On the left side of the My Open Trades window you can see a button that reads "Trading
Log". The trading log contains all your active and historical trades.
Click on the Trading Log button to enter your log.
Upon entering the trading log you'll be presented with the following screen:
Here you can see all your trades presented in a number of ways in order to suit
all your monitoring needs.
The central panel exhibits all your individual trades in all the trading arenas.
This panel allows you to monitor your trades and close them by clicking on the "close"
button near the appropriate trade.
Let’s go through the various fields that comprise your trade info one by one:
-
Action – this field shows you which currency you are buying or selling against which
currency
-
Amount – the amount you have invested in the trade
-
Units – the amount of units you have bought or sold. The standard minimum number
of units is 10,000.
-
Open rate – the rate at which you have opened the trade.
-
Current – the current rate at which you can close the trade.
-
Stop loss – the rate at which the trade will be closed automatically by the platform
in order to prevent you from losing more than you have specified or more that you
have invested.
-
Take profit - unlike the stop loss limit, the take profit limit can only be set
by the trader when setting up the trade. The take profit limit guarantees that if
the trade reaches your desired level of profit, it will be capitalized upon.
-
Spread - the spread is the difference between the bid price and the ask
price. Spreads are customarily represented in pips.
-
Profit – shows you the current unrealized profit from the trade.
-
Gain – shows you how much you have gained from the trade relatively to your investment
in percentages.
The top panel represents your trades grouped and totaled by trading arena. By clicking
on any one group, the relevant trades will be highlighted in the central panel.
The bottom panel displays the total current statistics of your account. Let’s go
through the various fields that comprise your total account info one by one:
-
Balance – your total available balance, also shown in the bottom left corner of
every screen.
-
Usable margin – the total margin that you can use for trading. This amount will
be slightly smaller than the amount of your balance when you have open trades, in
order to cover any possible losses in the unlikely case of extreme market conditions.
-
Total investment – the total amount you currently have invested in trades.
-
Virtual balance – the balance you would have were you to close all your trades at
that moment.
-
Unrealized profit – the amount of profit you could incur were you to close all your
trades at that moment.
-
Unrealized gain – the percentage of profit you could incur relatively to your total
investment were you to close all your trades at that moment.
In addition, if you click on the “History” tab at the top of the screen, you can
switch to view your historical trades in place of your active trades. The history
screen is also reachable from the lobby, by clicking on the “History” button at
the bottom right corner of the screen.
The history log displays all the trades that you have made in the past. By clicking
on any one trade in the central panel you can see a detailed description of it in
the panel below it. Use the “Prev” and “Next” buttons to scroll through your trading
history.
