Abbreviation: SystemEquityShort
Category: Trading Strategy: System Information
Input Parameters:
Name | Range | Default |
Trading Strategy | ||
Calculation:
(Gross Short Profit ) – (Gross Short Loss ) + Open Short Position Profit
For short trades,
Open Position Profit = (entry price – current closing price) * shares – entry & exit commissions
Note that the entry price incorporate any specified slippage and/or point value.
Discussion:
Returns the total dollars profit/loss for all previous trades combined with any open position profit/loss. When graphed, provides a useful means of analyzing, troubleshooting and improving a trading strategy.