Risk tool 06
Stop-loss calculator
Estimate a stop price from quantity and a maximum loss budget.
Educational estimate
Calculated stop$98,200.00
Price distance1.80%
Loss at stop$90.00
Cost buffer$10.00
Use the venue preview as the final source for fees, margin, and estimated liquidation.
A stop is a trigger, not a guaranteed fill. Fast markets can execute beyond the trigger price.
Read the full guideMethod and limits
A stop price is a planning input
The calculator translates quantity and maximum loss into a trigger distance. After activation, a stop-market order can fill beyond that price, while a stop-limit order may not fill.1
Check whether the provider triggers from mark, index, mid, bid, ask, or last price. Those values can diverge during stress.23
Source desk
Source 1 / U.S. Securities and Exchange Commission, Investor.gov / accessed 28 July 2026Types of ordersSource 2 / Novrinex Research / accessed 28 July 2026Educational methodology and price assumptionsSource 3 / SEC Investor.gov / accessed 28 July 2026Types of ordersSource 4 / Novrinex / accessed 28 July 2026Calculator assumptions and educational methodology