Comment on Cover Orders - For Higher Leverage

raunak commented on 07 Mar 2013, 02:43 PM

wait wait..
for example..
Bought stock A @ 150 , 300 shares and sold @ 160 . So, profit is 160-150=10*300= 3000
then bought stock A @ 158, 100 shares and sold @ 160 . So, profit is 160-158=2*100=200
so total profit actual is 3,200

so in avg method ie admin positions of how it is shows is :
150+158 /2 = 154 – avg buy price
160=160 /2 = 160 – avg sell price
total shares 300+100 = 400
so avg profit is 160-154=6*400= 2,400 !!

so ill get 3200 in account or 2400 ??

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