Down £250 with a profitable trade

🤝 Help
1

I’m wondering what’s the reason behind this value

Screenshot (24)
Screenshot (24)2821×1313 160 KB

2

Here is the full picture

Screenshot (25)
Screenshot (25)3801×1946 408 KB

3

This is due to the forex rate. The USD is currently losing its value against all the other major currencies.

2 Likes
4

@TsotFin This will have had an impact but is not the main cause.

@toobig4u You are trading a futures contract which expired and was rolled over to the next futures contract.

6 Likes
5

Thank you for the education. It is good to learn something new every day :+1:t5:I appreciate that.

6

Thank you, It wasn’t clear how this rollover works, I just read about it.