Profit Calculator NGAS/USD
Calculate profit for NGAS/USD
Inputs
Calculate price difference
1.0025 - 0.9985 = 0.0040
= 40.0 pips
Calculate pip value
For {pair}, approximately {value} per standard lot 0.5 lots = $0.05
= $0.05
Multiply by pip value
40.0 × $0.05
= $2.00
For NGAS/USD profit calculations: NGAS/USD uses 3-decimal pricing where one pip equals 0.001. Contract size: 1,000 units. Typical spreads: 4.0-7.0 pips.
Frequently Asked Questions
How do I calculate profit for a NGAS/USD trade?
For NGAS/USD, profit = (exit price - entry price) × lot size × contract size (1,000). For 3-decimal pairs, divide price difference by 0.001 to get pips.
How do I convert NGAS/USD profit to my account currency?
If your account is in USD, profit is already in that currency. Otherwise, convert using the current exchange rate between USD and your account currency.
Does spread affect my NGAS/USD profit calculation?
Yes, spread reduces profit on NGAS/USD trades. You pay the spread when entering, so your trade starts slightly negative. Factor this cost into your profit targets.