How do you calculate dollar risk on a Futures position?

Dollar risk on a Futures position is calculated as: |Entry Price − Stop Price| × Contract Multiplier × Number of Contracts. The contract multiplier represents the dollar value per full point for that futures contract.

What is a reward-to-risk ratio?

The reward-to-risk ratio compares your potential profit to your potential loss. A 2R trade means you stand to make twice as much as you are risking if the trade hits your profit target.

Futures Trade Risk Calculator (ES, NQ, Gold)

How the Futures Trade Risk Calculator Works

Dollar Risk Per Trade

This tool converts your chart idea into hard numbers using the same formula institutional desks use:

Dollar Risk = |Entry − Stop| × Multiplier × Contracts

Every futures contract has a point value (multiplier) — the dollar value of one full point move. For example, NQ has a point value of $20 per contract, ES is $50, and so on.

Plug in your entry and stop, and the calculator instantly shows how much you stand to lose if the trade hits your stop.

Reward & R-Multiple

If you add a Take Profit level, the calculator also estimates your upside:

Reward = |Target − Entry| × Multiplier × Contracts

From there, your Reward / Risk (or R-multiple) is:

R = Reward ÷ Risk

A 2.0R trade means you stand to make twice what you’re risking. Tracking your average R across trades is how professionals grade their strategy.

Risk-First Trading with ProfitPulse

Most traders think in ticks and points. The pros think in dollar risk per trade, per day, and per week. Use this calculator alongside your Position Size Calculator and the ProfitPulse journal to build a repeatable risk process instead of trading on feel.