Hi there everybody. I hope you are well.
I am using Metatrader 4 as my trading platform. These are a list of trades I have made today.
EURAUD - Loss: 3.19
EURAUD: - No profit/Loss: 0.00
EURAUD: Profit: 3.22
EURAUD: Profit: 2.00
However, on my mobile app, it shows that I have a daily profit of -1.04.
And on my desktop app, it shows I have a daily profit of -3.53.
According to the above, I am supposed to make a profit or am I missing anything?
Thank you.
Sounds like some “fees” may be involved? I know on Oanda there is always a “finance fee” which can be
plus or minus.
Thank you for your help! I will enquire from my broker.
Commissions are usually omitted from the p/l calculation. Add up the commission and see if that number makes sense
Fees and commissions must be taken into account when calculating actual profitability of position. Namely, if mark-to-market is showing that you are few pips in plus, after deduction of your brokers fees you actually might end up in minus territory