Hi!
Been trading only for a few weeks, done a lot of reading and thus far it's going great. I am using eToro for trading. I have a question about SELL actions though.
The BUY row seems logical to me. Trader bought AUD @ 1.2923, current price is lower, hence the -5 pips and loss in net profit and gain %. Stop loss and take profit here are pretty simple to understand.
However, when I look at the top SELL row, I'm totally lost. It shows -12 pips and negative profit even though current price is higher than the opening price. Not to mention stop loss is higher than take profit.
Can somebody please explain this to me?
Been trading only for a few weeks, done a lot of reading and thus far it's going great. I am using eToro for trading. I have a question about SELL actions though.
The BUY row seems logical to me. Trader bought AUD @ 1.2923, current price is lower, hence the -5 pips and loss in net profit and gain %. Stop loss and take profit here are pretty simple to understand.
However, when I look at the top SELL row, I'm totally lost. It shows -12 pips and negative profit even though current price is higher than the opening price. Not to mention stop loss is higher than take profit.
Can somebody please explain this to me?