The Candleread Tool Desk
Nine professional calculators the desk uses every session. Position sizing, pip value, margin, compounding, and more — free forever, no account required, no tracking.
Sizing & Exposure
4 toolsPosition Size Calculator
Let the math pick your lot size.
Input account size, risk percent, and stop distance. Get the exact lot size for every trade. The single most important calculator in retail trading.
Pip Value Calculator
Know what a pip is really worth.
Calculate the dollar value of one pip for any pair and any lot size. Stop guessing and start sizing with precision.
Margin & Leverage Calculator
See your exposure before you click buy.
Input lot size, pair, and broker leverage. See required margin, free margin, and the real exposure of your position.
Lot Size Converter
Standard, mini, micro, units — instantly.
Convert between standard lots, mini lots, micro lots, and raw currency units. Simple, fast, no ambiguity. Every trader needs this.
P&L & Risk
2 toolsProfit / Loss Calculator
Simulate trades before you take them.
Input entry, exit, and lot size. See the exact dollar P&L and pip movement. Useful for journaling and for running what-if scenarios.
Risk : Reward Calculator
Find your breakeven win rate.
Input entry, stop, and target. Get your risk-to-reward ratio and the win rate you need to break even. The math every discretionary trader ignores.
Growth & Recovery
2 toolsCompounding Calculator
What consistent returns actually do.
Input starting balance, monthly return, and months. See the compounded growth curve. A reality check for traders chasing moonshots and for disciplined traders planning years out.
Drawdown Recovery Calculator
The math that should scare you.
Input a drawdown percentage. See the gain you need to recover. A 50% drawdown needs a 100% gain. This is why risk management exists.
Tools are useless without the rules.
Every calculator on this page answers a specific question. The curriculum teaches you WHY each question matters.