Figure this one out

Figure this one out

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Anonymous
Figure this one out 2016-01-28 22:35:56 Post No.
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Figure this one out Anonymous 2016-01-28 22:35:56 Post No. [Report]

I've spent a total of $2000 CAD on US securities, and currently have a total P&L of -$35.90 USD, plus one $4.95 USD commission fee, a total net loss of $40.85 USD ($57.35 CAD).

$2000.00
- 57.35

= $1942.65

My trade was made when the CAD was stronger than it is now, so the total equity in my account should be $1942.65 or slightly higher, right?

Currently the total equity in my trading account is showing at $1909.17 CAD after conversions. Am I missing something?

Anonymous 2016-01-28 22:36:58 Post No.1066088
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Anonymous 2016-01-28 22:36:58 Post No.1066088 [Report]

>>1066086
Who's your broker?

Anonymous 2016-01-28 22:39:10 Post No.1066089
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Anonymous 2016-01-28 22:39:10 Post No.1066089 [Report]

>>1066088
Questrade

Anonymous 2016-01-28 22:39:57 Post No.1066091
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Anonymous 2016-01-28 22:39:57 Post No.1066091 [Report]

You are most likely missing maintenance fees somewhere, or your broker is adjusting based on currency value.

CAD has really taken a hit when compared to USD

Anonymous 2016-01-28 22:40:29 Post No.1066093
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Anonymous 2016-01-28 22:40:29 Post No.1066093 [Report]

>>1066089
shoulda used td waterhouse

Don't worry I got cucked too.

Invested $3k when CAD was 0.70... Now it's going back up. Just kill me please.

Anonymous 2016-01-28 22:43:36 Post No.1066100
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Anonymous 2016-01-28 22:43:36 Post No.1066100 [Report]

>>1066091
Nice ID

>adjusting for currency value
Meaning what exactly? I bought the USD stocks when 1 CAD = 0.73 USD, now it's at 0.71, shouldn't that mean it would be higher if anything?

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible. Read more on this topic here - https://archived.moe/talk/thread/1694/

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/