Top Gun Trading Blue Collar Trading, White Collar Results
* Remember to convert fractions to decimals!
We also have a Top Gun Trading Percentage Calculator that you can download for free! It works great. Just enter opening price and closing price and it will calculate the percent +/- for the trade. You can download the free calculator HERE
Calculating profits is very easy and simple. The equation is:
Closing Price (the price at which you sold) minus Opening Price (the price you paid) divided by the Opening Price.
For Example:
You bought XYZ at $1.00
You sold XYZ at $1.20
(1.20 - 1.00) / 1.00 = .20 (or 20%) profit
*Of course, you need to subtract you commission the broker charges as part of your overall profit margin.
This total gain/loss can also be done with dollar amounts if you wish to figure in commissions
For example:
You paid $1000 for XYZ with a $10 commission fee (total investment = $1010)
You sold XYZ for $1200 with a $10 commission fee (total money back to you = $1190)
(1190 - 1010) / 1010 = .1782 (or 17.82%) profit
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