Gross Profit: Long Trades

Abbreviation: GrossProfitLong
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 Profit = (exit price – entry price) * shares – entry & exit commissions

Note that the entry and exit price incorporate any specified slippage and/or point value.

 
Discussion:

Returns the total profit for all previous winning long trades. When graphed, provides a useful means of analyzing, troubleshooting and improving a trading strategy.
 

Was this article helpful?

Related Articles