Average cost
Also called: cost basis, avg
The average price you paid per unit, across every buy in the position.
In practice
Buying more re-averages it; selling doesn't move it. Your P&L is always measured against this number.
Also called: cost basis, avg
The average price you paid per unit, across every buy in the position.
Buying more re-averages it; selling doesn't move it. Your P&L is always measured against this number.