Abbreviation: GrossLoss
Category: Trading Strategy: System Information
Input Parameters:
| Name | Range | Default |
| Trading Strategy | ||
Calculation:
Sum of all Trade Losses
For long trades with an entry price > exit price,
Trade Loss = (entry price – exit price) * shares traded – entry & exit commissions
For short trades with an exit price > entry price,
Trade Loss = (exit price – entry price) * shares traded – entry & exit commissions.
Note that the entry and exit price incorporate any specified slippage and/or point value.
Discussion:
Returns the total loss for all previous losing trades. When graphed, provides a useful means of analyzing, troubleshooting and improving a trading strategy.