US Oil (WTI) Lot Size Calculator for FXIFY

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US Oil (WTI) position sizing requires careful attention to its volatile nature and point-based pricing structure. Unlike forex pairs where you're dealing with pips to the fourth decimal, oil moves in full points with each point worth $10 per standard lot. This makes position sizing calculations more straightforward but demands respect for oil's inherent volatility. With an average daily range of 1.5 points, oil can easily move $15 per lot in a single session. This relatively tight range compared to other commodities means you can use tighter stop losses, but the 4% daily loss limit at FXIFY requires discipline. A typical intraday stop might be 30-50 points, while swing trades could warrant 80-100 point stops depending on market structure. Worked example on a $10,000 account: For 1% risk ($100) with a 50-point stop, divide $100 by $500 (50 points × $10) = 0.2 lots. For 2% risk ($200) with the same stop, you'd use 0.4 lots. These smaller position sizes are essential given oil's tendency for sudden moves on inventory reports, geopolitical events, or OPEC announcements. Oil suits prop trading well due to its clear technical levels and predictable session patterns. The New York session often provides the best liquidity and volatility. However, be mindful that oil can gap significantly on weekends due to geopolitical developments. FXIFY's 10% max drawdown rule pairs well with oil trading since the instrument typically offers good risk-reward setups when traded around key support and resistance levels. The 10% profit target is achievable given oil's trending nature during major moves.

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