Ah, that makes sense.

On Thu, May 21, 2009 at 9:48 PM, nonlinear5 <[email protected]>wrote:

>
> > I am modifying JBookTrader for multiple instruments, and have now
> > wandered into the performance manager section.  JBookTrader, for the
> > purposes of evaluating performance, considers the trade to be over, or
> > ending, when the "position becomes smaller", i.e. if you are shorting,
> > a trade has finished when you are shorting fewer shares/contracts/
> > etc.  However, if it determines that you are going bigger in your bet,
> > it does not count that as the end of a trade.
> >
>
> JBT counts the trade as "completed" when the position direction
> changes from a non-zero value. Examples:
>
> From 0 to 1  -> incomplete trade
> From 1 to 2  -> incomplete trade
> From 0 to -1  -> incomplete trade
> From -1 to -2  -> incomplete trade
> From 1 to 0  -> complete trade
> From -1 to 0  -> complete trade
> From -1 to 1  -> complete trade
> From 1 to -1  -> complete trade
>
> >
>

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