PnL showing wrong in chart

Trading
1

Hi

I used to trade from https://tv.upstox.com. Where PnL is showing wrong when we buy or sell same strike multiple times.

For. ex. if I have bought 100 qty at 100 price. and sold at 110 so my Profit will be 1000. Now if I bought 100 qty at 200 and price is running at 220. It should show running profit as 2000. But it is showing inaccurate PnL. Please fix this issue as this is making so much confusion as we can not see actual PnL and end up losing trade.

And Need to give suggestion for adding scalping mode in tv.upstox.com where we can quickly buy/sell in fewer clicks. As currently there is no option for partially exiting position. It needs multiple clicks to close position partially which reverse the trade before we can book profit. You can refer to Dhan platform where they have given floating order pad with buy sell and quantity option where we can easily modify quantity and book profit quickly.

2

Hi @Jagdish_j_ptl

The P&L calculation takes previous tradeā€™s numbers also into consideration. This was useful for many users. Weā€™ve noted that this is also a nuisance for the other half. As a solution, weā€™re developing a switch that could help users to choose the type of P&L they prefer (combined or individual). This is under development and shall be rolled out towards the end of January.

On Scalper mode, this is also in development and will be out soon.

You might have noticed, tv.upstox.com is getting frequent updates (MTM & Exit all, Price Alerts, etc) and we have lots more to build on it. Feel free to share your feedback on anything that we can improvise on!

3

Thanks for the updates.

Few more suggestions/bugs:

  1. In tv.upstox.com we can not enter quantity more than freeze limit.
  2. We need option in settings to set daily loss limit. So that position should auto square off if limit is reached and user should not be able to trade more for some specific time limit.
  3. There should be option to save daily profit also. I.e. if user has booked 10000 profit and he wants to keep 70% safe and wanted to risk 30% of profit for next trade then it could be manageable from settings to exit from trade if 30% risk is consumed.
  4. There should be profit lock option that Iā€™ve mentioned multiple time also. Like after initiating trade if price goes in the profitable direction then there should be option in setting that will apply to all trade to lock profit in terms of ticks or price. For example if I have bought option at 100 and price reached at 110 then at least 102 price should be locked auto so that if price touches 102, trade will auto exit, without waiting for stoploss to hit.
  5. currently after initiating order, if stop loss order is pending then we can not exit position directly. we need to cancel stoploss order first and then we can exit from current position. There should be option so that we can exit current position and cancel existing SL order.
  6. while creating new order add option to cancel existing pending order. that will help us to place new SL order without cancelling earlier order as modifying existing order takes more time than placing new SL order using instant order.
  7. Trailing SL should be placed together with buy/sell order. Currently we need to place trailing SL order after our buy/sell order is executed. Which is not feasible in terms of scalping. We need to quick book profit.
1 Like
4

Thanks for your feedback @Jagdish_j_ptl