Explore potential outcomes of your trading plan and gain insights into the win-loss, your risk, and your reward with this simple yet powerful day trading profit calculator.
Please fill all the fileds above to see the result.
If you start with a capital of [starting_capital], risk [daily_risk] per day, and trade [trading_days] days per month with a success rate of [win_rate], you could generate an estimated profit of [month_profit] per month.
FAQ
The calculator estimates your potential monthly trading profits based on your inputs, such as starting capital, win rate, risk-reward ratio, daily risk, and trading days. It provides insights into both profits and possible drawdowns.
Use it to test different trading scenarios and evaluate the impact of changing factors like win rate or risk-reward ratio. It’s a great way to refine your strategy and set realistic goals.
The win rate is the percentage of trades you expect to win. For example, a 60% win rate means you win 6 out of 10 trades. It’s a key factor in predicting profitability.
The risk-reward ratio compares the potential loss to the potential gain in a trade. For instance, a 1:2 ratio means you’re risking $1 to potentially make $2. Understanding this helps manage risk and maximize profitability.
Daily risk refers to the maximum amount of your capital you are willing to lose in a single trading day. Many traders recommend risking only 1-2% of your total capital daily.
Maximum drawdown shows the largest potential drop in your account balance during a losing streak. This helps you understand the potential risks of your strategy.
The results are hypothetical and based on the inputs you provide. While they offer valuable insights, they do not guarantee actual performance as market conditions, emotions, and external factors can vary. This tool does not account for fees, commissions, or taxes. Make sure to factor these into your overall calculations separately.