Comment on Orders - Place, Modify, Cancel & View

Nithin Kamath commented on 15 Mar 2013, 08:21 AM

Hi Raunak,

The profit/loss that will show on your admin position is marked to market profit/loss and not your total profit or loss. By this what I mean is the present profit you are seeing is MTM profit, this is calculated based on yesterday’s closing price.

Please understand that MTM is not really your absolute profit/loss. This will always show you based on closing price of last day if you hold a position overnight.

So if today’s closing price is 1.90, tomorrow if the calls are at Rs 2.00 it will show you mtm profits based on today’s closing price and not your buying price..

Hopefully this clarifies..

View the full comment thread »