Calculating profits and losses of your currency trades

FxPro also has a mobile app available for both Apple and Android devices, which includes all these CFD Calculators to help you trade on the go. Could you please share a screenshot of the platform terminal when you have a one lot open position? When opening and closing many positions it can be easy to lose track of the performance of your individual trades. I think you are the only website that offers calculators of this quality and that have such ease of use. May 19, at 3: However, this may not always be the case.

Use the Calculate button. The profit/loss is shown below this button (a negative value indicates a loss). To compare new values, just change them and use the Calculate button again to see the results.

Realized and Unrealized Profit and Loss

Your trade is executed at The difference is your loss and is calculated as follows: Note that your loss is in JPY and must be converted back to dollars. OANDA uses cookies to make our websites easy to use and customized to our visitors.

Cookies cannot be used to identify you personally. To block, delete or manage cookies, please visit aboutcookies. Restricting cookies will prevent you benefiting from some of the functionality of our website. For easy calculation, use the following tools: The difference is your profit: You decide to sell back 10, USD at Your position size calculator is correct. Sir, Thank you for guiding us with different strategies of trading. It would be of great help if you add all the pairs in the profit calculator tool.

Speaking about lot sizes, 9. Hi i have an a demo account through mt4 and two accounts one for me and one for my brother. His is is through metaquotes and mine is through mb trading. Is this normal and if so what could cause this discrepancy. As I see, every week there is an extra candlestick on the first chart. That extra candlestick is related to Sunday afternoon and it is because of the daily candlestick close time which is not properly set on the first platform.

Thanks I was thinking the broker was manipulating the price some how, im pretty sure mbtrading is one of the rare ecn brokers that take us citizen but im still doing home work on it as i demo trade. Having an EA like this will be very helpful to us. Can you add the option of entering the stop-loss value to the calculator so that we can have an exact value of our stop loss?

Therefore, you should already know where you will place the stop loss. I just want to have all the data available in the calculator otherwise there is no problem with it. But how can 0. Is there an easier calculator to know the size of the posiion I need to take? When the second decimal is 5 or greater, you add one unit to the first decimal. When the second decimal is below 5, you just omit it. Hello Chris, How r u first of all? I have found another question in my mind that I need to ask u.

But now I am confused that why there is shown the different position size of one currency pair. Maybe that is more accurate than our calculator. What do I do in this situation? For my understanding, please kindly correcting me. If the previous scenario was bound to a daily chart, should we stick with this time frame and grind through?

You will lose your money easier there. This article will teach you basics of prolonging your trading capabilities. This eBook shows you the shortest way to acheive Financial Freedom: Thank you for voting. View Results Hide Results.

Just before you go, did you check This System? Make sure to do it now, otherwise you will regret. Article by LuckScout Team. March 28, at 3: June 29, at December 11, at 5: December 12, at 8: December 12, at December 28, at 7: January 22, at 3: February 6, at February 7, at February 16, at 7: February 17, at 6: February 19, at February 22, at 7: February 24, at 6: February 28, at 1: March 1, at 5: March 29, at March 29, at 3: April 3, at 2: April 3, at 3: April 3, at 4: April 4, at 5: April 4, at 3: April 7, at 5: April 8, at 1: May 4, at 8: May 5, at 5: May 18, at 3: May 19, at 3: May 20, at 9: May 20, at 2: May 21, at June 17, at 4: June 22, at 2: June 23, at 5: July 28, at July 29, at 2: August 2, at 3: August 2, at August 4, at 2: August 4, at 1: August 10, at 4: August 10, at 8: August 10, at 2: August 11, at 4:

Managing Your Trade

The actual calculation of profit and loss in a position is quite straightforward. To calculate the P&L of a position, what you need is the position size and the number of pips the price has moved. The actual profit or loss will be equal to . Forex Leverage Micro Lot Broker: Understanding how to calculate pip value and profit/loss requires a basic knowledge of currency pairs and crosses. the USD rate is usually used in the quote calculation. An example of a cross rate is the EUR/GBP. Again, the EUR is the base currency and the GBP is the quote currency. Trade CFDs on forex and use the FxPro Calculator for your profits. Online trading with a UK-regulated broker. CFDs are a leverage product and can involve a .