i got 6000 shares of ktov which my average was 0.89 stock price and sell price was above this and still showing as a negative.
Therefore if i had a sell limit of my average price i wouldve taken a loss.
im assuming this is because of pounds to us or us to pounds convertion that is causing this problem?
I still fail to understand that if i bought this stock a month ago and my average is 0.89 when i was above it i was red?? Im assuming if i sold and converted to pounds i loose? is it not better for trading212 to have its own convertion rate to some extent?
otherwise i can see this causing issues in the near future.
or maybe give us the ability to convert from pounds to usd in the app. show our actually balance by preference or both pounds and usd
this way if i deposit £1000 and then convert to usd, i then buy the stocks in usd and and when i sell into usd i dont actally loose if lets say i had a limit order on my average? but when i decide to convert later i could potentially loose or gain then?
proof in the pick i was annoyed that my average was 3p higher but when u have 6000 shares its almost 150 loss…