Gold (XAU/USD) Lot Size Calculator for Quant Tekel

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Instrument Guide

Gold presents unique position sizing challenges due to its volatility and round-the-clock trading nature. With a 25-point average daily range, you're looking at significant intraday swings that demand careful stop placement. Unlike forex pairs, gold's price action tends to respect psychological levels and can gap dramatically during news events, making your stop loss placement critical. The $10 pip value per lot makes calculations clean, but don't let that simplicity fool you. Gold's tendency to trend strongly means you need wider stops than you might expect - typically 15-20 points for swing trades, or 8-12 for scalping during London/New York overlap. Worked example: On a $10,000 account with 1% risk ($100), using a 15-point stop, you'd calculate: $100 ÷ (15 points × $10) = 0.67 lots. At 2% risk ($200), same stop: $200 ÷ $150 = 1.33 lots. Always round down for safety. The 25-point daily range means your stop should typically be 30-60% of this range, depending on your timeframe. Anything tighter and you'll get stopped out by normal market noise; anything wider and you're fighting the instrument's natural rhythm. For Quant Tekel's prop environment, gold works well given the 4% daily loss limit and 8% profit target. The instrument's trending nature aligns with the firm's risk parameters, but respect those overnight gaps - they can blow through stops faster than you can blink. The key is position sizing small enough that even a gap against you won't violate the daily loss limit.

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