Tools
Free tools for prop firm traders
Size every trade by risk, and know exactly how far you are from your daily loss and max drawdown limits. No sign-up needed.
ToolPosition size calculatorWork out the lot size for a trade from your balance, risk and stop loss, for forex pairs, gold, silver and indices like NAS100 and GER40.Open the tool →ToolProp firm drawdown calculatorSee exactly how much you can still lose today before breaking your prop firm's daily loss or max drawdown rule, static or trailing.Open the tool →ToolGold lot size calculatorLot size for gold (XAUUSD) from your balance, risk and stop distance in dollars, with your stop in pips and points and take-profit levels at 1R, 2R and 3R.Open the tool →
Guides
GuideProp firm challenge rules, explainedWhat each rule in a prop firm challenge means: profit target, daily loss limit, max drawdown, minimum trading days and time limits, with worked examples.Read the guide →GuideTrailing vs static drawdownStatic drawdown stays put; trailing drawdown follows your best balance or equity. How each works, worked examples, and how to trade under each.Read the guide →GuideHow to backtest a forex strategy with bar replayA practical method for manual backtesting: write the rules, replay real charts without hindsight, log every trade, and read the results honestly.Read the guide →GuideHow to pass a prop firm challengeWhy most traders fail prop firm challenges and how to pass one: risk per trade, daily stop, a written plan, practice under the real rules, and the mistakes to avoid.Read the guide →GuideDaily drawdown, explainedHow prop firms measure the daily drawdown (daily loss limit): balance or equity, when the day resets, open trades, worked examples and how to stay inside it.Read the guide →