Wrongly cited gains/losses

Created at 29 Jun 2024, 01:25
NA

narino901garces

Joined 16.06.2024

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

 

 

 


@narino901garces
Replies

PanagiotisCharalampous
29 Jun 2024, 08:48

Hi there,

This is probably caused due to swaps. Check your swaps.

Best regards,

Panagiotis


@PanagiotisCharalampous

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