Profit / Loss Calculator
Calculate the result of a trade in US Dollar terms before or after you take it, based on entry and exit price, position size, and direction.
Trade details
Direction
How this Profit / Loss calculator works
- Pick the instrument you're trading and your account currency (USD by default, the norm for prop firm challenges).
- Choose the direction of the trade: Buy/Long if you expect the price to rise, Sell/Short if you expect it to fall.
- Enter your position size in lots (standard, mini or micro; editing one updates the others automatically, since 1 standard lot = 10 mini lots = 100 micro lots).
- Enter the entry price (pre-filled with the current market price for the chosen instrument) and the exit price you want to test.
- The calculator works out the price movement, converts it to pips, and multiplies by the contract size and lot size to get the gross result, then converts that into your account currency.
- Enter your account balance to see the trade's result as a % return on the account, and the resulting new balance.
Why it matters for challenge-fit
Most traders pick a challenge based on price or brand. The problem is that the same trade behaves completely differently depending on account size.
A $500 loss on a $5,000 account is 10% of your drawdown limit gone. On a $50,000 account, it's 1%.
Enter your real numbers and see which challenges actually fit the way you trade before you pay for one that doesn't.
Disclaimer
Current prices are illustrative starting points, since live quotes change constantly and depend on the data provider. Always confirm against your platform before trading.