This calculator works out the exact price level to set your take-profit order, based on your entry price, position size, and the Rand profit you're aiming to lock in.
Enter your trade details and desired profit, and the calculator returns the precise take-profit price.
This calculator is for educational purposes only and doesn't account for spread or commission. It should not be considered financial advice.
The Profit Target Calculator works backward from a broader monthly or account-level income goal to suggest realistic targets. This Take Profit Calculator works from a single specific trade, your entry price, position size, and desired Rand profit, to the exact price level you need to set.
Not necessarily, this calculator gives you the price level matching your desired Rand return, but genuinely effective take-profit placement should also account for real technical levels, resistance, support, or prior swing highs and lows, not purely a Rand target in isolation.
Yes, select your direction, for a long (buy) position, the take-profit price sits above your entry, for a short (sell) position, it sits below your entry, and the calculator adjusts automatically.
Yes, calculate your stop-loss distance separately, then set your desired profit amount here as a multiple of that risk to match a target ratio, for example, doubling your risked Rand amount for a 1:2 ratio.
Not necessarily, this calculator is useful for working backward from a specific desired Rand outcome, but many experienced traders instead set take-profit based on genuine technical levels like resistance, then check the resulting risk-reward ratio.
Not automatically, a take-profit level significantly beyond what current market conditions or technical structure realistically support may simply mean the price never actually reaches it, an achievable target matters more than sheer size.
This calculator computes a fixed take-profit price, if you plan to use a trailing stop instead of a fixed target, the dynamics differ, since a trailing stop adjusts as price moves favourably rather than exiting at one predetermined level.
Ideally before, having a predetermined take-profit level as part of your overall trade plan removes in-the-moment emotional decision-making about when to exit once the trade is genuinely live and moving.
Yes, depending on your order type and instrument, the spread can mean price needs to move slightly beyond your exact take-profit level for the order to trigger and fill, worth accounting for on tightly-set targets.