Why are the same lots but different profits?

Kosei S 2022.07.29 01:52

Same Lots, but one is +198Points for + $ 62 and the other one is -37Points for-$ 95, why are the profits different?

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Fernando Carreiro 2022.07.29 02:16 #1

Kosei S: Same Lots, but one is +198Points for + $ 62 and the other one is -37Points for-$ 95, why are the profits different?

You have to consider the value of both the symbol being traded as well as its value in relation to you account currency at the time of the trade.

The value of each "point" constantly changes depending on the quote prices of the symbol and its relation to your account currency.

That is why, you should calculate your risk based on the Stop-Loss size, the Tick Size and Tick Value, so that you can adjust the Volume (lots) accordingly.

Does MQL let you Convert Lots to Nominal Calculate TP for ECN

William Roeder 2022.07.29 13:14 #2

Kosei S: Same Lots, but one is +198Points for + $ 62 and the other one is -37Points for-$ 95, why are the profits different?

One hit the TP and one hit the SL. Why does one being a winner and one being a looser surprise you?

Amine Abed 2022.07.29 14:23 #3

Kosei S:
Same Lots, but one is +198Points for + $ 62 and the other one is -37Points for-$ 95, why are the profits different?

The numbers seem off at first look but there are things that can and do affect the results. If we assume that both buy trades are in the same symbol then maybe Swaps/Rollover, commission could explain the big loss...

Eurusd/gbpusd "The 'perfect' trading system Working with your hands

Kosei S 2022.07.30 14:54 #4

William Roeder #:

One hit the TP and one hit the SL. Why does one being a winner and one being a looser surprise you?

Because entered at different times

Kosei S 2022.07.30 14:57 #5

Fernando Carreiro #:

You have to consider the value of both the symbol being traded as well as its value in relation to you account currency at the time of the trade.

The value of each "point" constantly changes depending on the quote prices of the symbol and its relation to your account currency.

That is why, you should calculate your risk based on the Stop-Loss size, the Tick Size and Tick Value, so that you can adjust the Volume (lots) accordingly.

Probably they are same value. Because this symbol is Dow(US30) and account currency is USD

Fernando Carreiro 2022.07.30 15:21 #6

Kosei S #:Probably they are same value. Because this symbol is Dow(US30) and account currency is USD

Then please provide more information. Please show logs of the transactions as well as show all the columns of the history, including commission and swaps and other fees.

Kosei S 2022.07.31 12:50 #7

Fernando Carreiro #:

Then please provide more information. Please show logs of the transactions as well as show all the columns of the history, including commission and swaps and other fees.

I deleted... lol

Fernando Carreiro 2022.07.31 13:58 #8

Kosei S #: I deleted... lol

Then we can not help you.

Please keep track of all relevant information in future posts. Trading is about being disciplined and methodical, like a researcher or scientist.

Hans Rojas 2022.08.01 03:06 #9

Kosei S:
Same Lots, but one is +198Points for + $ 62 and the other one is -37Points for-$ 95, why are the profits different?

How high was the spread? that got added to your loss.

Keith Watford 2022.08.01 03:09 #10

Hans Rojas #:

How high was the spread? that got added to your loss.

Spread makes no difference.

As has already been stated, it is most likely because of swap.

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