Asked 2w ago
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?
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)
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.