Stop Loss Calculator

Find a stop price or estimate loss at an entered stop, including optional quantity and cost allowances.

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Know what the number means

How it works

A stop price is a trigger level; the eventual execution price may differ. The displayed loss is an estimate at that level, not a guaranteed maximum loss.

The formula

Long stop = entry × (1 − distance %) Short stop = entry × (1 + distance %) Price risk = |entry − stop| Estimated loss = quantity × (price risk + allowance) Compatible quantity = budget ÷ (price risk + allowance)

Keep currency, units and time periods consistent. Percentage inputs use percentage points (enter 5 for 5%). Results are rounded only for display; tiny nonzero values may use scientific notation. Undefined ratios are shown as unavailable.

Worked example

A long at $100 with a 2% stop produces a $98 stop price. Risk is $2 per unit; 50 units have a $100 estimated gross loss at that price.

Calculation method

For a long position the stop must be below entry; for a short it must be above entry. Percentage mode computes this directional relationship. Price mode checks the relationship you enter.

Interpretation

A maximum-loss budget gives a compatible quantity under the price and cost assumptions. A positive fixed budget overrides balance times risk percentage. Use Position Size to add contract multipliers and broker increments.

Method and reference sources

Method and content checked 2026-09-20. These sources provide background, not endorsement or professional certification. The formula and limitations above define this calculator.

Frequently asked questions

Is the displayed stop price an execution guarantee?

No. It is a mathematical level from your risk inputs. An order can fill at a different price during gaps or thin trading.

What is a worked example for Stop Loss?

A long at $100 with a 2% stop produces a $98 stop price. Risk is $2 per unit; 50 units have a $100 estimated gross loss at that price.

Keep the decision connected.