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P&L Results

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By Guest tombarrow,
in Commodities

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Guest tombarrow

Guest tombarrow

Posted
Posted

Hi there

New to trading and would like some clarity as to why the P&L results are approximately magnified by 3.55x the actual price movement. File is attached for clarity.

image.thumb.png.3379a4e5a560cba808d53d4321f3e58b.png

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JamesIG Esteemed Contributor

JamesIG

Posted
Posted

Hey - if we take the first line...

28667.5 to 28845 is 177.5 points 

177.5 * 2.5 (contract value) = 443.75 USD 

443.75 USD in AUD would have been 627.19 at that exchange rate on the point of realized profit.  

hope this clarifies 

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