1. Calculating Trade Net Profit
Day TraderBackground
A trader bought 100 shares at $100 and sold them at $120, with a $5 commission on each side of the trade.
Problem
Determine the exact net profit after accounting for the $10 total in transaction fees.
How to use
Set Buy Price to 100, Sell Price to 120, Shares to 100, and both commissions to 5.
Outcome
The calculator determines a gross profit of $2,000, minus $10 in fees, resulting in a net profit of $1,990.