Profit and Loss
You can see P&L on the trading screen and in the Account window. Use the Layout manager to add these fields to your trading screen.
Position - shows your position in the instrument.
Market Value - equal to the position * market price.
Avg Price - the average price is calculated by dividing your cost (execution price + commission) by the quantity of your position. This value is then used to determine your unrealized P&L.
Position and P&L - shows your profit and loss for the current day. You can elect to show New Position P&L which is only for transactions executed today, or Daily P&L, which includes all open positions plus the New Position P&L.
To set the P&L calculation, right-click the field name and select Configure Position and P&L Column.
To display New Position P&L, uncheck the box to Include today's opening position in P&L calculation. The field heading will display P&L (N) to indicate it's for new positions only.
New Position P&L calculation:
(current price - purchase price) x (number of outstanding shares purchased today).
To display Daily P&L, check the box to Include today's opening position in P&L calculation. The field label will read Position and P&L.
Daily P&L calculation:
(current price - prior day's closing price) x (total number of outstanding shares) plus New Position calculation for all new positions.
Unrealized P&L - the difference between the current market value and the average price of your position.
Realized P&L - shows your profit or loss on closed positions, which is the difference between your entry execution cost (execution price + commissions to open the position) and exit execution cost (execution price + commissions to close the position).
Cost Basis - the current position x average price.
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