I’ve been diving into Forex trading for a while now, and one thing that always trips me up is figuring out profit margins. I know it’s super important to understand where I stand with my trades, but I sometimes feel overwhelmed with all the calculations. Do you have a formula or method that works well for you?

I typically try to look at my entry and exit points, but I’m unsure if I'm taking into account things like pips and spreads correctly. How do you factor in those pesky hidden costs? Would love to hear how you approach it, especially if you’ve found a system that keeps you from pulling your hair out! Thanks in advance!