How the US100 Profit Calculator Works
This calculator is intended for traders who want to get their net profit or loss resulting from trades on the US100 index, also known as the Nasdaq 100. This is a must for every trader in order to monitor the performance of their trading and make proper decisions.
- Entry Price: Now enter the price at which you entered the trade.
- Exit Price: Enter the price at which you exited the trade.
- Quantity: Input the amount of contracts or units traded.
- Trading Fees: Include all the related fees, broker charges, and platform costs.
- Calculate: Click the "Calculate Profit" button to calculate your net profit or loss and the percentage of profit.
US100 Profit Formula:
The net profit is calculated using the formula:
Net Profit = (Exit Price - Entry Price) * Quantity - Trading Fees
The profit percentage is calculated as:
Profit Percentage = (Net Profit / (Entry Price * Quantity)) * 100
This calculator is crucial for traders working with the US100 index to assess their trades and refine their strategies. For further reading on trading the Nasdaq 100, you can check out this Nasdaq 100 Trading Approaches.