Risk calculation wrong

Created at 04 Feb 2021, 23:31
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DE

deon.jackson101

Joined 04.02.2021

Risk calculation wrong
04 Feb 2021, 23:31


I'm having this same problem

My trading ist on the M15/M1, so it is very fast. I analyse on TradingView and copy my Stop loss from there. Then I quickly have to calculate my risk which is 0.5% in this case 500$.

So what I did was put the Stop loss in and then I modified the Lot size until it was around 500$ (517$) as you can see on the right of the screenshot.

After I placed the order the Loss is way higher in this case over 600$, which is extreme with the account size I trade live, and not only that but also my Stop Loss 1.1760 was modified to 1.17601.

Why is this what I did wrong??

I use 0.5% every trade and have a fix SL, so I want cTrader to tell me quickly what Lotsize I need for that EXAKT STOP LOSS and the EXAKT amount of RISK... NOT MORE NOT LESS... PLEASE HELP

 


@deon.jackson101
Replies

PanagiotisCharalampous
05 Feb 2021, 09:05

Hi deon.jackson101.

The value in the active symbol panel represents the gross profit while the value on the chart represents the net profit. It's a known issue and will be fixed.

Best Regards,

Panagiotis 

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@PanagiotisCharalampous