So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?
There are stuffs like this in the internet...
1.find out your COGS (cost of goods sold). For example $30.
2.find our your revenue (how much you sell these goods for, for example $50).
3.calculate the gross profit by subtracting costs from revenue. $50 - $30 = $20
4.divide gross profit by revenue: $20 / $50 = 0.4.
5.express it as percentages: 0.4 * 100 = 40%.
6.this is how you calculate profit margin... or simply use our gross margin calculator!
https://www.omnicalculator.com/business/marginThese are sensitive things but just speculative. You cant just make a hundred percent surety about this profit calculation. Or if that can be possible for you, there arent enough certain chances for you to take this profit until you make hard efforts in a best possible way. Things cant be just cleared in early stages of involvement in this world. It takes time and things would be getting better.