Profit & Loss Calculator
Calculate potential profit or loss for any trade based on entry price, exit price, position size, and currency pair.
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How to Calculate Profit and Loss in Trading
Calculating potential profit or loss before entering a trade is essential for proper risk management. This calculator helps you determine the exact dollar amount you would gain or lose based on your entry price, exit price, and position size.
The P&L Formula
For Buy/Long: P&L = (Exit Price - Entry Price) / Pip Size × Pip Value × Lot Size
For Sell/Short: P&L = (Entry Price - Exit Price) / Pip Size × Pip Value × Lot Size
Key Concepts
- Buy/Long: You profit when the price goes up
- Sell/Short: You profit when the price goes down
- Always calculate potential loss before entering a trade
- Use this calculator alongside the Position Size Calculator for complete risk management
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Connect your broker account for real-time position sizing with live balance and leverage data. Plus AI-powered trade analysis, journaling, and more.
More Trading Calculators
Position Size
Calculate the optimal lot size or number of shares based on your account balance, risk percentage, and stop loss distance.
Risk/Reward
Evaluate trade quality by calculating the risk-to-reward ratio, break-even win rate, and expected value.
Pip Value
Calculate the monetary value of a single pip movement for any currency pair and position size.
Margin
Determine the required margin to open and maintain a trading position based on leverage and contract size.
Compounding
Project your account growth over time with compound returns and optional monthly contributions.
Break-Even
Calculate how many winning trades you need to recover from a losing streak and understand drawdown impact.