Position explained?
Oct 27, 2021 at 23:38
Vistas 602
9 Replies
Miembro desde Oct 27, 2021
posts 4
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.
MT5 & 65k balance.
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Miembro desde Aug 27, 2017
posts 121
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.
Miembro desde Apr 09, 2019
posts 538
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.
Miembro desde Oct 27, 2021
posts 4
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. 🤔
Miembro desde Mar 17, 2021
posts 536
Nov 06, 2021 at 18:25
skihav posted:I agree with you.
This should be approached quite seriously, because it affects the results of the work quite noticeably.
Miembro desde Oct 27, 2021
posts 4
Nov 07, 2021 at 16:33
Its real account
Miembro desde Jul 23, 2020
posts 869
Nov 08, 2021 at 16:11
Did you trade it in a real account?
Miembro desde Jan 13, 2021
posts 52
Nov 08, 2021 at 16:22
Forexnew2021 posted:Well you got super lucky and obviously made the wrong call to sell, so maybe check analysis
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.
Miembro desde Jun 17, 2021
posts 46
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.
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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