Support Board
Date/Time: Thu, 28 Nov 2024 20:28:39 +0000
cost averaging
View Count: 305
| [2023-03-29 14:44:24] |
| User136282 - Posts: 11 |
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so started day up 800 dollars on 3 micro contracts, around the market open i purchase one more of the exact same micro contract, The trade goes against me and I get stopped out for 10-15 dollar loss. So if i only lost 10-15 dollars, please can you tell me why or how my cost average line on the chart(for the three micros) moved up like 20 points? it should have only moved a cuple points when i took that 10 dollar loss. Is sierra set to sell my deepest in the money contracts automaticly? i mean my cost average line moved a football field after that 15 dollar loss? my p/l in trade monitor was reading correctly.
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| [2023-03-29 16:35:26] |
| Sierra_Chart Engineering - Posts: 17206 |
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Sounds like you are referring to the Position Average Price calculation. Refer to: Trading Information Windows: How Average Price for Positions Is Calculated and Used Also refer to: Help With Daily Profit/Loss Value For the Daily profit/loss calculation you can use LIFO or FIFO. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2023-03-29 16:36:17
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