Risk ManagementComing Soon
Kelly Criterion Calculator
Review a theoretical position fraction from win-rate and payoff assumptions.
FREE TRADING TOOLS
Free Trading Calculators
Free trading calculators to plan risk, reward, and your next trade.
Risk Management
4 toolsPlan your risk, potential reward, and break-even assumptions before every trade.
Risk ManagementFree
Position Size Calculator
Estimate a position size from account risk and the distance to your stop.
Open CalculatorRisk ManagementFree
Drawdown Recovery Calculator
See the return required to recover from a specified drawdown.
Open CalculatorRisk ManagementNew
Monte Carlo Simulator
Explore how different trade sequences can shape a strategy’s equity path.
Open CalculatorFutures
2 toolsPlanned tools for reviewing contract, margin, and price-movement assumptions.
FuturesFree
Futures Calculator
Calculate futures profit or loss and size a position against a chosen risk limit.
Open CalculatorFuturesComing Soon
Futures Margin Calculator
Estimate the initial margin required for a planned futures position.
Technical Analysis
1 toolStudy common chart-based retracement and extension levels between price points.
Options
1 toolA planned calculator for comparing options position outcomes.
OptionsComing Soon
Option Profit Calculator
Compare possible options outcomes from price, premium, and quantity inputs.
Prop Firm
1 toolPlanned help for challenge cost and payout assumptions.
Prop FirmComing Soon
Prop Firm ROI Calculator
Compare challenge fees and payout assumptions to estimate a break-even point.
Trade Analysis
3 toolsReview trade outcomes with one live calculator and planned analysis tools.
Trade AnalysisFree
Risk/Reward Calculator
Compare potential reward with potential risk, then check the break-even win rate for your planned levels.
Open CalculatorTrade AnalysisComing Soon
Stock Profit Calculator
Estimate a stock position’s price-change P&L from its share quantity.
Trade AnalysisComing Soon
Compound Growth Calculator
Illustrate how repeated gains and losses compound over time.
Templates & Downloads
3 toolsDownload editable templates for your trading process.
ResourcesNew
Trading Journal Template
A manual 14-column CSV journal for logging setups, levels, size, and outcomes.
Download CSVResourcesNew
Trading Checklist
An editable 8-check CSV for reviewing a trade plan before entry.
Download CSVResourcesNew
Trading Plan Template
A 12-prompt CSV for documenting markets, rules, risk limits, and review notes.
Download CSVFEATURED TOOL
Risk/Reward Calculator
Compare potential loss and reward from your entry, stop, and target, then check the break-even win rate for those levels.
Open CalculatorBY SITUATION
Tools for Every Stage of a Trade
Choose the part of your trading process you want to prepare or review.
PLANNING
Before the Trade
Review planned position-sizing tools; the live Risk/Reward Calculator is listed under Trade Analysis.
MARKETS
Futures Trading
Calculate futures profit or loss from a price move, then size contracts to keep planned risk within your limit.
Open Futures CalculatorRECOVERY
After a Drawdown
Use 500 simulated paths to compare recovery probability, expected value, and simplified account limits.
Open Recovery CalculatorPROP FIRM
Challenge Prep
The Prop Firm ROI Calculator is Coming Soon. The Trading Plan Template is available in Resources.
Build a More Consistent Trading Process
Track trades, review your decisions, and keep your trading journal in one place with BitStat.
Start Tracking with BitStatFrequently Asked Questions
What is a Monte Carlo simulation in trading?
A Monte Carlo simulation explores how different win and loss sequences can affect an equity path. The Drawdown Recovery Calculator runs 500 paths for its recovery scenario, while the standalone BitStat Monte Carlo Simulator explores broader trade-sequence equity paths.
Are BitStat trading calculators really free?
The public Risk/Reward Calculator, Position Size Calculator, Drawdown Recovery Calculator, Monte Carlo Simulator, and CSV templates are free to use without an account. The Prop Firm ROI Calculator is marked Coming Soon.
How accurate are trading calculator results?
The current Risk/Reward Calculator reports arithmetic from the prices and position size you enter, before fees. Results depend on those inputs and do not predict market outcomes or include every execution cost.
How is position size calculated?
The Position Size Calculator uses your account balance, risk percentage, entry, and stop loss to calculate a whole-share amount. It rounds down so the planned risk stays within the selected budget.
How long does it take to recover from a drawdown?
There is no fixed recovery time. The Drawdown Recovery Calculator simulates 500 paths from your entered win and loss assumptions and reports the median only among paths that return to the peak. Limits and a trade cap can end a path first, so the estimate is a scenario rather than a prediction.
Do I need a BitStat account to use these tools?
No account is required for the public Risk/Reward Calculator, Position Size Calculator, Drawdown Recovery Calculator, Monte Carlo Simulator, or downloadable CSV templates. The Prop Firm ROI Calculator is not available yet.
Which markets does the Risk/Reward Calculator support?
It works with the price levels and position size you enter and does not connect to live quotes. You can use values from different markets, but verify each instrument’s contract and point value yourself.