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Degiro - Day Difference -€6.56 how?

  • 17-07-2019 5:50pm
    #1
    Registered Users Posts: 1 David2019


    Hi,

    I’ve been doing some day trading as a newbie and am confused why I’m at negative €6.56

    Can anyone tell me how from the screen shots attached?

    Thank you...


Comments

  • Registered Users Posts: 1,995 ✭✭✭ Sabre Man


    Where are the screenshots?


  • Registered Users Posts: 427 ✭✭ towger


    I presume you are wondering why you show a loss but your share price has increased ? If your share is in non-Euro, for example USD, and if the $ exchange rate has fallen today, then in Euro terms that might have pushed your gain in $ into a loss in Euro,


  • Closed Accounts Posts: 35 ✭✭✭ edit_me


    David2019 wrote: »
    Hi,

    I’ve been doing some day trading as a newbie and am confused why I’m at negative €6.56

    Can anyone tell me how from the screen shots attached?

    Thank you...


    Very simple. Your transactions cost is greater than profit.

    Example. Small account and you buying 1 share that cost 100. RT (round turn) in fees should be around 1.01 euro. Do it 10 times taking 10cents profit and and you have total loss of 9.1 euro.


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