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

Asked 2w ago

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?

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    The price in your holdings like reflects the commissions incurred as well. This would give you a more accurate reflection of your P/L for that position.

    So, the price reflected should be = ((No. of shares * Price Executed at) + Commissions) / (No. of Shares)

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

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    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.​​​

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