Positions

 

The Positions section of the Portfolio window displays details for all currently held positions. Positions can be dragged from the portfolio and dropped onto the Order Entry Bar on the Market Depth Window for fast order set-up. Account totals are provided at the bottom of the window.

 

Data Columns can sort positions in ascending or descending order. Data Columns provide streaming data for each symbol, including: Type, Symbol, Quantity, Average Price, Profit/Loss, and much more. Columns can be added, moved, or removed.See "Customize Portfolio" for details.

 

Understanding the Data Columns

Symbol
 The company's officially registered stock symbol.
Last
 The price of the most recently executed transaction. Last often toggles between the Bid and the Ask but may be at any price.
Change
 The difference between the Last price and the Close price.
Type
"1" indicates a non-marginable cash purchase;
"2" indicates that the purchase was made in a margin account;
"3" indicates a short sale;
"S" indicates a straddle.
Qty
 Number of shares held for long positions, or sold for short positions.
Average Price
The price at which the security was transacted (purchased or shorted). If the same stock was transacted over time at different prices, the prices are averaged together.
Profit/Loss
 Profit or Loss. Calculated as the difference between cost and Market Value, excluding commission cost.
Market Value
Current Market Value (CMV). During the Market session, CMV for long positions equals Quantity times the Bid and for short positions equals Quantity times the Ask. After Market close, both long and short market values are computed as Quantity times the Last price.
Total Cost
The total cost of purchasing the security.
P&L/Share
 Amount of profit or loss generated by a single share of the stock.
P&L%
 Percentage of profit or loss generated by the stock held.

Trade from the Positions Window

There are several ways to trade a stock from your Positions window:

 

  1. Right-click a stock in your Positions window. Select Close Out Selected from the pop-up list. To close out of all positions, select Close Out All from the pop-up list.
  2. An "Order Verification” window will appear. Review your order and click ”Submit” to send your order.

Other ways to trade include:

  1. Dragging and dropping a symbol onto the Market Depth Window and completing the Order Entry Bar,
  2. Adding an Order Entry Form to the Portfolio window, (See "Customize Your Portfolio" for details.) and
  3. Using the Trade Strategies window to create a trading strategy.

Change the Average Price

The "Average Price” is the average price paid for stock you hold. Average Price can be calculated different ways, so if you wish to change this price, you may do so, but please note that you do so at your own risk. Stock holdings which are acquired on the same day are figured on a "first in, first out” basis. Stock holdings that are acquired over time are figured with a straight average.

 

Right-click on the stock and choose Change Average Price from the pop-up list. Click ”Yes” after reading the disclaimer. Enter the new price information and click "Apply.”

Customizing Your Positions Window

Many details of your Positions window can be customized to suit your trading style.
See Customizing Your Portfolio Window for details.