Can we have the unit price for each order ?

• 05/22/2020 at 7:24 PM #132893
  bewoke2

  Hello Community !

  I have a question regarding multiple orders on the same security.
  Let say for the company A, I bought 20 shares @$10 then the price dropped I bought again 5 shares @$5. For now I have 25 shares @225. 

  For now the unit cost of my 25 shares is @$9. The problem with this is that if the price rose again and the stock is @$7 and I want to sell my 5 shares bought @$5 I will be losing $2 per share, since they only consider the mean unit cost (7 – 9 = -$2).
  Can’t we have the possibility to sell shares from each order separately? Selling my $5 shares at $7 and having a gain instead of a loss.

  Thank you.

  

  bewoke2

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  05/28/2020 at 11:19 AM #133595
  bewoke2

  up

  

  bewoke2

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  05/28/2020 at 11:30 AM #133597
  robertogozzi

  No, you can’t now.

  Hopefully this will be added in the future.

   

  

  robertogozzi

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  06/10/2020 at 10:29 PM #135514
  bewoke2

  Thank you for your reply but that’s really odd.
  We should be able to sell depending on the real price not the mean one.

  

  bewoke2

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  06/10/2020 at 11:33 PM #135521
  Vonasi

  Manually trading you can sell what you want when you want.

  The PRT platform lets us partially close positions and sell bits of our position at whatever price we want. We can test our ideas in back testing. IG however don’t allow us to do that live and as at the moment IG is the only broker allowing auto trading we have to live with this handicap. This means we cannot do partial closure in either demo or live auto trading via IG. We can close trades at different prices but our stop and limit distances for each trade must be the same for every position opened.

  Topic moved to ProOrder forum as it is more of an auto strategy related question than a platform question.

  

  Vonasi

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  06/16/2020 at 8:12 AM #136066
  bewoke2

  Hello Vonasi

  Thank you for your reply, but this has nothing to do with automatic trading, I am not using IG but IB broker.
  My idea is that, I know we can close the positions at any price we want, but the open price will be the mean of all the positions we opened for the same security, and I find it a little bit far from the reality.
  As I said, if I buy 1 share @$10 then another share @$2 (the price dropped) and after some days the price rose again and is now @$3, for me I can close the second position with gains (3 – 2 = +1$), however the platform will consider the mean price of both my positions ((10 + 2) / 2 = 6) so it will be like I bought 2 shares  @$6 and if I sell one share I will be losing money (3 – 6 = -3).
  That’s my point. I have two different shares at different prices, I don’t understand why the platform deals only with the mean price.

  

  bewoke2

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  06/16/2020 at 8:56 AM #136078
  GraHal

  bewoke2 wrote:

  I don’t understand why the platform deals only with the mean price.

  You should be able to see correct profit / loss for each deal on your broker platform in your broker account.

  

  GraHal

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