Profit Calculator WTI/USD
Calculate profit for WTI/USD
Inputs
Calculate price difference
1.002 - 0.999 = 0.004
= 0.4 pips
Calculate pip value
For {pair}, approximately {value} per standard lot 0.5 lots = $0.50
= $0.50
Multiply by pip value
0.4 × $0.50
= $0.20
For WTI/USD profit calculations: WTI/USD uses 2-decimal pricing (0.01 per pip) since USD is valued in hundreds per unit. Contract size: 100 units. Typical spreads: 4.0-6.0 pips.
Frequently Asked Questions
How do I calculate profit for a WTI/USD trade?
For WTI/USD, profit = (exit price - entry price) × lot size × contract size (100). For 2-decimal pairs, divide price difference by 0.01 to get pips.
How do I convert WTI/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 WTI/USD profit calculation?
Yes, spread reduces profit on WTI/USD trades. You pay the spread when entering, so your trade starts slightly negative. Factor this cost into your profit targets.