Post
Topic
Board Trading Discussion
Re: calculate negative PNL
by
Coin_trader
on 01/12/2024, 14:37:17 UTC

What I mean is this...lets say I have two points in the chart:

first point is the price entry (where I open a long position)

lets say I open a Long  Position and I decide that half way through my trade which is going badly I want to open another position..exactly in the middle of the two points in the chart

Its a Mathematical Trading Strategy so I need that this new position is opened exactly in the middle of those two points

Sorry for my english


Trading bot might help you to automatically re-entry based on a specific price range that you set. I’m not sure what exchange you are using but Binance trading has a feature of re-entry for a specific condition that you set based on the market price.



Negative PNL usually display on your main balance summary for example on derivatives. AFAIK most of exchange has a PNL summary daily on each coin that you trade.