Why Trade Profits is too much different than Total Profits

[shanmugapradeep]

Hello,

Platform : MT5
Broker : Dominion Markets
Trade Profit : 2645
Total Profit : 317400


How this possible, It huge difference Trade Profit running at 2.6K USD but Total profit running at 317K USD. Not only this video but this channel all video have big difference between Trade Floating P/L and Total Floating P/L.

Full video : https://www.youtube.com/shorts/hBmSzyD8boM

Note: I am not promoting his channels or recommending following his channel or opening the broker mentioned in this thread. This post is solely for me to understand how and why there is a huge difference between Trade Floating and Total Floating when there is only one trade.

 

[Enivid]

That's 2645 pips of profit and 317 400 USD (or whatever his account currency is) profit.

PS: Don't watch such videos. That's a waste of time.

 

[shanmugapradeep]

That's 2645 pips of profit and 317 400 USD (or whatever his account currency is) profit.

Thanks for clarity. I was total confuse what it is. Now i understand it Pips.

PS: Don't watch such videos. That's a waste of time.

Yes, I do not watch it. While browsing, it came into my YouTube Shorts feed. You can remove his YouTube URL from my thread so that no members can fall into his trap, as I already got the answer from you.

 

[ginoschaefer]

The significant difference between Trade Profit and Total Profit could be attributed to various factors such as additional trades, open positions, or unrealized gains from other sources within the account. It's essential to consider factors like commissions, swaps, and fees, which can affect the total profit

 

[fargana]

Hello,

Platform : MT5
Broker : Dominion Markets
Trade Profit : 2645
Total Profit : 317400


How this possible, It huge difference Trade Profit running at 2.6K USD but Total profit running at 317K USD. Not only this video but this channel all video have big difference between Trade Floating P/L and Total Floating P/L.

Full video : https://www.youtube.com/shorts/hBmSzyD8boM

Note: I am not promoting his channels or recommending following his channel or opening the broker mentioned in this thread. This post is solely for me to understand how and why there is a huge difference between Trade Floating and Total Floating when there is only one trade.

Probably they have other positions open? Maybe this also accounts for leverage