What is a forex rulebook?

A forex rulebook is a written set of personal trading rules with exact numbers: how much to risk per trade, daily and weekly loss limits, minimum risk-reward, position sizing and no-trade conditions. It converts guidelines into an executable process.

How much should I risk per forex trade?

0.5-2% of your account per trade, depending on your win rate and drawdown tolerance. 1% is the standard professional default. Never exceed 2% per trade.

How do I calculate lot size from my risk?

Divide the dollar risk by (stop distance in pips x pip value per lot). Example: risking $100 with a 50-pip stop on EURUSD (pip value $10/lot) = 100 / (50 x 10) = 0.20 lots. Round down to the nearest 0.01.

What is the 3-5-7 rule in forex?

Risk no more than 3% of equity across open positions, lose no more than 5% in a day, and no more than 7% in a week. Conservative traders halve these to 1.5% / 2.5% / 3.5%.

Personal Forex Rulebook Generator

Guidelines without numbers are just advice. Enter your account details below and this tool turns every rule from the 19 Forex Trading Guidelines into exact dollar figures, lot sizes and limits for your account.

Your Account

Account size (USD)

Leverage (e.g. 100)

Risk per trade (%)

Daily loss limit (%)

Pip value per 1.00 lot (USD)

Average stop distance (pips)

Your Numbers

How the Rulebook Works

The generator applies the four risk rules that all professional guidelines share:

Guideline 1: risk per trade = account x risk% — this is the only dollar number that matters for size.
Guideline 3: daily and weekly loss caps = account x limit%, and max consecutive losing trades before you stop for the day.
Guideline 7: lot size = risk $ ÷ (stop pips x pip value per lot), rounded down to 0.01.
Guideline 8: margin per lot = 100,000 ÷ leverage; the tool also shows your leverage exposure warning.

If your risk setting exceeds 2%, the tool refuses to generate a rulebook until you lower it — the same way a prop firm would reject your plan. Use the full guidelines or the pre-trade checklist alongside your rulebook.

Continue Your Build

Choose the next useful step

Most visitors arrive with one question: build, test, price, or trust. These shortcuts keep the path practical.

Get a Quote See Pricing

Trust Client Reviews See verified feedback before hiring a solo MT4/MT5 developer. Proof Case Studies Review dashboards, backtests, overlays and market-structure builds. Tools Free Calculators Check pip value, lot size, drawdown, spread, swap and prop-firm risk. Build EA Development Turn the idea into MQL4/MQL5 code with source and testing.