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I am not quite sure how P/L is calculated in MT4 when I traded recently.
I bought 0.01 of GER30.s at 12028.5, closed the trade at 12070.9. The profit was 17.25, which didn't seem related to the amount (12070.9 - 12028.5 = 42.4).
Nonetheless, I realize the ratio 17.25 / 42.4 = 0.4 is always held when calculated the P/L for this GER30.s, but still don't understand where this ratio comes from.
One disadvantage of this MT4 platform on mobile is it doesn't show the margin required, expected profit or loss while placing a trade. I have to work out this information on my own.
Another obscure message is "Off quote" when placing trades, without any additional information to explain what's wrong.
Thank you very much.
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