Valetax's "Profit and Loss Calculator" works before placing an order. I enter the lot size and expected price position, and it calculates my approximate profit and loss, helping me manage my risk. However, the calculator only calculates theoretical values and doesn't factor in spreads and commissions, so there's always a slight discrepancy after actual trades.
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Valetax's "Profit and Loss Calculator" works before placing an order. I enter the lot size and expected price position, and it calculates my approximate profit and loss, helping me manage my risk. However, the calculator only calculates theoretical values and doesn't factor in spreads and commissions, so there's always a slight discrepancy after actual trades.
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