Results
Profit and loss
Pips and money from an entry, an exit and a direction. Example numbers are filled in so the arithmetic is visible. They are not live quotes.
- P/L
- US$100.00
- Pips
- 10.0
- Quote currency
- 100.00 USD
Formula. Quote-currency P/L = direction × (exit − entry) × contract size × lots. Long is +1 and short is −1. Pips = that price change ÷ pip size. Conversion uses the exit price when the account currency is the base currency.