• Header banner 1

For instance, you buy Japanese YEN in exchange for US Dollars or sell Swiss Francs for Canadian Dollars.

The forex market is a currency market that operates 24 hours a day with trillions of dollars being traded daily. Different currencies are exchanged with the motive of making forex profit. The major factors that encourage speculators to buy or sell in the forex market include leverage, liquidity, and easy accessibility. Trading in the foreign exchange market always takes place in currency pairs.

For instance, you buy Japanese YEN in exchange for US Dollars or sell Swiss Francs for Canadian Dollars. Due to changes in the forex rate or currency exchange rate, the value of your forex investment keeps fluctuating. Factors affecting the currency exchange rates include economic and political events.

Tips to Calculate Forex Market Profit and Loss

As a wide range of currencies are traded in the forex market and traders buy and sell contracts of different sizes, the calculation of forex profit and loss may seem like an intimidating task. However, profit and loss in the forex market can be calculated through the following simple steps:

Identify the Size of Contract

There are 100,000 units of the base currency in a standard forex contract. For instance, one contract involving a pair of CHF/USD denotes 100,000 CHF measured in US Dollars. A mini contract is ten times smaller than a standard size contract and denotes 10,000 units of the base currency.

Obtain the Pip Value

When the US Dollar is the second currency in a currency pair, the value of a pip is $1 in a mini contract and $10 in a standard contract. In such a case, for a mini contract, you can find the forex profit or loss through the summation of the number of pips. For a standard contract, the number of pips is multiplied by 10 to calculate the forex profit or loss.

When the base currency is the US Dollar, finding profit or loss requires more calculations. Find out the difference between prices at the entry and exit and divide the resulting figure by the exchange rate to obtain forex profit or loss in Dollars. For instance, if you buy a standard USD/CHF contract at the rate of 77 and exit the trade at 77.35. In this trade, you gained .35 x 100,000 = 35,000 CHF. To convert this figure into Dollars using the latest market rate, you get 35,000/77.35 = 452.49, which is your forex profit in this trade.

Like stocks and mutual funds, forex trading also involves the risk that occurs due to fluctuations in the forex market. Due to the high risk involved in forex trading, the returns are also generally higher. A trader should balance security and risk to his comfort level to achieve his short- and long-term financial goals.

#Tips to Calculate Forex Market Profit and Loss,

Comments (73)

TwikvgFriday 22nd of October 2021 03:20 AM
slot machine - online casinos for usa players real money casino online

OkadczWednesday 20th of October 2021 07:11 PM
buy stromectol europe - ivermectin oral solution ivermectin 3mg tablets

KydesiTuesday 19th of October 2021 03:08 PM
ivermectin stromectol - buy ivermectin stromectol buy stromectol online

EweykfMonday 18th of October 2021 11:50 AM
tadalafil 30mg tablet - Buy discount cialis online no rx pharmacy

ivermectin tabletsSunday 17th of October 2021 05:37 PM
what kind of arthritis do i have different allergies ivermectin 12 mg ivermectin tablets ivermectin tablets ivermectin for sale ivermectin 6 mg https://ivermectstromect.com/# ivermectin for humans

TnwlwpSunday 17th of October 2021 11:18 AM
india generic cialis - cialis coupon best price for daily cialis

EsejrkSaturday 16th of October 2021 10:08 AM
viagra purchase online - best price viagra female viagra in india price

canadian pharmaciesFriday 15th of October 2021 09:10 AM
asthma research disorders of the gastrointestinal system online pharmacies online pharmacies https://canadianexpresspharm.com/# online pharmacies

QqoayxFriday 15th of October 2021 04:18 AM
mail order viagra canada - sildenafil generic viagra price comparison canada

IqpsutWednesday 13th of October 2021 12:57 PM
ivermectin 12 - purchase oral ivermectin generic ivermectin online

IqxyoqTuesday 12th of October 2021 10:46 AM
stromectol cost in usa - ivermectin lotion price ivermectin 50ml

ivermectin for humansMonday 11th of October 2021 03:41 PM
best treatment for hair loss arthritis types ivermectin 12 mg ivermectin tablets ivermectin for sale ivermectin 12 mg ivermectin for sale humans https://ivermectinstrom.com/# ivermectin 3 mg

RsnaxiMonday 11th of October 2021 03:23 AM
buy cialis by paypal - cialis 100mg china buy discount cialis

