1st Day Results and numbers what do they mean?

[jpedroza]

so I just jumped in live with $500USD and played for 1 day with just 3 settings, fast slow and aggressive. But now I'm looking at the numbers and it does not make sense to me. What do they mean. For example it says my account balance now is $525 and available to trade is $360 that is straight forward. But on the mt5 app this is what it shows under history.

Profit = money made
credit = ???
deposit = ??? I deposited 500 but where did the 7 cents come from?
withdrawal = ???
balance = the balance of my forex account I assume?

This is what it shows on the active trading which now it's only doing a few pairs not all 10 that I had going yesterday not sure why, but maybe the bots sold and just has not reordered. Or maybe forex forced a sale I don't know.

balance = what's in my forex account - I would think this is good considering I started with 500.
equity = ???
Margin = ???
Free Margin = guessing the money I have available to trade???
Margin Level = ???

 

[johnvam]

what tradepairs you used and what settings?

 

[Midnightblue]

It looks like you currently had an open trade. Margin is the amount of your money that is tied up in a position

 

[Emma]

so I just jumped in live with $500USD and played for 1 day with just 3 settings, fast slow and aggressive. But now I'm looking at the numbers and it does not make sense to me. What do they mean. For example it says my account balance now is $525 and available to trade is $360 that is straight forward. But on the mt5 app this is what it shows under history.
View attachment 1960
Profit = money made
credit = ???
deposit = ??? I deposited 500 but where did the 7 cents come from?
withdrawal = ???
balance = the balance of my forex account I assume?

This is what it shows on the active trading which now it's only doing a few pairs not all 10 that I had going yesterday not sure why, but maybe the bots sold and just has not reordered. Or maybe forex forced a sale I don't know.
View attachment 1962
balance = what's in my forex account - I would think this is good considering I started with 500.
equity = ???
Margin = ???
Free Margin = guessing the money I have available to trade???
Margin Level = ???

Balance is your deposit plus your profit. in this report you have some open position. Margin is connected to the leverage..kind of dificult to explain, but I suggest to go on babypips website to learn a bit about trading, they have good lessons ...

 

[Natasa]

Congratulations, you made 24 bucks.