US Oil (WTI) Lot Size Calculator for AquaFunded

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Instrument Guide

US Oil (WTI) is one of the more volatile commodities, making position sizing critical for survival. The 1.5-point average daily range means your stop losses need breathing room - anything under 30-40 points will get stopped out by normal market noise. I typically use 50-80 point stops depending on the setup and timeframe. The $10 pip value per lot makes calculations clean. On a $100k AquaFunded account, your daily loss limit is $5,000. With a 60-point stop loss at 1% risk ($1,000), you can trade 0.167 lots maximum. At 2% risk ($2,000), that becomes 0.33 lots. These might seem like small positions, but oil's volatility means they can move significantly. Key difference from forex: oil respects technical levels beautifully but can gap overnight on inventory data or geopolitical news. The Wednesday EIA inventory report at 10:30 AM EST regularly moves oil 100+ points in minutes. Plan your position sizes around these events - either close before major news or size down dramatically. This instrument suits AquaFunded's rules well. The 5% daily loss limit gives you multiple attempts even with 1-2% risk per trade, and the 10% profit target is achievable with oil's trending nature. However, the overnight gap risk means you need strict risk management - never risk more than you can afford to lose on a gap. Contract specifications are straightforward: 1 lot = 1,000 barrels, minimum tick is $0.01 ($10). Unlike indices with complex multipliers, oil's pricing is intuitive. Focus on the fundamentals - supply/demand, inventory levels, and geopolitical tensions drive the big moves that make this instrument profitable for prop traders.

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