How do I know if I paper trade if the stop loss was hit before the take profit?

Discussion in 'Trading' started by andy_p, Dec 7, 2021.

  1. andy_p

    andy_p

    Hello,

    I posted here a question regarding paper trading. I need to know how to do it. There is just one piece of information that is missing and people have been doing everything to detract from the simplicity of the question. So I write down on a piece of paper the date of the trade the entry point the stop loss and the exit point. How do I know if it`s possible without looking at the chart to know if the stop loss got hit before the take profit? Do I go through all of the trades of the day to see if the price went near my stop loss?
    Thank you please don`t ruin my thread
     
    murray t turtle likes this.
  2. easymon1

    easymon1

    What is your price data source?
    What is the smallest increment that price data is provided in?
     
  3. thecoder

    thecoder

    Your Q is still unclear to understand :-(
    Is this stock trading?
    What is the symbol (ticker) that you trade?
    As an example: take a look at historical prices of AMD: https://finance.yahoo.com/quote/AMD/history

    Without any such market data from the exchange you of course can't know what the matter is.

    What kind of data do you have at hand?
    Tickdata or bardata?
    If bardata, then what is the size of the bars (ie. 15s, 30s, 60s, 5m, 15m etc...) and is it OHLC data, or just the Close price? (OHLC = Open, High, Low, Close).
     
    Last edited: Dec 7, 2021
  4. Overnight

    Overnight

    You call a broker and ask, or you guess, or you use the Magic 8-Ballâ„¢

    This is about the dumbest question ever asked on this forum in quite a long while. We have answered your question in the other thread.
     
    thecoder likes this.
  5. thecoder

    thecoder

    I just hope he'll not ask me what AMD in my above reply means or stands for... :)
     
  6. xandman

    xandman

    Your account would show a loss equivalent to the entry-SL value.
     
    trader221 likes this.
  7. Why don't you look at the chart? It just take seconds to look at it.
     
  8. Overnight

    Overnight

    He has it drilled into his head that he has to do it on pen-and-paper, without looking at a chart, and without using data from a broker. Lost cause, dude.

    There's always Astrology.
     
  9. deaddog

    deaddog

    upload_2021-12-7_15-13-26.png
     
    Scataphagos likes this.
  10. SunTrader

    SunTrader

    Whack a mole lol.
     
    #10     Dec 7, 2021