> Why is my day gain negative and red?

Why is my day gain negative and red?

Posted at: 2014-12-05 
Started my first day of investing on etrade. I bought 6 shares at $17.13 and the stock is up to $17.84 now but my day gain is red and says I'm -5.73...why is that?

Commission. You paid 17/13*6+ 9.99 commission for a total cost of 112.77. The stock is now worth 17.84*6= 107.04 which gives you an unrealized loss of $5.73. So your loss is less than the 9.99 commission since the stock has gone up since you bought it.

I would check into that and make sure they did not CHARGE you a commission to buy those shares!

They're not supposed to do that....are they?

Started my first day of investing on etrade. I bought 6 shares at $17.13 and the stock is up to $17.84 now but my day gain is red and says I'm -5.73...why is that?