TRADE DEFINITION

[gawdib]

i AM SORRY TO SEEM SO PICKY, BUT I REALLY FEEL THAT YOUR WORK IS EXCELLENT AND VERY IMPORTANT TO ME. THUS, I WANT TO BE SURE I AM FOLLOWING 100% . i COULD NOT FIND A FORMAL DEFINITION OF A "TRADE", AND i DO NOT WANT TO MAKE ANY FOOLISH ASSUMPTIONS JUST BECAUSE I FELT I SHOULD NOT ASK.


AM I RIGHT IN STATING THAT IF I USE THE SIMPLE WORD "TRADE " (WITHOUT ADDITIONAL WORDS LIKE ENTRY LEVEL... OR LEVEL 0... OR RE-ENTRY...TRADE, ETC, THEN I MEAN REALLY A "COMPLETED" TRADE?, IN OTHER WORDS ONE THAT HAS HAD BOTH AN ENTRY AND AN EXIT?

THANK VERY MUCH, REGARDS, GEOFFREY

[David Samborsky]

AM I RIGHT IN STATING THAT IF I USE THE SIMPLE WORD "TRADE " (WITHOUT ADDITIONAL WORDS LIKE ENTRY LEVEL... OR LEVEL 0... OR RE-ENTRY...TRADE, ETC, THEN I MEAN REALLY A "COMPLETED" TRADE?, IN OTHER WORDS ONE THAT HAS HAD BOTH AN ENTRY AND AN EXIT?
Yes a trade is associated with an entry and exit point as well as entry and exit price.

As far as TradeSim is concerned an open trade is considered a 'Trade' because it has both an entry and exit point even though the exit point was forced at the end of data series.