Hello i bought Accolade in 2 dates ( day X and day Y). Each day (per example) i bought in day X 2 stocks and on day Y i bought 3 stocks…
On day Z i sell it all, how can i measure the profit on the stocks on day X and day Y, since trading 212 just appears the total…
Thanks in advance
Regards
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[ 1 ] Work out cost of X
X purchase price * X number of shares
[ 2 ] Work out the revenue from selling X
X sale price * X number of shares
[ 3 ] Calculate profit
X revenue (from step 2) - X cost (from step 1)
Then do the same for Y.
e.g. if X purchase price was $3, and Y purchase price was $4, and when you sold everything price was $5, then…
$3 * 2 = 6
$5 * 2 = $10
$10 - $6 = $4
X profit = $4
$4 * 3 = $12
$5 * 3 = $15
$15 - $12 = $3
Y profit = $3
X made you $4, Y made you $3, and together you made $7.
This all excludes fees and other deductables.