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FOREX TRADING PROFIT & LOSS CALCULATOR

Calculate the profit and loss amout in your trade based on your TP and SL levels.









TAKE PROFIT: STOP LOSS:



How to use this FX Profit & Loss Calculator

Overview

Our FX Profit and Loss Calculator is a very unique tool that gives you very accurate value of the profit and loss amounts in units of the Base and Quoted currency. The tool also takes into consideration the JPY pair which has a different digits altogether and also makes provision for positive stop loss price levels if stop loss is moved above entry price for long position or below entry price for short position.

To Calculate your Profit and Loss, you need the following parameters:

Base Currency: This is the 3 letter symbol of the base currency e.g USD. Quoted Currency: This is the 3 letter symbol of the quoted currency e.g CAD. Lot Size: This is the volume used for your trade, that is 1, 0.1 or 0.01. 1 standard lot is 100,000 units of the base currency, 0.1 or mini lot is 10,000 units of the base currency and 0.01 or micro lots which is 1,000 units of the base currency. You can enter any specific lot size used other than this. See how to calculate Lots here. Entry Price: This is the price at which you entered the trade. Take Price: This is the price level at which you set your Take Profit. Stop Loss: This is the price level at which you set your Stop Loss.






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