Figure this one out

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Anonymous
Figure this one out 2016-01-28 22:35:56 Post No. 1066086
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Figure this one out Anonymous 2016-01-28 22:35:56 Post No. 1066086 [Report]

I've spent a total of $2000 CAD on US securities, and currently have a total P&L of -$35.90 USD, plus one $4.95 USD commission fee, a total net loss of $40.85 USD ($57.35 CAD).

$2000.00
- 57.35

= $1942.65

My trade was made when the CAD was stronger than it is now, so the total equity in my account should be $1942.65 or slightly higher, right?

Currently the total equity in my trading account is showing at $1909.17 CAD after conversions. Am I missing something?

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Anonymous 2016-01-28 22:36:58 Post No.1066088
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Anonymous 2016-01-28 22:36:58 Post No.1066088 [Report]

>>1066086
Who's your broker?

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Anonymous 2016-01-28 22:39:10 Post No.1066089
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Anonymous 2016-01-28 22:39:10 Post No.1066089 [Report]

>>1066088
Questrade

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Anonymous 2016-01-28 22:39:57 Post No.1066091
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Anonymous 2016-01-28 22:39:57 Post No.1066091 [Report]

You are most likely missing maintenance fees somewhere, or your broker is adjusting based on currency value.

CAD has really taken a hit when compared to USD

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Anonymous 2016-01-28 22:40:29 Post No.1066093
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Anonymous 2016-01-28 22:40:29 Post No.1066093 [Report]

>>1066089
shoulda used td waterhouse

Don't worry I got cucked too.

Invested $3k when CAD was 0.70... Now it's going back up. Just kill me please.

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Anonymous 2016-01-28 22:43:36 Post No.1066100
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Anonymous 2016-01-28 22:43:36 Post No.1066100 [Report]

>>1066091
Nice ID

>adjusting for currency value
Meaning what exactly? I bought the USD stocks when 1 CAD = 0.73 USD, now it's at 0.71, shouldn't that mean it would be higher if anything?