BmgtsoSaturday 09th of October 2021 10:19 AM
prednisone in canada - prednisone 20 where can i buy prednisone without a prescription

online pharmaciesSaturday 09th of October 2021 07:07 AM
seasonal allergies symptoms common seasonal allergies canadian drugstore online pharmacies https://canadianexpresspharm.com/# online pharmacies

equamekawFriday 08th of October 2021 04:47 PM

DknrsaFriday 08th of October 2021 01:50 AM
buy cialis - were can i buy cialis cialis tablets 20mg for sale

HvwcotThursday 07th of October 2021 12:14 AM
sildenafil 110 mg capsule - viagra next day delivery usa generic viagra 100mg best price

OnzfzuTuesday 05th of October 2021 06:38 PM
ivermectin 250ml - price of ivermectin tablets ivermectin pills human

PmrijdMonday 04th of October 2021 12:21 PM
orlistat medication - orlistat cancer risk orlistat dosis recomendada

StarbuhSunday 03rd of October 2021 10:31 PM
http://prednisonebuyon.com/ - Prednisone

GktyqbSunday 03rd of October 2021 09:31 AM
kamagra gold 100mg online - buy vidalista 20 mg online 20%off cenforce 120 mg

WezqfdSaturday 02nd of October 2021 04:45 AM
hydroxychloroquine brand name - define hydroxychloroquine buy prednisone mexico

PrednisoneSaturday 02nd of October 2021 01:25 AM
Pacific Care Pharmacy

ZnzzfwThursday 30th of September 2021 10:08 AM
vardenafil coupons - canadian pharmacy meds reviews erectile dysfunction drugs

DkqbioTuesday 28th of September 2021 05:37 AM
lowest price sildenafil - Cialis without rx canadian pharmacy tadalafil 20mg

ivermectin 12 mgSunday 26th of September 2021 10:40 PM
allergy recipes losing hair female ivermectin tablets ivermectin for sale ivermectin tablets ivermectin for humans for sale ivermectin for sale humans https://ivermectstromect.com/# ivermectin tablets

EyndymSunday 26th of September 2021 10:18 PM
ivermectin 3mg online - stromectol ivermectin tablets ivermectin iv

YktflzSaturday 25th of September 2021 04:52 PM
best essay service - edit letter cheap research paper writers

EvwstsFriday 24th of September 2021 02:12 PM
how to get accutane australia - accutane price in usa where to buy accutane online uk

ZvibfoThursday 23rd of September 2021 09:42 AM
tadalafil buy online - tadalafil prescription online tadalafil 20mg

order hydroxychloroquine onlineThursday 23rd of September 2021 06:53 AM
diseases of digestive system vitamins for arthritis ivermectin and hydroxychloroquine hydroxychloroquine online https://hydroxychloroquineplaquen.com/# plaquenil

nunkknidsThursday 23rd of September 2021 04:18 AM
zithromax for std

ivermectin 12 mgWednesday 22nd of September 2021 11:47 AM
menopause and hair loss male hair growth ivermectin for sale humans ivermectin 12 mg ivermectin 6 mg ivermectin 3 mg ivermectin for humans https://ivermectinsts.com/# ivermectin for humans

GfsfdfWednesday 22nd of September 2021 03:00 AM
generic sildenafil online - silepilled sildenafil online

emusuafTuesday 21st of September 2021 05:09 AM
https://buypriligyhop.com/ - Priligy

BbvygvMonday 20th of September 2021 10:02 PM
ivermectin price uk - stromecin buy stromectol usa

VlvgnaSunday 19th of September 2021 05:56 PM
stromectol for lice - ivermectin coronavirus generic stromectol online

hydroxychloroquine plaquenilSunday 19th of September 2021 01:00 PM
Acheter Lioresal En Ligne

seastelekSaturday 18th of September 2021 02:59 PM

PriligySaturday 18th of September 2021 11:49 AM
levitra jugement

OyjgolSaturday 18th of September 2021 10:03 AM
doxycycline 150 mg cost comparison - compare prednisolone prices prednisolone 5mg tab

encogmaSaturday 18th of September 2021 01:26 AM
https://buyzithromaxinf.com/ - Zithromax

SqueesyFriday 17th of September 2021 11:17 AM
https://buylasixshop.com/ - Lasix

YxhxgaFriday 17th of September 2021 01:33 AM
cytotec 200 canada - where to buy cytotec online cytotec usa

