What the P&L Calculator Does
A futures P&L calculator computes the exact dollar profit or loss for any trade given: the contract type, entry price, exit price, and number of contracts. It handles all the multiplier math so you don't have to.
How to Use the Doit Connect Futures Calculator
- Open Futures Calculator.
- Select your contract (ES, MES, NQ, MNQ, CL, GC, etc.).
- Enter your entry price and exit price.
- Enter number of contracts.
- See instant P&L, ticks gained/lost, and commission estimate.
Multiple Scenarios at Once
Use the calculator to plan multiple scenarios before trading: "If price hits my target at 18,600, I make $X. If it hits my stop at 18,450, I lose $Y." Knowing these numbers in advance removes emotion from execution.
Commission Calculation
Don't forget to include exchange fees and broker commissions. Typical round-trip commission for micro futures ranges from $0.72 to $2.00 per contract per round trip. On small accounts with micro contracts, these commissions can be a significant percentage of your P&L.