Abbreviation: GrossLossLong
Category: Trading Strategy: System Information
Input Parameters:
| Name | Range | Default |
| Trading Strategy | ||
Calculation:
Sum of all Long Trade Losses
For long trades with an entry price > exit price,
Trade Loss = (entry price – exit 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 long trades. When graphed, provides a useful means of analyzing, troubleshooting and improving a trading strategy.