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Date/Time: Wed, 27 Nov 2024 23:38:00 +0000



Sim trade entered but seeing a huge loss in p&l immediately

View Count: 350

[2023-04-02 21:18:36]
User799255 - Posts: 24
Hello,

I am replaying and entering sim trades. Can I get some help troubleshooting this please.

I have the bid ask displayed and when the trade is entered it shows a loss that doesn't make sense.

50 shares of GOOG bought at 93.94. Bid-ask is at 93.80-93.94. The unrealised loss should be marked at 7 USD not, 350 USD.
Date Time Of Last Edit: 2023-04-02 21:20:01
imageCapture.PNG / V - Attached On 2023-04-02 21:16:19 UTC - Size: 45.88 KB - 87 views
[2023-04-03 11:32:17]
Sierra_Chart Engineering - Posts: 17198
How that is calculated is explained here:
Basic Trading and the Trade Window: Main/C >> Open Profit/Loss (P/L)
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
[2023-04-12 14:09:24]
ForgivingComputers.com - Posts: 960
Your picture shows a loss of $3.50 (Points). The entry was at $93.94, price is not $93.87, so you are down ($.07) * (50 shares) = $3.50.

How do you use Bid/Ask to determine open Profit/Loss?
[2023-06-21 14:20:37]
Sierra_Chart Engineering - Posts: 17198
Refer to:
Global Trade Settings Windows: Use Bid/Ask for Open P/L Calculations (Global Settings >> General Trade Settings >> General)
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

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