Today I'm going to break them down. Firstly I'd like to display the Table of stocks that have been completed as of today, based on transactions that were closed with profits and those which were stopped with losses. Table 1 has the list as follows:
The total completed trades now stands at 31, and 21 out of them had given a return of Rs.11,007.01, averaging 524.14 rupees in profits per trade. Whilst the loss is Rs. 7875.18, averaging a loss of 787.52 per trade.
An important point the traders follow is that they take the profit component out whilst allowing the future trades to recoup the amount that was lost. The key point here is that they know trading makes losses as well as profits. Hence they take the profit out whilst letting the losses be there to be covered over time. The easiest thing to do is to make profits and wait until the losses are covered to take the balance out. But trading is not a once and for all venture. Therefore they leave a margin of risk to cover the losses overtime. Another way is to take out profits after deducting a part of losses, may be 10% of the losses deducted when taking the profits out etc.
As per the above table you can take the profits out per trade or as a lump some of Rs. 11,007.01 and leave the loss as it is. Or you can deduct 10% of the losses i.e. 787.75 from the profit of 11,007.01 and take out 10,219.26. The reason as to why you must take the profits out is that IT IS THE REASON YOU TRADE. You trade to MAKE MONEY. But if you look at the entire portfolio and wait until things are great or wait for the entire value to go up, may be you have to wait until cows come home.
After closing the above transactions the remaining purchases are given below as short term and long term record of transactions. This is something that your online portfolio won't show but you can do it personally.
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