Let's say you want to trade the S&P 500 index (SP500):

• You decide to risk a maximum of $100 on this trade (this is your “Maximum amount to risk in this trade”).
• Your target is to make $200 in profit (this is your “Target profit of this trade”).
• You expect the S&P 500 to rise, so you open a Long (Buy) position.
• You select Indices as asset CLASS and the S&P 500 as the exact asset
• The current price of the S&P 500 is 5000.

After entering these details into the calculator and clicking ‘Calculate,’ the tool might shows you:

Stop Loss (SL) at: 4950.00

Take Profit (TP) at: 5100.00

You can now “copy” these two values and use them as your Stop Loss and Take Profit levels

Let's say you want to trade the stock Apple (AAPL):

• You decide to risk a maximum of $100 on this trade (this is your “Maximum amount to risk in this trade”).
• Your target is to make $200 in profit (this is your “Target profit of this trade”).
• You expect the Apple stock price to rise, so you open a Long (Buy) position.
• You select 1 lot as asset CLASS. You don’t have to select an individual stock as only the opening price matters. Just select US Stocks as the exact asset.
• For the trade size, you choose “40”, which equals 40 Apple shares.
• The current price of AAPL is $220.

After entering these details into the calculator and clicking ‘Calculate,’ the tool shows you:

Stop Loss (SL) at: 217.50

Take Profit (TP) at: 225.00

You can now “copy” these two values and use them as your Stop Loss and Take Profit levels

Let’s say you want to trade the currency pair EUR/USD

• You decide to risk a maximum of $100 on this trade (this is your “Maximum amount to risk in this trade”).
• Your target is to make $200 in profit (this is your “Target profit of this trade”).
• You expect the Euro (EUR) to rise in value compared to the US Dollar (USD), so you open a Long (Buy) position.
• You select Forex as asset CLASS and the EUR/USD as the exact asset.
• For the trade size, you choose “0.3”, which equals 0.3 lots (30,000 units of the base currency, which in this case is EUR).
• The current price of EUR/USD is 1.10500.

After entering these details into the calculator and clicking ‘Calculate,’ the tool shows you:

Stop Loss (SL) at: 1.10167

Take Profit (TP) at: 1.11167

You can now “copy” these two values and use them as your Stop Loss and Take Profit levels