I'm new to scalping futures and I was trading the E-Mini S&P 500 tonight. I overtraded totaling 23 trades, my P/L +$450. I started off with a balance of $4,250. After I was finished I noticed my account balance says $450. It should say $4700. I used CQG's desktop trader. My broker is NinjaTrader, can you provide any information? Thanks!
Any Advice? My balance is low?
- Thread starter @TackleTrades
- Start date
i guewss the profit needs to settle first, either that or you are looking at the wrong numbers
Just call your broker and/or wait for them to send you your nightly statement.
wrbtrader
Some platforms will display P/L in green while it's a loosing position (should be in red...) and they will not use this one ,, - '', but those instead ,,( )''
e.g this field from TOS shows a total portfolio loss of a $2300.
Don't know the reasoning. Maybe red color is too depressing or something.
Platforms don't want those newbies to give up too fast, - it's their source for commissions. It's a loss - but still green. Like for some the cup is half empty and for some it's half full. Marketing games.
Or maybe they had a call from FED :
,,- No worries folks - it's always green out here''
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Because some people are colour blind and we'll think we are having all profit or all losses depending on our mood, me for instance so I appreciate the brackets.
Put red and green next to each other, with enough size and I'll tell the difference, but a single colour green or red, no idea on it's own.
I see, - one of the reasons then.
Thanks for the advice ladies and gents!