Position explained?

Oct 27, 2021 at 23:38
1,252 المشاهدات
9 الردود
عضو منذ Oct 27, 2021   4 المشاركات
Oct 27, 2021 at 23:38
I did a trade with broker/analyst. I was supposed to SELL but accidentally chose BUY. I made 11k but this doesn't make sense to me. Please someone explain this for me. Thanks!
MT5 & 65k balance.

المرفقات:

عضو منذ Aug 27, 2017   86 المشاركات
Oct 28, 2021 at 06:15
What is not clear? You open a BUY position and the price went up which means that you made a profit. You opened with 100 lots which is big by the way so few changes in price resulted in a big win.
Trading is a marathon, not a sprint.
عضو منذ Apr 09, 2019   516 المشاركات
Oct 28, 2021 at 10:16
You made more mistakes here than just placing a buy instead of sell my friend. You got away with it here.
If you can't spot the liquidity then you are the liquidity.
عضو منذ Oct 27, 2021   4 المشاركات
Oct 28, 2021 at 13:28

Seems like i understand the profit here. But i dont understand how this calculated. Im supposed to go like
55X100X?
How much is the ? Dollar amount?

Bytheway, untill i figure out if im able to withdraw any money with this broker, nothing going to excite me. I made another 16k this morning, EURUSD. Just the numbers for me. 🤔
عضو منذ Mar 17, 2021   494 المشاركات
Nov 06, 2021 at 18:25
skihav posted:
This should be approached quite seriously, because it affects the results of the work quite noticeably.

I agree with you.
عضو منذ Oct 20, 2018   283 المشاركات
Nov 07, 2021 at 10:49
First of all you need way more learning before trade in real. I say in real cuz i`m almost 100% sure this screen is from demo.
momchil_slavov@
عضو منذ Oct 27, 2021   4 المشاركات
Nov 07, 2021 at 16:33
Its real account
عضو منذ Jul 23, 2020   816 المشاركات
Nov 08, 2021 at 16:11
Did you trade it in a real account?
عضو منذ Jan 13, 2021   50 المشاركات
Nov 08, 2021 at 16:22
Forexnew2021 posted:
I did a trade with broker/analyst. I was supposed to SELL but accidentally chose BUY. I made 11k but this doesn't make sense to me. Please someone explain this for me. Thanks!
MT5 & 65k balance.

Well you got super lucky and obviously made the wrong call to sell, so maybe check analysis
عضو منذ Jun 17, 2021   44 المشاركات
Nov 09, 2021 at 05:46
@Forexnew2021 Can feel you. The actual excitement of the profit comes when the money is in your hands. On the computer screen, these are just numbers. I faced the same issues in the past where I couldn’t withdraw my money but thankfully it’s all sorted now.
I think you are not very confident about your broker. Don’t wait for a big amount to withdraw. Try to withdraw little amounts frequently so that you don’t have to waste your time.
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