Know Your Stats!

Find out your correct position size.

Use monte carlo simulation with your existing trading system or trading strategy, % or R Multiples. 

Calculate your maximum drawdown, expected drawdown and other statistical key numbers with manual or file input.

The simulator can deal with R-multiples and percentages. Moreover, it can also suggest you what to improve to not hit your desired maxium drawdown.

Use your Trading History as Input

To know exactly where your system will take you, which drawdowns you have to expect and how to deal with them appropriately.


Free articles about trading related topics, that help make you a better trader.


Risk Management Masterclass

Niclas Hummel Trading - Risk Reward Reality.


45-Minute-Course about reading Spread, Tape and Orderbook to improve your short-term trading

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Access to “Futures Tapereading Course”

Who I am

My name is Niclas, I'm trading futures since 6 years.

Leveraged products offer a high risk exposure and 95% of people don't understand the real risks in trading them.

I teach traders how to understand risk on a professional level. Moreover, I created the Risk Simulator to give the trader community a tool, that is useful for anyone who trades a trading system.

If you want to improve your risk management skills and learn more about trading. Visit my courses or read articles in my blog section.

Risk Disclaimer

Before buying or selling any kind of derivatives, you should carefully review the rules and regulations of the exchanges offering the system and/or listing the instruments you intend to trade. Trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. You should understand these and additional risks before trading. None of the information provided on this website constitutes a solicitation to trade any investment or security of any kind. Read the full Risk Disclaimer.

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