Trading Profit Calculator
Know your exact P&L before you exit. On a prop firm account, every dollar of loss counts against your daily limit and drawdown. Pick your firm below for firm-specific calculations.
Why P&L Precision Matters on Prop Firms
On a personal account, being off by $50 on a P&L calculation is annoying. On a prop firm account with a $1,000 daily loss limit, being off by $50 can mean the difference between staying within limits and getting terminated.
The most common P&L calculation errors on prop firms: forgetting to include spread (1.5 pips = $15/lot), not accounting for commission ($3-7/lot round-trip), and miscalculating JPY pair pip values. These small errors compound across multiple trades per day.
Frequently Asked Questions
How do I calculate profit and loss in forex?
Forex P&L = (Exit Price - Entry Price) x Lot Size x Contract Size. For a standard lot (100,000 units) on EUR/USD: buying at 1.0800 and selling at 1.0850 = 0.0050 x 100,000 = $500 profit. For JPY pairs, divide the pip difference by the exit price first.
How do I calculate profit and loss in futures?
Futures P&L = Price Change x Point Value x Number of Contracts. For ES (E-mini S&P 500): a 10-point move x $50/point x 1 contract = $500. For NQ (Nasdaq): a 10-point move x $20/point x 1 contract = $200. For CL (Crude Oil): a $1.00 move x $1,000/point x 1 contract = $1,000.
Does spread affect my profit calculation on prop firms?
Yes. Spread is the difference between bid and ask price and acts as an immediate cost. On a 1.5-pip spread for EUR/USD, you start every trade $15 in the red per standard lot. This matters on prop firm accounts because spread costs count toward your daily loss limit. Always include spread in your risk calculation.
How do I factor in commissions for prop firm P&L?
Most prop firms charge commissions on top of spread. Typical rates: $3-7 per lot round-trip for forex, $2-4 per contract round-trip for futures. Add commission to your risk calculation. On a $1,000 daily loss limit, $7 commission per lot on 10 trades = $70 already consumed before any market moves.