Trade Calculator
Profit/Loss Calculator
Calculate potential profit or loss based on entry, exit prices, and lot size.
Projected P/L (USD)
$500.00
50 pips
Pip Value
$10.00
Price Change
0.461%
Use this result in your trading workflow
Log the result and compare it against the trades you actually take.
How to Use This Calculator
1
Select trade direction — Choose LONG (buy) if you expect price to rise, SHORT (sell) if you expect it to fall.
2
Enter entry and exit prices — The price you enter at and the price you plan to exit.
3
Set your lot size — Number of standard lots for the trade.
4
Select currency pair — The pair you're trading to get accurate pip values.
5
Review your P/L — See projected profit or loss in dollars and pips.
What is a Profit/Loss Calculator?
A Profit/Loss Calculator projects your potential gain or loss before you enter a trade. It considers entry price, exit price, lot size, and direction (long/short).
This tool is essential for trade planning — you should always know your potential outcome before placing a trade, not after.
By combining P/L calculation with risk/reward analysis, you can make rational trading decisions based on numbers rather than emotions.
Key Features
Long and Short trades
Entry/Exit price input
Multiple lot sizes
All currency pairs
Pip count display
Dollar P/L result
Similar Tools You Might Find Useful
Pip Value
Calculate the monetary value of a pip for any currency pair and lot size.
Margin
Calculate the required margin to open a leveraged forex position.
Leverage
Understand your leverage exposure and calculate your effective leverage ratio.
Compounding
Project your account growth with compound returns over time.
Position Size
Calculate optimal lot size based on your risk percentage and stop loss distance.
Risk/Reward
Visualize and calculate risk-to-reward ratios for your trade setups.
Frequently Asked Questions
Long means buying (profiting when price goes up). Short means selling (profiting when price goes down). The calculator adjusts the P/L formula based on your direction.
This calculator shows raw P/L without spread or commission costs. You should subtract your broker's spread and any commissions from the result for accurate net P/L.
Yes. Select XAUUSD for Gold or US30/US100 for indices. The calculator automatically adjusts pip values and contract sizes.