Wrongly cited gains/losses
Wrongly cited gains/losses
29 Jun 2024, 01:25
So I found this very peculiar: my position with entry on 60310 is still in a loss, even when the bid price is above my entry (60347)
Down below is a snapshot a few moments later:

If you do the calculations: 0,6 x (60751 - 60310) you equal = €264,6 gain this is not equal to €197
Why does this happen guys? is making me look bad

Replies
narino901garces
29 Jun 2024, 13:48
( Updated at: 30 Jun 2024, 06:14 )
RE: Wrongly cited gains/losses
PanagiotisCharalampous said:
Hi there,
This is probably caused due to swaps. Check your swaps.
Best regards,
Panagiotis
Hey hey, thanks for the early response.
I forgot about swaps, I came from mt4 where the swaps would not be calculated in your open position.
But the explaination seems fitting.
Every night that you hold open a position, does your swap cost increase?
Also would you know why pepperstone has market hours on bitcoin/usd ? That would seem odd to me.
@narino901garces
PanagiotisCharalampous
30 Jun 2024, 06:20
RE: RE: Wrongly cited gains/losses
narino901garces said:
PanagiotisCharalampous said:
Hi there,
This is probably caused due to swaps. Check your swaps.
Best regards,
Panagiotis
Hey hey, thanks for the early response.
I forgot about swaps, I came from mt4 where the swaps would not be calculated in your open position.
But the explaination seems fitting.
Every night that you hold open a position, does your swap cost increase?
Also would you know why pepperstone has market hours on bitcoin/usd ? That would seem odd to me.
It depends on your broker's settings. You should address these questions to your broker.
@PanagiotisCharalampous
PanagiotisCharalampous
29 Jun 2024, 08:48
Hi there,
This is probably caused due to swaps. Check your swaps.
Best regards,
Panagiotis
@PanagiotisCharalampous