So hard to keep track of trades! Is it my brokerage
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Thread: So hard to keep track of trades! Is it my brokerage

  1. #1
    I utilize interactive brokers and find that you need to keep track of transactions a lot by yourself.

    Lets say I go long on EURUSD in 1.2000. I buy 25,000 Euros. My account will reveal 25000 Euros and negative 30000 USD (25000 * 1.2000). Lets say EURUSD belongs to 1.5000. If I wish to take some profit, I then need to calculate what level of USD in the current price will then provide me 25000 Euros. This is easy, its just 25000/1.5000.

    But when I make a lot of transactions and my currencies become crossed...I find myself searching for the calculator and getting things mixed up.

    Is each brokerage set up this way? Or is it just IB?

  2. #2
    Yeah IB likes to speak in cryptic languages. Not certain why their shit is so difficult to comprehend, you definetely dont need to exchange with them if you're a newbie.

  3. #3
    The other day I went on the Yen. . .worked out great though. Made 500 by injury

    im thinking of using tradestation. Pip spreads appear decent (maybe not as great as IB), but having a combned charting agency and dependable service in that (I'm assuming), may be worth it.

  4. #4
    Quote Originally Posted by ;
    NO they are not all this way....

    Mine has this....its a trade history record.
    Http://www.picfury.com/1e/untitled-718.html
    john doe what brokerage do you use?

  5. #5
    NO they aren't all this way....

    Mine has this....its a trade history record.
    http://www.picfury.com/1e/untitled-718.html

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