facebookJust bought a stock at limit order price on Tiger Brokers. When I view my holdings, the amount is slightly higher? - Seedly

Anonymous

14 Jan 2021

βˆ™

General Investing

Just bought a stock at limit order price on Tiger Brokers. When I view my holdings, the amount is slightly higher?

Tiger broker newbie here. I read that it's the open position price. Why buy a stock for a lower price for it to reflect differently and makes the profit smaller?

Discussion (5)

What are your thoughts?

Learn how to style your text

It's the average cost after including commission for the trade

Billy

13 Jan 2021

Development & Acquisitions Manager at Real Estate Private Equity

Indeed as per what Chris mentioned. However, do also note that Sell-commissions are not included. The avg. Cost Price you see only includes the Buy Commission. So remember to factor that if you intend to sell at breakeven.​​​

Chris

13 Jan 2021

Owner and Writer at Tortoisemoney.com

The price in your holdings like reflects the commissions incurred as well. This would give you a mor...

Write your thoughts