Yearly profit

Discussion in 'Trading' started by fogut, Dec 21, 2008.

  1. fogut

    fogut

    On December 31, when you count your yearly profit, do you take into consideration your open positions or do you only consider the trades that are closed ?

    Thanks.
     
  2. fogut

    fogut

    In other words, when you tell someone how much profit you made at the end of the year, do you take the open positions in consideration when you calculate your yearly profit ?

    Thanks.
     
  3. Closed position.
     
  4. I mark my positions to market every night.
     
  5. I count "paper" profits and losses from open positions. If I don't, I am fooling myself.

    To each his/her own. :)
     
  6. Rex84

    Rex84

    only closed
     
  7. heypa

    heypa

    All positions where money is or was involved. If you're keeping score total your portfolio value forget the IRS rules.
     
  8. Surdo

    Surdo

    What he said!

    Mark the portfolio at the close on 12/31!