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Date/Time: Sun, 19 May 2024 02:34:18 +0000

Post From: Can't find expected way to calculate average price for position

[2019-01-24 16:32:21] Link To Thread - Link To Post [Go To First Post]
User972768 - Posts: 166
Just one more quick note On the surface this looks very similar to "Last In First Out", but the issue is that that method doesn't do any calculations of the average during the trade. The need for the Current value of the average for me is to set stops according to it, not to the initial entry point. Some people use this method to get better understanding of their position during Scaling In. Thanks