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Author Topic: Calculating Profit or Loss  (Read 276 times)
deepblue01
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December 29, 2023, 02:33:58 AM
 #21

No, I trade spot and I don't use Leverage.

What would be the best way to trade to make the most gains with say $2000 in the account, without leverage?

What would be the best strategy for this situation?

JH

Without leverage there will be very less opportunities to take a trade and resist you to make more profits in less time.
You can use 2x leverage which is not too risky and in thIs case you can short the market too  which will give you more opportunities to enter a trade. More opportunities= more profit. But in last you need to be right most of the time to make profits.
That is another option, the more interesting thing is you can run more than 1 trade at the same time.
For example
If you want to take 1% risk, you have more option to trade like short/long up to 100x leverage and you dont have to use full balance
another 99% you can use to trade another asset class

Zigabel
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December 30, 2023, 07:58:46 AM
 #22

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
Visit babypips.com use their risk calculator I think that will help you can further put your answer in percentage but the calculator gives your answers with respect to monetary value also

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