Profit and loss calculator
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What a trade makes or costs between two prices, at your size.
Trade
P/L = (exit price - entry price) x direction x units x multiplierDirection is 1 for a long and -1 for a short. Everything is worked out in the currency the instrument is quoted in and converted to your account currency once, at the end.
- Long 0.50 lots of EURUSD from 1.0850, closed at 1.0920.
- 0.50 lots is 50,000 units.
- 1.0920 - 1.0850 = 0.0070 of price movement.
- 0.0070 x 50,000 = $350.
Worth knowing
It answers the price question only. Enter your real fill prices rather than the levels you planned and the spread is already inside the answer. Commission and overnight swap sit outside it.
Set the direction to short and enter the prices as they happened. Selling higher than you buy back returns a profit, and the calculator handles the sign for you.
Usually the conversion rate. A trade in a pair not quoted in your account currency is converted at the moment it closes, and any reference rate used here is close to that rather than identical to it.
The calculation is the easy half
Connect your broker once and Edge learns from your trades, journal and practice to show you what to fix, sizing included. Free to start.