Hi all, very new to trading and also to MT4...
I'm trying to figure out why, when I open a long position it starts out anywhere up to $100 ABOVE the price I bought at, and why when I open a short, the opening price is correct but my profit margin is in defecit AS IF I'd opened the trade $100 or so lower.
Is this to do with my broker's "spread"?
Should I be looking for a better broker (currently EagleFX)?
BTW this is all on demo account so far.
Many thanks
I'm trying to figure out why, when I open a long position it starts out anywhere up to $100 ABOVE the price I bought at, and why when I open a short, the opening price is correct but my profit margin is in defecit AS IF I'd opened the trade $100 or so lower.
Is this to do with my broker's "spread"?
Should I be looking for a better broker (currently EagleFX)?
BTW this is all on demo account so far.
Many thanks