Hi I would like to ask about the calculation in this trade. I bought Netflix 1 stock at 364,12 , 2 stock at 363,36 and 4 stock at 349,27. the median should be around 355,417. But I already reach that mark but it keeps telling me that I’m in a negative trade. So tried to sell 3 of them and discover …

Check usd/eur conversion rate when buying, then compare with one from selling.

But how do I end up about -20€ if I’m selling right at this mark 355,41??? And you can also clearly see that I’m above the median and somehow I’m still in a negative zone???

I had 5% loss on GBP invest week ago, because just after I bought GBP stock USD skyrocketed. Even tho price in GBP was 2-3% up from my purchase price. So go to purchase history and check buy fx rate, compare with sell fx rate.

@Ducdopamin1 This is currency (FX) risk. When using € to purchase denominated stocks, you're exchanging € for . During the time you hold an investment, in your case - Netflix, should the $ devalue against €, you’re losing money even if the stock’s going nowhere. Example: Day 1: You need $300 to …

Alright now I understand it :/. Thanks for the explanation.

One of the reasons why I decided to open an account in USD. It makes less problematic, as I know upfront how much I’m converting from my currency to USD and vice-versa.

Hello, is it possible to open a multicurrency account?

No, but it has been suggested already. [image] Multicurrency account GBP/EUR/USD etc 💡 Feature suggestions & ideas Please add Multicurrency accounts. So we can top up and store USD/EUR/GBP. It is beneficial for short term and long term investors. Not needing to worry on …

not yet. the feature has been suggested and will be looked at in the 2nd half of this year. whether it does get added is unknown at this time and wouldn’t be earlier than the start of next year.

Weird calculation

🤝 Help

victor March 26, 2020, 9:52pm 9

No, but it has been suggested already.

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Weird calculation

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