Brief Question about Broker Statements

[TexasRangersFan]

Is there a brokerage that issues a statement illustrating your profit and loss on different positions ?

In other words, I would like to have a statement that would illustrate my profit on 100 shares of X and it would be in green for a profit and red for a loss based on the purchase price.

And an option would be illustrated as being in the money and potential profit and loss if I was to sell it at the current price.

And it would be updated instantaneously or every 5 minutes etc..

I don't recall ever seeing one like that.

 

[John26]

Is there a brokerage that issues a statement illustrating your profit and loss on different positions ?

In other words, I would like to have a statement that would illustrate my profit on 100 shares of X and it would be in green for a profit and red for a loss based on the purchase price.

And an option would be illustrated as being in the money and potential profit and loss if I was to sell it at the current price.

And it would be updated instantaneously or every 5 minutes etc..

I don't recall ever seeing one like that.

I'm looking into switching to http://www.tddirectinvesting.co.uk/
My friend uses them, their statements and interface seem pretty cool and I'm thinking of switching to them myself for that reason.

As far as "scenario"/"what if", not sure they do that. I use a spreadsheet where I enter all my transacs, I know, this is a little bit of an overhead but this is something I want to keep, when changing broker, you will lose all your transaction history most of the time. On that spreasheet, I have a couple of fields, one of them I put in my "What if" and it works out profit/loss based on that quote subtracting com.

Hope this helps.

Good luck

 

[TexasRangersFan]

I'm looking into switching to http://www.tddirectinvesting.co.uk/
My friend uses them, their statements and interface seem pretty cool and I'm thinking of switching to them myself for that reason.

As far as "scenario"/"what if", not sure they do that. I use a spreadsheet where I enter all my transacs, I know, this is a little bit of an overhead but this is something I want to keep, when changing broker, you will lose all your transaction history most of the time. On that spreasheet, I have a couple of fields, one of them I put in my "What if" and it works out profit/loss based on that quote subtracting com.

Hope this helps.

Good luck

Thanks for the suggestion. In the U.S. TD Direct is a part of Ameritrade.

They were ranked number one in a recent survey I found.

I'll check them out..

https://www.stocktrader.com/online-stock-brokers/

 

[John26]

Thanks for the suggestion. In the U.S. TD Direct is a part of Ameritrade.

They were ranked number one in a recent survey I found.

I'll check them out..

https://www.stocktrader.com/online-stock-brokers/

Yes, check them out, let us know how you get on.
I find their interface very user friendly (and pretty). I would imagine the US version is similar.

 

[hhiusa]

Is there a brokerage that issues a statement illustrating your profit and loss on different positions ?

In other words, I would like to have a statement that would illustrate my profit on 100 shares of X and it would be in green for a profit and red for a loss based on the purchase price.

And an option would be illustrated as being in the money and potential profit and loss if I was to sell it at the current price.

And it would be updated instantaneously or every 5 minutes etc..

I don't recall ever seeing one like that.

Interactive Brokers
https://www.interactivebrokers.com/en/software/reportguide/reportguide/activity_statement_samples.htm

Individual
https://www.interactivebrokers.com/images/common/Statements/sample_monthly_ind.html
Advisor Master
https://www.interactivebrokers.com/images/common/Statements/sample_monthly_advisor.html
Single Hedge Fund
https://www.interactivebrokers.com/images/common/Statements/sample_default_institutionmaster_monthly.html
Broker Master
https://www.interactivebrokers.com/images/common/Statements/sample_monthly_broker.html
Proprietary Trading Group Master
https://www.interactivebrokers.com/images/common/Statements/Sample_Monthly.htm

 

[TexasRangersFan]

For leading a secure and profitable trading life with certainly we the traders have to choose in regulated trading broker which for all time make sure a wide range of trading technologies with security of funds at any deposit including easy withdrawal system without long time process.

Thanks for your insight Fahad.