Loss from Trade 2 = (450-500) * 200 = INR -10,000.
Absolute Profit = 300+10000 = INR 10,300.
The percentage method is commonly used by intraday traders to calculate stop loss. ... Additionally, let's say you own stock trading at ₹50 per share. Accordingly, your stop loss would be set at ₹45 — ₹5 under the current market value of the stock (₹50 x 10% = ₹5).
Answers & Comments
Answer:
Turnover in case of Intraday Trading
Profit from Trade 1 = (88-85) * 100 = INR 300.
Loss from Trade 2 = (450-500) * 200 = INR -10,000.
Absolute Profit = 300+10000 = INR 10,300.
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Answer:
Turnover in case of Intraday Trading
Profit from Trade 1 = (88-85) * 100 = INR 300.
Loss from Trade 2 = (450-500) * 200 = INR -10,000.
Absolute Profit = 300+10000 = INR 10,300.
The percentage method is commonly used by intraday traders to calculate stop loss. ... Additionally, let's say you own stock trading at ₹50 per share. Accordingly, your stop loss would be set at ₹45 — ₹5 under the current market value of the stock (₹50 x 10% = ₹5).
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