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I`m only loosing, even it +6%

Postby saintdevil on 20 Jul 2009

I`m only loosing, even it +6%
I`m running under test mode ... when I buy curency it has 0.0% I sell it when it was +8%, but I still lose ... ? Why? It`s make nonsense to me ... There is no way to earn ... !
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saintdevil
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Re: I`m only loosing, even it +6%

Postby Vijaymuralidhar on 21 Jul 2009

Hi, i too face the same pbm....
I got +6% but still i lose few bucks
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Vijaymuralidhar
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Re: I`m only loosing, even it +6%

Postby alexch on 28 Jul 2009

The spread... What is shown is unrealized profit.. Not Net unrealized profit. You need to take into account the spread - I think this is what is fooling you...
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alexch
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Re: I`m only loosing, even it +6%

Postby juneman on 15 Aug 2009

when you are trading you need to look at the spread. Like the guy said at the top, the spread is taken out of your profits.
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juneman
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Re: I`m only loosing, even it +6%

Postby xmenlawn on 29 Aug 2009

Yub the two above comments are correct.

When you buy you need to consider the spread. eg buy at 1.9845 sell 1.9849 the spread in this case is 4 pips meaning you are losing it to the broker who's doing your trade. So your total money gain made minus the spread to get your return profits.



One advice for beginners is to buy the pair which has a small spread.
I didnt know this until i traded serveral time. Everytime i traded for short run and saw profit i just take it and end up losing lol which was rediculusly outrageous and i didnt know what the hell was going on i made a gain why am i losing lol. Anyway Good luck.
Kind Regards,

Chan ^_^
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xmenlawn
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Re: I`m only loosing, even it +6%

Postby lorielei on 07 Sep 2009

The formula here is profit - spread = net profit

So make sure your profit is larger than your spread.

Now the question is when will you execute open trade to a certain pair to earn a net profit

And how you will earn more using the leverage.
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lorielei
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