Profit / Loss Calculator.
Calculate exact profit or loss for any forex or CFD trade based on entry price, exit price, lot size, and trade direction. Essential for trade planning and post-trade review.
Using Profit / Loss Calculator
This calculator helps with two critical use cases: (1) Planning trades before entering by calculating expected P&L at target prices, and (2) Reviewing trades after exit for journaling and analysis.
How P&L is calculated
For long trades, profit when exit > entry. For short trades, profit when exit < entry.
Pre-trade planning
Before entering, calculate P&L at multiple target prices to determine risk-reward ratios. Never enter a trade with R:R worse than 1:1 – typically aim for 1:2 minimum.
Post-trade review
After closing a trade, compare actual P&L with planned P&L. Variance reveals execution issues like slippage, premature exits, or stop hunting.
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Calculate P&L before entering, review after exiting. Trading without calculations is gambling.
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