US Oil (WTI) Lot Size Calculator for FTMO

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Oil position sizing requires careful attention to volatility - WTI moves differently than forex pairs. With an average daily range of 1.5 points, this market can hit stops quickly during news events or inventory reports. Don't be fooled by the seemingly small daily range - oil can gap significantly overnight, especially during geopolitical events. For stop loss placement, consider using 15-25 point stops to avoid getting chopped out by normal market noise. The 1.5-point average range means intraday swings of 0.5-1 point are common, so stops under 15 points often get triggered by routine price action. Worked example with 1% risk on $100k account: If using a 20-point stop, you're risking $200 per 0.1 lot ($10 pip value × 20 points × 0.1). To risk exactly $1000 (1%), trade 0.5 lots. At 2% risk ($2000), you'd trade 1.0 lot with the same 20-point stop. For a 15-point stop at 1% risk: $1000 ÷ (15 points × $10) = 0.67 lots. For 25-point stops: $1000 ÷ (25 × $10) = 0.4 lots. Oil suits FTMO's structure well because the $10 pip value makes position sizing calculations straightforward, and the moderate daily range allows for reasonable stop losses without excessive risk. However, be extra cautious around weekly inventory data (Wednesdays 15:30 GMT) and OPEC announcements - these can cause moves well beyond the average daily range. The key with oil is respecting the contract's tendency to gap and move fast during fundamental events.

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