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Pips shown in red
ForexProfi133

Member Since Sep 05, 2013  1 posts ForexProfi133 Jan 24 at 09:20
Hello everybody,

Hello everybody,

why are the pips with minus sign and red shown on my chart? But I make a profit every day.

https://www.myfxbook.com/members/ForexProfi133/forexprofi-v133/3024172/aWuaAy9J8KNzfpgMyIkS

ElDoradoGold

Member Since Dec 18, 2018  6 posts ElDoradoGold Jan 24 at 12:02
The chart shows equity at end of day which includes OPEN positions. So even though you may have only closed trades in profit you must have had some trades that were currently trading at a loss. Don't worry about it. If you keep getting good results the charts will look fine

johngerwin

Member Since Jan 21, 2019  16 posts johngerwin Jan 24 at 14:39
You make a profit EVERY day and yet don't know about the charts?

niceGLer

Member Since Dec 28, 2013  99 posts niceGLer Jan 24 at 19:28
Today I got approximately +5% (in green), but at the same time I lost ~20 pips (in red). Initially I had taken wrong side of the trade (I was long), and then I shorted heavily after I had corrected my mistake. Well, in reality stop loss did that.. I am fascinated by the idea of using a lesser trade size as a probe. (Probe bet in poker?). Nevertheless, probably this is bad practice, and could cost me dearly on occasion.

Money and percentages matter. After all.

niceGLer

Member Since Dec 28, 2013  99 posts niceGLer Jan 24 at 19:37
ForexProfi133 posted:
Hello everybody,

Hello everybody,

why are the pips with minus sign and red shown on my chart? But I make a profit every day.

https://www.myfxbook.com/members/ForexProfi133/forexprofi-v133/3024172/aWuaAy9J8KNzfpgMyIkS


By looking at your chart statistics I think that you have been trading with exotics or alike, like BTCUSD or XAUUSD. That position may have been closed with a loss resulting in a huge pile of negative pips. The other option is that you have done like I've done several times: Opening a smallish trade and closing it with big loss in pips but not in $. After that you might have opened a sizable trade, gained a few pips, and closed in profit and recovering from losses.


shakavon

Member Since Jun 08, 2018  1 posts shakavon Jan 25 at 09:37
johngerwin posted:
You make a profit EVERY day and yet don't know about the charts?
kmsl

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