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.
Measuring profit for each stock can be tricky, but it’s definitely manageable with the right tools and approach. Start by tracking your entry and exit points for each trade. This gives you a clear picture of how much you spent versus how much you gained.
One effective method is to use trading indicators that can help you analyze performance more accurately. For instance, the indicators provided at this link - https://www.clickcapital.io/tradingview-indicators can give you detailed insights into your trading activity and help you measure profits for individual stocks.