Want to find out how much you stand to gain from a trade? By using our Stop Loss/Take Profit calculator you can find out exactly how much you could potentially gain or lose or gain if your respective Stop Loss/Take profit levels are reached.
Buy / Long
Sell / Short
Open
Value/Pip
Lots
Amount to Risk
Amount to Gain
| Stop Loss at | Take Profit at |
0:00 |
0:00 |
| Stop Loss (Pips) | Take Profit (Pips) |
0:00 |
0:00 |
| Open: | 1.087 | Value/Pip: | 0.118 |
|---|---|---|---|
| Lots: | 5.00 | Amount to Risk: | 200 |
| Amount to Gain: | 100 | ||
| Results | |||
| Stop Loss at: | 1.0531 | Take Profit at: | 1.1039 |
| Stop Loss (Pips): | 339 | Take Profit (Pips): | 169 |
MANAGE YOUR RISKThe global markets can be extremely volatile. The last thing you want as a trader is to blow all capital on a disastrous trade. Good risk management is key to being a successful trader. Regardless of how well your research a trade sometimes the market doesn’t go your way. From elections to rate hikes, many factors can influence the market, sometimes unpredictably.
Using Stop Loss is an effective way to limit your losses in the event the market doesn’t go your way.
Think of it as your trading safety net.
