Any Advice? My balance is low?

Discussion in 'Index Futures' started by @TackleTrades, Apr 29, 2020.

  1. 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!
     
  2. i guewss the profit needs to settle first, either that or you are looking at the wrong numbers
     
    @TackleTrades likes this.
  3. wrbtrader

    wrbtrader

    Just call your broker and/or wait for them to send you your nightly statement.

    wrbtrader
     
    @TackleTrades likes this.
  4. Turveyd

    Turveyd

    Likely missing Commisions maybe ??

    Or just confused on the numbers, recheck your last few days.

    Profit nice :)
     
  5. Nobert

    Nobert

    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.

    pl.PNG

    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''
     
    Last edited: Apr 29, 2020
    Sekiyo likes this.
  6. Turveyd

    Turveyd

    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.
     
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  7. traider

    traider

    just call broker n clarify u dont pay them thousands in fees for nothing
     
    wrbtrader likes this.
  8. Nobert

    Nobert

    I see, - one of the reasons then.
     
    murray t turtle likes this.
  9. yordan

    yordan

    If closed trade has not been up to 24 hours, it is reasonable to wait a little bit longer.
     
    murray t turtle likes this.
  10. Thanks for the advice ladies and gents!
     
    #10     Apr 30, 2020
    murray t turtle likes this.