Auto Calculation Profit / Loss (stocks and futures)

For stock and futures trades, Edgewonk can automatically calculate the profit and loss of your trades when you enter trades manually.

When you import your trades, all this will be done automatically. 

The auto profit calculation is currently not available for other markets.

Under Settings, go to Journal and then select Stocks or Futures from the dropdown list. No other selections can be made alongside.

Once you have selected any of those, a new row shows up. Here you can enable the automated calculation.

After you have enabled the setting and saved the change, your journal is ready and will do the calculations on new trades.

When you open a trade, the Net Profit / Loss field is greyed out. You cannot manually edit the profit/loss anymore. You can enter fees for your trades and the Gross P/L will be calculated.

For the calculation to work, your trade needs to have the entry price, the exit price, and also the quantity entered. Only when all those inputs are made, the calculation is going to work.