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I have a breakeven formula but it only works for a long trade. Does anyone have ideas to calculate a breakeven piont that will work both short and long side of a trade. The formula I have at the moment is:
Breakeven piont = ((Shares * Entry price)+(Total cost)) / Share
Gregor
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I'm not sure how one formula would work for both longs and shorts. you have to add to the entry price for long trades and subtract from it for short trades.
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