Hello,
I found lots of ROI formulas, but none for Forex specifically. I'd like to know my ROI for each trade. Here is one formula that I found:
ROI = (Gains from Investment - Cost of Investment) ÷ Cost of Investment
Gains of Investment = Net Profit
What is the Cost of Investment in Forex? Does it refer to Lots? And, if it does, a mini lot for example, then how do you translate it into a formula?
I would appreciate any comment, any help. I spent hours with this, but I can't figure it out.
attiM
I found lots of ROI formulas, but none for Forex specifically. I'd like to know my ROI for each trade. Here is one formula that I found:
ROI = (Gains from Investment - Cost of Investment) ÷ Cost of Investment
Gains of Investment = Net Profit
What is the Cost of Investment in Forex? Does it refer to Lots? And, if it does, a mini lot for example, then how do you translate it into a formula?
I would appreciate any comment, any help. I spent hours with this, but I can't figure it out.
attiM