Question: would you consider a trade opened on Day 1 and closed on Day 2 be recorded as a Day 2 history record? My rationale is that open accounts can only be recorded on the day of closure.
I think that’s correct, albeit my broker records the Day 1 trade as a Day 1 history trade throughout, even though it is recorded on closure on Day2. Why is that?
N.B. The trade number remains the same throughout.
I would consider every full day or part-day that a trade is open as 1 day. So even if the entry is at 23:59 and the exit is at 00:01, I would count that as 2 days.
Sounds like their software was written by either an idiot, or worse an IT expert.
Interesting. So it wouldn’t count the time lapsed while the trade is open?
For me if the trade is only open for 1 minute on a given date that counts as 1 day. I don’t generally trade intra-day so I only track holding times in days, not hours or minutes.
Hmm. Interesting. Good to know!