Been manually calculating my account growth projections and it’s getting tedious. Most online calculators seem basic or give unrealistic results.
What compound interest tools do you actually trust for forex planning?
Pen and paper works fine for basic projections.
Excel spreadsheet beats any online calculator hands down.
Used to rely on online calculators until I figured out they’re useless for real trading.
Game changer was tracking my actual win rate instead of chasing monthly return fantasies. Those calculators assume you’re profitable every month - complete joke.
I batch my trades in groups of 100 and work off those numbers. With a 65% win rate and 1:1.5 risk/reward, I can actually project realistic growth.
Here’s what nobody talks about - position sizing as your account grows. Do you scale up risk or keep the same dollar amounts? Huge difference.
Tested maybe 6 calculators over the years. Every single one fell apart when I fed it real data with losing streaks and inconsistent months.
Skip the calculators - make your own spreadsheet. Use your actual monthly returns from this past year, not some fantasy numbers. Don’t forget trading costs like most people do. Factor in spreads, commissions, swap fees - that 5% monthly gain drops to 3% real quick. Throw in some losing months based on your worst drawdowns. Compounding only works if you’re not pulling money out when things get rough.
Investing.com has a decent one. Just don’t trust any calculator that doesn’t let you add losing months.
MyFXBook’s compound calculator is solid - I’ve been using it for years. You can plug in realistic drawdowns and test different monthly return scenarios.
Most calculators ignore risk management completely. I run three scenarios every time: conservative (2-3% monthly), realistic (5-6%), and aggressive (8-10%). Way better than those scammy calculators pushing 20% monthly returns.
If you’ve got trading history, use your actual numbers. Most people think they’re way more consistent than they really are.
I use the FXTradingRevolution calculator. It works great for compounding. You can plug in realistic monthly losses and it adjusts the compounding accordingly.
The trick is using your actual track record. Most calculators assume you’ll be perfectly consistent every month, which never happens in real trading.
I run my projections at about 70% of what I think I can hit monthly.