Does the Trade Log show floating profit / loss?
The Trade Log does not automatically maintain floating profit / loss, because it does not directly communicate with a live price feed. We wanted to make it as uncomplicated as we could, and that would be the only situation within the function of the Log that would require an ongoing live feed, so we decided not to go that route. That being said, it is easy to do a quick tally of net profit or loss by simply putting in the approximate prices you see right now in your charts as the exit price for each open trade. This is always easy to modify as the trade progresses, and can be input without putting in a closing time. Then the analysis page can quickly show you the net sum of all your open trades – that’s a feature we do have built-in.
Related Questions
- I entered an options trade with multiple legs, but Id like to see the profit and loss potential for each leg graphed independently on the same graph. How can I do this?
- I have a profitable system with a negative win/loss ratio and a negative avg profit per trade. Is this possible?
- How can I place a trade directly from the Profit + Loss Calculator?