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Futures Profit and Loss Calculator: Complete User Guide

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

  1. Open Futures Calculator.
  2. Select your contract (ES, MES, NQ, MNQ, CL, GC, etc.).
  3. Enter your entry price and exit price.
  4. Enter number of contracts.
  5. 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.

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