Help myfxbook calculator got my position size incorrect
Hey All I am a new trader and I don't know where the error was here. My Prop account was at 9969.58 and I was risking 0.5% on a trade. I plugged the data including the stop loss size of 4.1 Pips into the calculator and it spit back out this information as shown in the image. The problem is when I opened the position with the information from the calculator for some reason I ended up risking WAYYYY More and I have no idea where Almost double. What was supposed to be a risk of $49.85 Turned into $75.00 and I have absolutely no clue as to what I may have done incorrectly.Prop firm: Equity EdgeAccount size at time of trade: 9969.58Stop loss: 4.1 pipsLot Size given: 1.86Risk in Dollars: $49.86Actual outcome $75.00 excluding commission.Please assist 
Hey 👋 no worries, this happens to a lot of new traders.The issue likely comes from a pip/point mismatch — especially if you were trading gold or indices.
Most calculators treat 1 pip as 0.0001 (for forex pairs), but for gold, 1 pip = 0.10, not 0.01.So when you entered a 4.1 pip stop, the calculator saw it as much larger than it actually was, giving you a bigger lot size than intended.
Next time, double-check how your broker defines a pip for that instrument, and always include the spread in your stop size before calculating.
You’re doing great — everyone learns this the hard way at least once! 💪
