To calculate profit and loss for trading orders based on the given recommendation, we need to determine the difference between the entry point, take profit point, and stop loss point.$THETA
Timeframe 1M (1 month):
Purchase order:
• Entry point: 1,700 USD
• Take Profit Point (TP): 2,000 USD
• Stop loss point (SL): 1,500 USD
Calculate profit and loss:
• If the price reaches the take profit target (TP):
• Profit = 2,000 USD - 1,700 USD = 300 USD
• Profit rate: (300 USD / 1,700 USD) * 100% ≈ 17.65%
• If the price reaches the stop loss point (SL):
• Loss = 1,700 USD - 1,500 USD = 200 USD
• Loss ratio: (200 USD / 1,700 USD) * 100% ≈ 11.76%
Timeframe 1W (1 week):
Purchase order:
• Entry point: 1,650 USD
• Take Profit Point (TP): 1,800 USD
• Stop loss point (SL): 1,550 USD
Calculate profit and loss:
• If the price reaches the take profit target (TP):
• Profit = 1,800 USD - 1,650 USD = 150 USD
• Profit rate: (150 USD / 1,650 USD) * 100% ≈ 9.09%
• If the price reaches the stop loss point (SL):
• Loss = 1,650 USD - 1,550 USD = 100 USD
• Loss ratio: (100 USD / 1,650 USD) * 100% ≈ 6.06%
Summary:
• 1 month frame:
• Potential profit: 17.65%
• Potential risks: 11.76%
• 1 week frame:
• Potential profit: 9.09%
• Potential risks: 6.06%
Recommendations:
• 1-month frame: Has higher profit potential but also comes with higher risk.
• 1-week frame: Lower profit and risk, suitable for short-term investors or those who want to reduce risk.
Make sure you have a specific risk management plan before participating in trading and always follow your principles to protect your investment capital.