BlkPillPres
Self-banned
-
- Joined
- Feb 28, 2018
- Posts
- 19,752
I'm using a demo account to trade, it started off with 50000 AUD
I am using expert advisors to trade (on EURUSD currency pair)
My balance keeps going up, but I'm increasingly "in the red" relative to the profits
As my balance goes up, my potential loss of profit (on the right) also goes up
I think its because a lot of the trades are short positions, which I've read leads to a negative investment balance for an asset, and when it depreciates it can be bought back at a lower price
Based on the charts all the short positions are on USD
Basically what I'm trying to confirm is whether the negative profit is only shown because the EA is waiting for the USD to depreciate so it can be bought back?
Also, how long can one "hold a position"?
Can your orders be cancelled and you get forced into having the negative profit taken out of your balance and you go back to square one?
Should I only trade long positions then just to be safe?
@D3X @Transcended Trucel
I am using expert advisors to trade (on EURUSD currency pair)
My balance keeps going up, but I'm increasingly "in the red" relative to the profits
As my balance goes up, my potential loss of profit (on the right) also goes up
I think its because a lot of the trades are short positions, which I've read leads to a negative investment balance for an asset, and when it depreciates it can be bought back at a lower price
Based on the charts all the short positions are on USD
Basically what I'm trying to confirm is whether the negative profit is only shown because the EA is waiting for the USD to depreciate so it can be bought back?
Also, how long can one "hold a position"?
Can your orders be cancelled and you get forced into having the negative profit taken out of your balance and you go back to square one?
Should I only trade long positions then just to be safe?
@D3X @Transcended Trucel
Last edited: