Thanx for the help guys!
Harold that was extremely helpful,calculated the +/- % of my last 3 trades in a minute,thank you so much!
Topic: Calculating profit(%) you made from a trade (Read 219 times)
Just divide your gross profit by revenue and express it in percentage, that will give you your percentage profit.
In your case,
Your profit would be (0.16993431 - 0.13993431) = 0.03
Your revenue was 0.16993431, so divide the gross profit by the revenue and multiply by 100.
(0.03/0.16993431)*100 = 17.65%
I hope that helps.
In your case,
Your profit would be (0.16993431 - 0.13993431) = 0.03
Your revenue was 0.16993431, so divide the gross profit by the revenue and multiply by 100.
(0.03/0.16993431)*100 = 17.65%
I hope that helps.
Ok guys,if this belongs to the beginners/help section im so sorry,just tell me and ill remove it instantly.
Basically i'd like to understand how you calculate profit %.
Say you bought 1 Litecoin at 0.13993431 Btc per Unit.
Later,i sold that 1 Litecoin at a price of 0.16993431,for a profit of 0.003 Btc.
How can i calculate how much +% is that 0.003 i earned compared to my original investment?
Please,post if you know the formula,and also it would be great if you gave me an additional example(of a theoretical trade)!
Thanx in advance!
Im not good at math at all, you can do the mathematical calculation yourself or you can simply find some website that will do the job automatically, example:
https://www.skillsyouneed.com/num/percent-change.html
Here it is explained how it works, and you also got a calculator if you are too lazy. In your case, put original number as the price in BTC you bought LTC at, then new number the price you sold at, and the percentage increase of 21.44%.
This is pretty basic math taught in high school as far as I remember.
Ok guys,if this belongs to the beginners/help section im so sorry,just tell me and ill remove it instantly.
Basically i'd like to understand how you calculate profit %.
Say you bought 1 Litecoin at 0.13993431 Btc per Unit.
Later,i sold that 1 Litecoin at a price of 0.16993431,for a profit of 0.003 Btc.
How can i calculate how much +% is that 0.003 i earned compared to my original investment?
Please,post if you know the formula,and also it would be great if you gave me an additional example(of a theoretical trade)!
Thanx in advance!
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