Daksh Analytics

Tools / Calculator

Position sizer. How many shares or lots for the risk you accept.

Decide the rupees you accept to lose on one trade, then let the stop decide the quantity. The boxes start with example numbers. Change them to yours.

Method described by Dr. Van K. Tharp (Van Tharp method). Daksh Analytics is not linked to them.

Default ₹10,00,000. Allowed 1,000 to 100 crore.

Default 1. Most guides keep it between 0.5 and 2.

Where you plan to get in. Allowed 0.01 to 1,00,00,000.

Where you leave and accept the loss.

Only used to show the result in R. Leave empty to skip.

HYPOTHETICAL

Rupees at risk (1R)
–
Quantity
–
Position value
–
% of capital
–

Enter valid numbers to see the size.

What each result is worth in rupees

ResultRupees

Results are hypothetical and for illustration only. Not a guarantee. Not investment advice.

How it works. In plain words.

Start from the money, not the shares. Capital times your risk per cent gives the rupees you accept losing on this one trade. Van Tharp calls that amount 1R.

The gap between your entry and your stop is the loss on one unit if the stop is hit. Divide 1R by that gap and you have the quantity. It is rounded down to whole shares, or to whole lots for NIFTY and SENSEX, so you never risk more than 1R. The rupees left over are shown.

The table then shows the same position at -1R, 0R and up to +3R. A planned exit is only a way to see the result in R. It is not a forecast. Warnings appear when the position is bigger than your capital (leverage) or when you risk more than 2% on one trade.

Next, see what your results say about your method with the expectancy and SQN calculator.

For the curious

1R = capital x risk% / 100

stop distance = |entry - stop|

lots = floor(1R / (stop distance x lot size)), quantity = lots x lot size (lot size is 1 for shares)

position value = quantity x entry price; % of capital = position value / capital

result in R = (exit - entry) / stop distance for a long position, reversed for a short one

Important information
  • Education only. Not investment advice. Daksh Analytics is not SEBI-registered.
  • The numbers come only from what you type. Nothing is sent anywhere.
  • Past results do not predict future results.
  • Derivatives carry a high risk of loss.

See Terms, Privacy and Data sources.

Educational only. Not investment advice. Daksh Analytics is not SEBI-registered. These are teaching calculators that use only the numbers you type in; they cannot know your real costs, taxes, slippage or how markets will behave.

Plain-language note. Education only. Not investment advice.