Understanding the Trade

009: Trade Details (Part 2)

Understanding the trade:

Your broker views everything in units or shares of 'something' and with that unit/share, you have an action:
  1. BUY: You traded your money for a unit/share of 'something' = positive units in & negative money out
  2. SELL: You traded your unit/share of 'something' for money = negative units out & positive money in
  3. MISC: Dividends, transfers, fees, etc. are all combinations of trading units for money and expressed using 'buy' and 'sell' of the units/shares
To start our example trades, we will SELL a covered call:
 ⇒ 

Notice in the #Shares, we're saying 'SELL 1 Call' which is express as units/shares leaving the account, i.e. -1. This would also be true if your first action is to SELL SHORT.

Adding more trades:
BUY 1 RIVN Put @ 3.25 with the fee of .35 cents
BUY 100 CIFR Shares @ $14.38
SELL SHORT 300 Shares of SOFI @ $30



Take note of a few things:
0: Stocklog+ couldn't find art for this broker -> defaults to show Stocklog+ art. Also, hovering over the account is a fast way to view the account number
1: Notice from the trade action we performed, the SOLD covered call is -1 and we SOLD SHORT (-300) shares of SOFI
2: The date format will always convert to YYYY-MM-DD. For stocks and crypto, Stocklog+ will show the delayed quote for the security in the ClosePPS field, this will affect NetAmount
3: Because of #2, Stocklog+ is able to summarize Unrealized gains & losses and current Net. Notice 5 OPEN trades because no trade has a ClosedDate to actually close the trade

Trade Breakdown:
34: Bought 100 shares (positive 'something'/shares in), it cost $17.48 per share (negative money out)
35: Sold Covered Call (negative 'something'/shares out), we received $.85 for selling it which gave us (positive money in) $85 - .35(fee) for current total $84.65
36: Bought 1 Put for $3.25 (positive 'something'/shares in), for that we paid $350.00 + .38(fee) (negative money out)
37: Bought 100 shares (positive 'something'/shares in) for CIFR at $14.38 (negative money out)
38: Sold SHORT 300 (negative 'something'/shares out), we received $9000 - $8562 (current share price 28.54) for selling it which gave us (positive money in) - so far!

Let's skip ahead and assume the date is now 11/27/2025 and the following is true:
RIVN closed the day at $18.55, CIFR closed at $16.49, SOFI closed at $31.88 and we close all three positions. Action to take (EDIT the following rows & columns):
34: Still open
35: Option expires worthless, leave ClosePPS at 0, enter 11/27/25 as close date
36: Still open
37: Set ClosePPS to 16.49, enter 11/27/25 as close date
38: Set ClosePPS to 31.88, enter 11/27/25 as close date

The Summary board updates and look in the status bar at the bottom, it is giving quick statistics of the number of closed trades based on the 'type':

Now let's assume on 11/28/2025 we sold the Put in the early morning at .05 and and RIVN makes a run to close at $20.23:
34: Set ClosePPS to 20.23, CloseDate 112825 (yes, that is valid) 😉
36: Set ClosePPS to .05, CloseDate 112825

The final results of our trades:

Let's recap what we've done so far:
  1. We started off with a balance of $10,000. 💡 You can always find/modify your starting balance in the account window (see #6)
  2. We have 3 successful, 2 losing, and 0 open trades
  3. Our win rate is 60%, but we have an average 4.97% loss on each trade and we've lost 3.14% of our principle.
  4. We made $570.65 on our winning trades, but once we add in our losses, we have a realized loss of $313.73
  5. Average days we held on to our trades = 13.8 (14 days), Longest Held Trade = #34, Most Profitable Trade = #34, Least Profitable Trade = #38
  6. Our Profit Factor is telling us... we need to change our strategy!
  7. Trade Breakdown let's us know we have closed: 2 BUY Trades, 1 Call, 1 Put, and 1 Sell. Good information when you have tens, hundreds, or thousands of trades! It gives another data point.
Side Note: The DTE would show 0 if it was really 11/28/25 because the Option Expiration date would have expired.


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