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RE: Crypto Academy Trading Competition [Fredquantum-Kouba01 Traders Team] - S6T3

in SteemitCryptoAcademy3 years ago

This is wonderful. Professor just some clarification.

I got disqualification last trading contest because we used price to calculate the profit and not the asset.

So please professor help to clarify me here because it was heart breaking not to get a single post out of 5 curated.

Do we Calculate the profit base on the price or base on the asset.

Thank you for your prompt reply

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 3 years ago (edited)

Your entry price and Exit price is what is taken into consideration before calculating your profits/losses

Or you simply take your final realized PNL and add to your entry so that you can know your exact exit position. But know that your realized PNL is either your Profit or your losses