IQ Option Wiki offers many various tools that can improve your trading performance. You will find among them the Gain-Loss Calculator. Let’s see how it works and how it can help you on your way to success.
Instructions: How to use the Gain-Loss Calculator on IQ Option Wiki website
To use the calculator properly, you will need to fill in some of the details about your trading. First, note what is the amount of money you have in your account at the beginning of your trading session.
Then, write in the corresponding field what was the amount of money you have won or lost in the first transaction.
In the above example, the initial investment amount was $10,000. The transaction has ended successfully and the profit was $87.11. After you enter this information, the calculator will show you the winnings as a percentage value, and what is the amount of cash left in your trading account. Moreover, it will inform you how much you can afford to lose before the balance in the account return to the initial level.
Furthermore, you can check what is the overall profit or loss you have managed to earn in a day. To do that, just add the results from each trade you have made and write the sum in the adequate box in the IQ Option Wiki calculator.
In our example, there was one lost transaction and three winning ones. The calculations will look as follows:
P/L = 87.11 + 87.11 – 100 + 261.22 = $ 335.44
Now, you write your initial balance again, choose “won” option and write $335.44. The calculator will show you this amount in the percentage value, how much money left in your account and how much you can lose before returning to the balance you had started with.
Use the IQ Option Wiki calculator to monitor the balance account.
Are you familiar with the Gain-Loss Calculator? Have you been using it? Tell us about your experience in the comments section available down below the site.
Wish you high profits!
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