Comment on Introducing Console holdings

Zaheer commented on 04 Feb 2021, 07:20 AM

I am having the same problem. If I am trading during the day as well as carrying forward some shares, how do I calculate whether overall I am in profit or loss? If I bought shares at a higher price, ideally the average price of my holdings should show a higher number, but since FIFO is used, the average shows a lower number and it looks like my invested amount has lowered.

Is there a way to calculate the actual realized profit/loss? Since the console uses FIFO averaging to calculate the profit and loss, it doesnt give the correct number.

View the full comment thread »