JesqxrWednesday 15th of September 2021 08:13 PM
ventolin price canada - ventolin pills albuterol sulfate inhaler

MmwcfjTuesday 14th of September 2021 02:06 PM
how much is furosemide - furosemide without a prescription lasix 40mg to buy

EagegnaltMonday 13th of September 2021 07:03 PM
stromectol tablete

UkswejMonday 13th of September 2021 10:35 AM
deltasone price in india - how to get prednisone without a prescription prednisone 20mg

ceanulpSunday 12th of September 2021 11:55 PM
online cialis

OyvtzqSunday 12th of September 2021 08:55 AM
stromectol for humans for sale - ivermectin humans ivermectin 6 mg tablets

WetsstariFriday 10th of September 2021 09:50 PM
https://buytadalafshop.com/ - Cialis

QlaetcThursday 09th of September 2021 09:25 PM
online otc pharmacy - Cialis for women tadalafil price 5mg

ZsryhcWednesday 08th of September 2021 12:28 PM
viagra 20mg price - Order viagra us how can i get viagra prescription

AxhzbkTuesday 07th of September 2021 06:46 AM
essay writing assistance - help essay writing essay writing sites

HaurombMonday 06th of September 2021 11:39 AM
https://buystromectolon.com/ - stromectol walgreens

TgvqarMonday 06th of September 2021 02:20 AM
methylprednisolone tablet - lyripill.com prescription drug lyrica

generic cialis tadalafilSunday 05th of September 2021 05:09 AM
Viagra Wurzel

NtxnqoSaturday 04th of September 2021 02:07 PM
amoxicilin brand name - amoxicillin for sale for humans 500 mg where to buy amoxicillin 500 mg

KvwonxFriday 03rd of September 2021 08:01 AM
accutane for sale south africa - accutane 5 mg 10mg accutane where to purchase

EnwelsThursday 02nd of September 2021 03:55 AM
prednisone 1 tablet - deltasone generic prednisone 20 mg price india

YzkaicWednesday 01st of September 2021 01:53 AM
ivermectin 4 tablets price - buy ivermectin nz

BeampaiptTuesday 31st of August 2021 09:33 AM
http://buypropeciaon.com/ - buy cheap propecia uk

StromectolTuesday 31st of August 2021 07:38 AM
cialis generique angleterre

MdzglbMonday 30th of August 2021 11:44 AM
vardenafil generic - buy generic levitra online buy vardenafil paypal

TazrwhSunday 29th of August 2021 08:49 AM
generic cialis 20mg price - cialis 20 mg discount coupon cheap cialis without prescription

PropeciaSunday 29th of August 2021 01:34 AM
Northwestern Pharmacy Canada

OaunbbFriday 27th of August 2021 10:03 PM
paypal viagra australia - viagra tablet 25 mg

OcwbucThursday 26th of August 2021 09:29 AM
cost of neurontin 800 mg - 2000 mg neurontin generic levothyroxine canada

FxoiojWednesday 25th of August 2021 12:30 AM
doxycycline 250 mg - doxycycline 40 mg capsules generic doxycycline

KjzddvMonday 23rd of August 2021 12:27 PM
buy cytotec india - where to buy cytotec in usa cytotec medicine

IyuzybSunday 22nd of August 2021 02:50 AM
ventolin over the counter - buy ventolin buy ventolin online

TzckonFriday 20th of August 2021 12:37 PM
stromectol liquid - ivermectin 1 ivermectin uk coronavirus

Write a Comment

Forex Featured Brokers


100% Welcome Bonus
$140 No Deposit Bonus
Broker Type : STP/ECN
Leverage up to 1:3000

Start Trading View Profile »

Free Trading Signals
Leverage - up to 1:200
Min: Deposit: $250
Broker Type: STP/ECN

Start Trading View Profile »

100% Free Bonus
Minimum Deposit $5
Leverage up to 1:1000

Start Trading View Profile »

$30 No Deposit Bonus
120% Deposit Bonus
Leverage up to 1:3000
Minimum Deposit $10

Start Trading View Profile »

100% Deposit Bonus
Minimum Deposit $10
Leverage up to 1:777
Broker Type: NDD

Start Trading View Profile »

50% Deposit Bonus
Leverage up to 1:400
Minimum Deposit $100
Broker Type: NDD

Start Trading View Profile »