View Full Version : Don't understand why my profit is minus
I recently placed an order for 2 AAPL stocks (mainly for testing purposes) but don't understand why my profit is -$18.60.
Attached is a screenshot from my Webtrader.
Any idea why that's happening?
Thanks in advance
stock.jpg
When you buy after hours it shows your P/L vs what the price closed at for that day. You bought at a higher price than the close. It will readjust when the market opens. Your actual P/L is not effected.
It says now +$14.00. I've attached an image. But I still don't understand that. Now if I close the order I will have a profit of $14? And why haven't I bought the stock?
stock.jpg
You did buy something. You bought .20 lot of what looks to be some kind of option, so you control 20 shares. As calculated from 98.50 every $1 AAPL goes up, you make $20. So anything above that price would be considered profit and anything below that price a loss.
K mind blown...*poof*
http://www.investopedia.com/articles/stocks/09/trade-a-cfd.asp
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