Daily Profit Calculations | Diễn đàn Forex của Myfxbook

Shiloh2001

Tham gia từ Mar 31, 2023 8bài viết

Jun 18, 2023 at 09:43

Tham gia từ Mar 31, 2023 8bài viết

Hi

I live in Australia, so the cycle for me is 8am until 7am the following day i think.

I have a number of accounts and I am trying to work out the profit for a 24 hour period of trading. Can someone guide me in the best way to do this please.

maya95

Tham gia từ Mar 21, 2023 22bài viết

Jun 18, 2023 at 13:03

Tham gia từ Mar 21, 2023 22bài viết

The methods below should be followed to determine the profit for a 24-hour trading session involving multiple accounts:
Determine the start and end times.
Gather trading data.
Calculate the profit or loss per trade.
Sum up the profits and losses from all trades.
If I get you right.

PaulinaWagner

Tham gia từ Apr 26, 2023 25bài viết

Jul 05, 2023 at 17:36

Tham gia từ Apr 26, 2023 25bài viết

Note starting balances.
Track trades: entry/exit prices, volumes.
Calculate profit/loss per trade.
Sum up individual profits/losses.
Consider additional factors (fees, interest).
Total profit/loss for the 24-hour period.

forex_trader_3332733

Tham gia từ Jun 26, 2023 43bài viết

Jul 06, 2023 at 00:30

Tham gia từ Jun 26, 2023 43bài viết

Shiloh2001 posted:
Hi

I live in Australia, so the cycle for me is 8am until 7am the following day i think.

I have a number of accounts and I am trying to work out the profit for a 24 hour period of trading. Can someone guide me in the best way to do this please.

Pretty simple. I check daily profits using Daily candles, You should use UK open as standard, that is what I use.

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