  1. Using the firm’s entire maximum drawdown as a one-week budget
  2. Ignoring open risk carried overnight
  3. Increasing trade count after losses to recover faster
  4. Treating unrealized profit as guaranteed risk capacity
  5. Omitting fees, gaps and slippage
  6. Forgetting that firm daily limits still apply inside a weekly plan
FREQUENTLY ASKED

Questions and answers

Should a profitable day increase the weekly budget?

This conservative model does not add profits to the budget. Use a different rule only when it is explicitly defined in your written plan.

Does this replace a daily risk budget?

No. A weekly ceiling and a stricter daily ceiling can work together; the smaller available allowance should control.

What happens when the weekly budget is exhausted?

The tool displays a $0.00 conservative cap, signaling that no additional risk fits the values entered.

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USEFUL NEXT TOOLS

Continue the workflow

FREE TOOLPosition Size CalculatorCalculate an estimated forex position size from account balance, chosen risk, stop distance, and pip value.FREE TOOLRisk-to-Reward CalculatorCompare entry, stop, and target distances, calculate the risk-to-reward ratio, and see the break-even win rate before a simulated trade.FREE TOOLProp-Firm Drawdown CalculatorEstimate daily and maximum loss room, planned-trade headroom, and equal-loss capacity for a simulated prop-firm challenge.FREE TOOLRisk Amount CalculatorConvert an account balance and selected risk percentage into a clear maximum dollar amount for one planned trade.FREE TOOLRisk Percentage CalculatorCalculate what percentage of an account is actually at risk from a planned dollar loss, position, or completed trade.FREE TOOLStop-Loss Distance CalculatorMeasure the exact distance between entry and stop in price units, pips, points, or ticks before calculating position size.
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.