Forex Trade Results July 8, 2022 – $1,800

Forex Trade Results July 7, 2022 – $2,092
July 7, 2022
Forex Trade Results July 11, 2022 – $2,110
July 11, 2022

Forex Trade Results July 8, 2022 – $1,800


Rollover in Forex.

The procedure of moving open positions from one trading day to another is called a rollover in forex.

Most brokers perform the rollover automatically by closing any open positions at the end of the day.  Then they simultaneously open an identical position for the following business day.

During this rollover, a swap is calculated.

A swap is a FEE that is either paid or charged to you at the end of each trading day if you keep your trade open overnight.

If you are paid swap, cash will be added to your Balance.

If you are charged swap, cash will be deducted from your Balance.

Unless you’re trading huge position sizes, these swap fees are usually small but can add up over time.

In MetaTrader, you can see swaps on your open position (if you keep it open for longer than 1 day) by opening a “Terminal” window and clicking on the “Trade” tab.

Swap in Forex

The concept of swap and rollover is beyond the scope of this lesson.  We will discuss it further.  But we just wanted to cover it briefly for accuracy’s sake.

Now that we know what Balance means, let’s move on to understanding the concepts of “Unrealized P/L” and “Realized P/L” and how they affect your Balance.


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