Define Trade Please:is It Open+close Or A Single Execution?

Discussion in 'Trading' started by dsq, Dec 19, 2007.

  1. dsq


    Do you guys here consider a trade as a single execution like an opening of a position or is a trade a round trip deal like an open and closing of a position....
  2. You buy, 1 trade. You sell, you close an open position with another trade. You buy 500, you sell 500, you traded 1000 shares in two transactions.

  3. Robby


    I think it's used both ways, depending on the context.
  4. dsq


    Thank you Don.
    Long ago in my position trading days when i made few transactions,I considered a trade as a round trip transaction.

    "You buy 500, you sell 500, you traded 1000 shares in two transactions"

    yes thanks for answering what was going to be my 2nd question!
  5. Pekelo


    I consider it as a roundtrip, but it is really just semantics.

    Do you consider going to the store and get groceries as one trip or two? There is your answer. :)

    On a second note, let's complicate it: Let's say you average in 3 times and sell it at 2 prices. Is that 1 trade or 5?