Profit / Loss Estimator
Before you place a trade: see exactly what you stand to win or lose in dollars.
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How to use this
Most traders fixate on the chart and then check their broker's order ticket only after they've already decided to trade. That's backwards. Decide your stop based on chart structure, your target based on the level it makes sense to take profit, and then look at this calculator to see what those decisions cost you in dollars. If the dollar loss feels uncomfortable for the trade, your position size is too big - go to the Position Size Calculator and recalculate.
The dollar amounts here assume a USD-denominated account. For non-USD accounts, multiply by your live account-currency rate.
Choosing your size correctly? Try the Position Size Calculator →