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Non-base currency profit calculation
TradingDiary Pro supports two different profit calculation method for non-base currency trades.
a.The profit is calculated in original currency. Algorithm: P&L = Shares * Multiplier * (Close Price * Exchange Rate at Close Date - Open Price * Exchange Rate at Open Date)
b.The profit is calculated in the base currency. Algorithm: P&L = Shares * Multiplier * (Close Price - Open Price) * Exchange Rate at Close Date
You can choose between two methods under the non-base currency settings.
Please note in case of huge exchange rate move the first method can create totally different P&L values.