Calculation of profit and loss might be difficult when you are new to forex trading. However, once you start on a few trades, these calculations will come naturally to you. Great news – in MT4 platform, profit and losses are automatically calculated and converted back to your your base currency.
Calculate profit and loss in pips
Selling price – Closing price =
187.36 – 181.68 = 568 pips
Closing price – Buying price =
0.7412 – 0.7237 = 175 pips
“Live” actions and reviews from our students directly from our social media accounts. We don’t tweet winning trades only. We tweet losing trades as well. It’s just that we have more winners. Follow @terraseeds in twitter for live trades and forex ideas.