How is this calculated?

Your daily loss limit in dollars is either the dollar amount you entered, or your account size multiplied by the percentage you entered. Your risk per trade in dollars is either the dollar amount you entered, or your account size multiplied by the percentage you entered. Remaining daily risk budget equals your daily loss limit minus whatever you have already lost today. Losing trades remaining equals your remaining daily risk budget divided by your risk per trade, rounded down to a whole trade. This assumes every remaining loss is a full loss at your stated risk per trade. A partial loss or a smaller stop would let you take more trades before hitting the limit. This tool does not track your actual trades or account balance. You enter today's numbers, it does the arithmetic.

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How many losing trades can I take before I hit my daily loss limit?

Q: How many losing trades can I take before I hit my daily loss limit?

Calculates how many more losing trades you can take today before you hit your daily loss limit, based on your account size, daily loss limit, risk per trade, and any losses already taken today.

Most traders blow up chasing the setup they missed, not the one in front of them.

Jason Parker, Founder of Trading Habits

Enter Your Numbers

Your Result

Fill in the fields on the left and click Calculate to see how many more losing trades you can take today before you have to stop.

Visualizing It

How this is calculated

Your daily loss limit in dollars is either the dollar amount you entered, or your account size multiplied by the percentage you entered.
Your risk per trade in dollars is either the dollar amount you entered, or your account size multiplied by the percentage you entered.
Remaining daily risk budget equals your daily loss limit minus whatever you have already lost today.
Losing trades remaining equals your remaining daily risk budget divided by your risk per trade, rounded down to a whole trade.
This assumes every remaining loss is a full loss at your stated risk per trade. A partial loss or a smaller stop would let you take more trades before hitting the limit.
This tool does not track your actual trades or account balance. You enter today's numbers, it does the arithmetic.

Risk & liability disclaimer: This calculator produces a mathematical estimate based on the numbers you enter. It is not financial advice and does not guarantee any trading outcome. Trading involves risk of loss, and a daily loss limit does not prevent losses, it only defines when to stop for the day. 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.

How many losing trades can I take before I hit my daily loss limit?

Enter Your Numbers

Your Result

How this is calculated

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