Final price divided by the initial price.
0.6 1÷ 0.6 = 1.0167
(Final price divided by initial price) multiply by your trading money.
1.0167 * 2000 = 2033
You trade with $2000
You make $2033
You earn $33
$33 of $2000 makes it $33 of 100% ($2000) money used to trade.
33 = x
2000 = 100
Cross multiply
X * 2000 = 33 * 100
X = 33 * 100 ÷ 2000
X = 1.65%
Which means $33 that you gained is 1.65% of $2000 that you used to trade.
I do not know if this can have a single formula that can be used.
Topic: Calculating Profit or Loss - page 2. (Read 336 times)
I'm trying to create a Google Sheets tracker or my Crypto trades.
How would I calculate a percentage gain or loss on my account balance?
Let's say I have $2000 in my trading account, and I place a trade that goes from 0.6000 to 0.6100 (100 ticks).
How would I calculate that as a percentage gain and a monetary gain on my account?
Appreciate the help,
JH
How would I calculate a percentage gain or loss on my account balance?
Let's say I have $2000 in my trading account, and I place a trade that goes from 0.6000 to 0.6100 (100 ticks).
How would I calculate that as a percentage gain and a monetary gain on my account?
Appreciate the help,
JH
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