Well.i have same issue.
Bought almost 3months ago Gilead stock at 75.55$ and now its 76.80$ and i am in red.Does anyone know why?
When i bought it pounds was 2cents less than today…so its not exchange issue
Thanks for your explanation. I understand that is the difference of market value.
FX loss. USD became weaker, you have a loss in GBP. Gain in USD position, loss in GBP, as your account is in GBP.
Admins, make a sticky for FX for God’s sake.
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Thanks, I got it. I thought it is the same as other trading platform. which calculate the percentage of the share prices. while here it is the market value, it makes sense
Couldn’t even be arsed to read the thread you posted in eh?
Same topic comes back again and again it becomes… Annoying, frustrating? Maybe it would be some kind of idea if before the first trade if not before every trade in currency different from account currency there would be pop up coming on the screen that FX rate makes quite a difference when it comes to calculating gains/losses of investments? Maybe it would prevent from creating such threads almost everyday? Ofc there should be option in settings to switch off those pop ups (would be pain in… for those who knows that to confirm it all the time and for traders etc when time is quite important) maybe @Team212 could consider adding such idea/feature or something similar or maybe better to app/website? I’m not saying that should be prioritised anyhow but somewhere in close future it would be worth considering… I know people don’t have to read those topics, answer to them or anything, they can just ignore it. But many of us as myself just like to read all/most topics to get something interesting for themselves not only those complaints that sth is wrong and most of time the issue is FX rate
So this mean i lost 95$ only because of usd become weaker 0.02$
Yeah. That’s how exchange rates work.
It would be helpful if the fx rate and the original total cost in the account currency was show in the reports, so that it’s clear what the result is calculated from. Or if it was another column in the open positions list on desktop.