What fxRiskMaster does:

fxRiskMaster calculates the Optimum Position Size for any trade you want to enter, thus protecting you from both under and over-sizing your trades.

You set your desired risk parameters and fxRiskMaster does the calculations for you.

fxRiskMaster downloads current market pip values, so calculations are based on up to the minute data.

You always know exactly how much you have at risk, in dollars, in pips, and in account percentage. You know whether you can afford another trade.

You know the dollar value of a pip for your trade position.

If you move your stop loss into profit, you know how much profit you’ve locked in, in pips and in dollars, and you also know whether your risk profile will allow you to enter another trade as a result of profit you locked in by moving your stop.

You have a record of the cumulative performance of your trading system, by several measures, including % Gain/Loss, average pips per trade, average win/loss size ratio, reliability (win %) and expectancy (average Reward:Risk ratio).