A question for the position size guru's... using mt4
I've just come across a position size issue and wonder if someone might be able to explain it for me?
in mt4 i have a significant difference in my expected profit and shown actual profit
profit long 1 >> the position size is 0.06 and the current profit is 1 point...yet the actual profit displayed is $0.08 --- my expected profit was 0.06*1 = $0.06
profit long2 >> the position size is 0.06 and the current profit is 57 point...yet the actual profit displayed is $4.45 --- my expected profit was 0.06*57 = $3.42
profit short 1 >> the position size is 0.06 and the current profit is 36 point...yet the actual profit displayed is $2.81 ---my expected profit was 0.06*36 = $2.16
each shows roughly an increased position size of 0.018 greater than expected.
when the position is in negative territory the result is amplified even more at roughly 0.02 greater than expected.
does anyone know what is going on here?
is this happening to anyone else?
thanks in advance,
I've just come across a position size issue and wonder if someone might be able to explain it for me?
in mt4 i have a significant difference in my expected profit and shown actual profit
profit long 1 >> the position size is 0.06 and the current profit is 1 point...yet the actual profit displayed is $0.08 --- my expected profit was 0.06*1 = $0.06
profit long2 >> the position size is 0.06 and the current profit is 57 point...yet the actual profit displayed is $4.45 --- my expected profit was 0.06*57 = $3.42
profit short 1 >> the position size is 0.06 and the current profit is 36 point...yet the actual profit displayed is $2.81 ---my expected profit was 0.06*36 = $2.16
each shows roughly an increased position size of 0.018 greater than expected.
when the position is in negative territory the result is amplified even more at roughly 0.02 greater than expected.
does anyone know what is going on here?
is this happening to anyone else?
thanks in advance,