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Pips shown in red

ForexProfi133
Jan 24 2019 at 09:20
posts 1
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
Jan 24 2019 at 12:02
posts 8
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
Jan 24 2019 at 14:39
posts 16
You make a profit EVERY day and yet don't know about the charts?
niceGLer
Jan 24 2019 at 19:28
posts 169
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
Jan 24 2019 at 19:37
posts 169
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
Jan 25 2019 at 09:37
posts 1
johngerwin posted:
You make a profit EVERY day and yet don't know about the charts?
kmsl
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