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Average Price confusion (Chart P/L)
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Average Price confusion (Chart P/L)
Hi, I confused about the P/L shown on the chart. For example I took a short trade today on the YM at 18439. I took another short trade at 18327, but got stopped out of that 2nd trade at 18339. Following being stopped out the chart is showing that I am 1 contract short from 18383. I would have expected this to go back to the original 18349 once the 2nd contract was stopped out? What am I doing wrong?
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I can understand that 18383 is the average price when the 2nd contract was filled. But as soon as that 2nd contract was ended by the stop then that is no longer relevant and the system should revert to the original entry price. Having exited the 2nd contract 18383 is now an entirely arbitrary level, and how can it be of any benefit to know that my current position is +/- $/points this level? I need to see what my real P/L for my remaining position!
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Hello cognis0,
Thanks for your reply.
For live order it is not possible to change how this displays.
For simulation orders, see the video below for you options to adjust this.
BrandonNinjaTrader Customer Service
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