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require some basis intro to shares trading please


Guest sharmadeepak87

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Guest sharmadeepak87

hello dear friends,

I have just started trading in shares but there seems some basis understanding that I am lacking / failing to understand.

I had recently bought shares of Capita PLC at 167.55, and I closed by trade at 170.90 for a total of 500 shares.

however after closing the trade, I have made just GBP 16.25

basis my trade, I should have made [500 x (170.90-167.55)] = 1675

can someone please guide me how this profit is calculated as I am really confused as all trades I have made, I have paid more commissions than my profit.

 

Thanks

 

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