Profit Calculator serves as a tool to calculate the profit from the forex trading positions that you have opened based on price, lot size, and certain currency pairs.
How to Use This Tool
- Select the currency that you want to trade on "Account Currency".
- Choose the pair of currency on "Currency Pair".
- Enter the opening and closing prices according to the trading conditions you planned.
- Select buy or sell position on "Buy or Sell?".
- Enter the number of trade sizes/quantity of transactions/units to be traded.
- Calculate the profit, and the profit/loss result will appear automatically.
The most important thing about profit is to maintain them consistently. There's no use in gaining a big profit if you can't follow it up with continuous success. To help you manage your trading management better, it is recommended to use other tools like: