How to know about your ACTUAL PROFIT?
This piece of article is purely based on Profits from trading. We will discuss the transaction summary and two types of profits when trading derivatives and securities at Olymp Trade. One is expected profit, and the other is after-sales profit. There are several visible numbers on the right side of the platform. There you can find the expected profit and the profit after sale. You will also see the amount of that particular investment. The money you made or lost at the end of the transaction. When you open a higher trade and the closing price is higher than the opening price of the asset, the expected profit is displayed in green. The same applies to down operations, that is when the closing price is lower than the opening price; however, if you enter a bullish trade but the closing price is lower than the opening price, or if you are in a down position and the closing price is higher than the opening price, it will show The amount of expected profit. Red. Please note how the after-sales profit increases when the expected profit becomes a positive number.
The profit on the scale represents the amount that will be added to your balance after the transaction is sold at that time. It will grow with the expected profit. The higher the chance of successfully completing the transaction, the higher the profit after the sale.
But remember, there is no guarantee how much money you will win.
If you are not careful, you may even lose money. Trading before expiration can sometimes protect you from huge losses. But be careful, because the market is unpredictable. The situation may change quickly, and you may find that you sold the business for a small amount. Trade and find the perfect entry point before opening a position.
Thanks for reading till the end. Please let us know about your feedback and queries in the comment section below.
Wishing you successful trading!