What is Trade Return Calculator?
A Trade Return Calculator is a valuable tool for traders to estimate the potential returns from trades. This tool takes into account various trade parameters to provide an accurate calculation of profit or loss. Here's a short overview:
- Enter your start balance. Input the total amount of capital available in your trading account before making the trade.
- Set desired number of trades. Enter the number of trades that you wish to see. The available amount is in range between 1 and 100.
- Enter your typical risk. This is the amount you typically risk per trade as a percentage of your account.
- Set Risk:Reward. Enter the risk:reward ratio that you wish to target - for example, 2 or 3. You can use the corresponding buttons as well.
- Set Win/Loss percentage.
- After entering these details, click the Calculate button. The calculator will then compute the potential return, showing the expected profit or loss based on the provided data.