Estimate the profit or loss of a trade from your entry, exit, direction and size.
Pips—
Profit / loss (quote currency)—
Profit / loss (USD)—
Excludes spread, commission and overnight financing.
How profit and loss is calculated
For a buy (long) trade you profit when the exit price is above the entry price. For a sell (short) trade you profit when the exit price is below the entry. The result is:
P/L = (exit − entry) × contract size × lots (reversed for a short), in the pair's quote currency, then converted to your account currency.
Example
You buy 1 lot of EUR/USD at 1.0850 and sell at 1.0900. That's a 50-pip move × $10 per pip = $500 profit, before costs.
Disclaimer: results are estimates for educational purposes and assume standard contract sizes (100,000 units for forex, 100 oz for gold, 5,000 oz for silver). Check the contract specifications in TradeLocker before trading. CFDs are leveraged products and you can lose your money.
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