Big noob question

[bertingtonthethird]

Hello,

I am new to trading and have what I suspect is a silly question. I am using currently Trading212.

As you will see below I bought Oil @ 48.37900, its is now trading at 49.53100. How is it the result is -2.94?

 

[Trader333]

It may be the sell price you can currently exit the trade at so check that and see what it is or it could be the profit figure after commission is factored in. Do you know what the spread is, ie the difference between buy and sell prices ?

 

[bertingtonthethird]

It may be the sell price you can currently exit the trade at so check that and see what it is or it could be the profit figure after commission is factored in. Do you know what the spread is, ie the difference between buy and sell prices ?

The spread was ~.040. I changed my stop loss and it sent into +£7.90.. Confused.com

 

[barjon]

in the summary at the bottom of the chart you post the current sell price was 48.501, not the 49.531 you said in your post. That's a small profit of around 0.12 so your net result is probably where you stand after commission.

 

[bertingtonthethird]

That was just a a price change when i was wiring the post. I have just figured it out i think, my result was frozen.. I logged in on my iphone and it was @ +7.00..