We have MTM in ADMIN POSITIONS represented in TWO ways,now:
1.Day-wise
2.Net-wise
While FIRST indicates about DAY performance ,the SECOND indicates
overall performance or NET positions.
Why can't we have another way of another representation ,that is,
3.TRADE-wise
I will explain in detail taking fictitious values.
Trade.1
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Consider a person bought 6000CE at 100 and sold 110.(100 options or 2 lots)
HTML:
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Trading Symbol BUY SELL NET BUYaverage SELLaverage MTM LTP
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6000CE 100 100 100 110 1000 110
Trade.2
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Consider same person bought 5900PE at 50 and sold 60.(100 options or 2 lots)
HTML:
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Trading Symbol BUY SELL NET BUYaverage SELLaverage MTM LTP
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6000CE 100 100 100 110 1000 104
5900PE 100 100 50 60 1000 60
Trade.3
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Again bought 6000CE (100 options or 2 lots) at 98 and current price is 94.
The MTM is shown like this ,as per your present format.
HTML:
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Trading Symbol BUY SELL NET BUYaverage SELLaverage MTM LTP
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6000CE 200 100 100 99 110 600 94
5900PE 100 100 50 60 1000 60
What I am proposing is the following change:
HTML:
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Trading Symbol BUY SELL NET BUYaverage SELLaverage MTM LTP
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6000CE 100 100 100 110 1000 94
5900PE 100 100 50 60 1000 64
6000CE 100 100 98 -400 94
Both yields the same result.
ADVANTAGES:
One can analyse TRADES in a better way because TRADE.3 will be in RED colour ,indicating
you are against the TREND.In present format it will appear in GREEN colour ,since ,the
NET result is positive.It gives a false look ,since it is indicated in GREEN.
One can plan Stoploss and Exit in a better way.
With fewer trades ,one can remember ,previous MTM value.But if trades are more it
is difficult to remember the values.
A sea of RED means that person is going against the trend.
If is deemed FIT ,you can incoporate the same after studying from your angle.