How to use the Gain and Loss Calculator
- Select buy or sell so the calculator interprets price direction correctly.
- Enter the planned entry and exit price.
- Choose the pip size for the pair.
- Set lots and pip value per lot.
- Compare gross P/L to your stop, target, and cost assumptions.
Formula
Pips = (Exit - Entry) / Pip size for buys
Pips = (Entry - Exit) / Pip size for sells
P/L = Pips x Lots x Pip value per lotExample
A 0.50 lot EURUSD buy from 1.08450 to 1.08900 moves 45 pips. At $10 per pip per lot, the estimated profit is $225 before costs.
What to watch
- This calculator shows clean gross math and does not deduct commission, swap, or slippage.
- A negative result is useful before entry because it shows the cost of being wrong.
- For partial closes, calculate each exit leg separately and add the results.
Frequently asked questions
Why is my short trade negative when price rises?+
For a sell, profit comes from exit being lower than entry. A higher exit means the trade moved against the short.
Does this include spread?+
No. Subtract spread, commission, and slippage separately if you need a net estimate.
Can this be used after a trade closes?+
Yes. Enter the real entry, exit, and lot size to check the rough P/L math.