The Candleread Tool Desk
16 tools the desk runs every session. Position sizing, pip value, margin, compounding, P&L cards, and more — free forever, no account, no tracking.
Sizing & Exposure
5 toolsPosition Size Calculator
Let the math pick your lot size.
Account size, risk percent, stop distance in. Exact lot size out. The single most important calculator in retail trading.
Pip Value Calculator
Know what a pip is really worth.
Dollar value of one pip on any pair, any lot size. Stop guessing and size with precision.
Margin & Leverage Calculator
See your exposure before you click buy.
Lot size, pair, broker leverage in. Required margin, free margin, and your real position exposure out.
Lot Size Converter
Standard, mini, micro, units — instantly.
Convert between standard, mini, and micro lots, plus raw currency units. Simple, fast, no ambiguity. Every trader ends up needing this.
Currency Converter
Convert between 8 major currencies instantly.
Quick cross-rate converter for USD, EUR, GBP, JPY, AUD, CAD, CHF, NZD. Approximate mid-market rates — use your broker's live quote for precision.
P&L & Risk
6 toolsProfit / Loss Calculator
Simulate trades before you take them.
Entry, exit, lot size in. Exact dollar P&L and pip movement out. Great for journaling and what-ifs.
Risk : Reward Calculator
Find your breakeven win rate.
Entry, stop, target in. R:R and the win rate you need to break even out. The math most discretionary traders ignore.
P&L Card Generator
Turn trade results into share cards.
Create a clean trade-result card for X, Discord, Telegram, or your group chat. Built for organic traction and honest journaling.
Crypto Profit Calculator
BTC, ETH, altcoins — with leverage and fees.
Exact profit or loss on any crypto trade. Handles leverage, entry/exit fees, ROE, and estimated liquidation. Works for BTC, ETH, SOL, anything.
Swap / Rollover Calculator
The hidden cost of holding overnight.
Daily and total overnight financing (swap) for holding forex positions. Drop in your broker's swap rates, lot size, and holding period.
Spread Cost Calculator
The invisible tax on every trade.
Real dollar cost of spread per trade, per month, per year. Shows spread as a percentage of your typical target so you can see how much edge it eats.
Growth & Recovery
3 toolsCompounding Calculator
What consistent returns actually do.
Starting balance, monthly return, months in. Compounded growth curve out. A reality check for moonshot chasers, and a roadmap for the disciplined.
Drawdown Recovery Calculator
The math that should scare you.
Plug in a drawdown percentage. See the gain you need to recover. A 50% drawdown needs a 100% gain — this is why risk management exists.
Crypto Profit Scenario Calculator
If it 10x'd, what would I have?
Buy-and-hold projection tool. Type in the dollars and current price, see what the position is worth at 2x, 5x, 10x, 100x, or any custom target. Includes a reverse calculator for 'what price do I need?'
Levels & Analysis
2 toolsFibonacci Calculator
Key levels in one click.
Drop in a swing high and swing low. Get 23.6%, 38.2%, 50%, 61.8%, 78.6% retracements plus 127.2%, 161.8%, 261.8% extensions. Works for uptrends and downtrends.
Pivot Point Calculator
Key levels from yesterday's price action.
Pivot, three resistances, and three supports from the prior session's high, low, and close. Classic, Fibonacci, Woodie, and Camarilla methods.
Tools without rules don't save accounts.
Every calculator here answers a specific question. The curriculum teaches you why the question matters in the first place.