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Qns out of blue
$AMC Entertainment (AMC.US)$ If i buy the first share at 100, them second at 50, the avg moomoo show would be 75 right?(ignoring commissions). if i sell the same1 share at 50 again, what would moomoo show for avg price? 100 or 75?
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Zen666 : Shd be first in first out
zhz242 OP Zen666 : so avg would become 50 instead...?
Moon Chaser : https://support.futusg.com/en-us/topic37/h5?url=202010362&skintype=3&clientlang=2&clienttype=52&clientver=11.15.2508&user_id_type=3&is_visitor=0&user_main_broker=WwogIDMKXQ%3D%3D&jump_target=3&data_ticket=e3418ae48ad0e8d936aacb8e09942be1
Moon Chaser : This will explain how they calculate
想退休 :
LSDragon : after you bought your 2nd share your avg price is 75 now, whatever you sell one share at, ur avg price is still 75..
zhz242 OP : hmmm, thanks for the ans guys. so this concludes that the avg price is not an accurate measure of p/l
pennypincher : moomoo will continue to show your average and your total gains and losses at the total number of shares you had before sell. it does not reconfigure to have. makes it a little harder to work the numbers. I would open a spread sheet and track it yourself if you are planning on buying and selling.