Explain how adding/removing from an open position changes profit
Created at 12 Jul 2023, 17:44
Q.
Explain how adding/removing from an open position changes profit
12 Jul 2023, 17:44
Hi,
I am currently finding it difficult to see how adding or removing lots to/from an open position will affect the profit. While the desktop version shows how it affects the Stop Loss, it would be useful to know the expected profit beforehand. This would be particularly helpful for pyramiding strategies in which one tries to incrementally build up a position.
Best regards,
Qaiser