Hey thought some of you might be interested in this spreadsheet I made.
I use it to calculate position sizes based on my risk percentage.
I think its pretty obvious how it works but here is a quick rundown:
Under ‘account value in local currency’ you put your account balance in your local currency (the currency you use in your trading account). Under ‘local exchange rates’ you put the exchange rate for your local currency to the currency in the list. In my case NOKEUR, NOKUSD, NOKJPY, etc.
You can then change risk per trade and your stop loss for that position.
I hope this helps you with calculating your position sizes.