Positions and PnL

How open and closed positions are tracked and how equity is calculated.

Positions are lots

Every purchase is a separate position (lot), even if you buy the same outcome again. Lots don't merge: each has its own entry price and its own result.

Where to look

  • Trades — all positions across all accounts, with filters by account, status and result, plus sorting and search.
  • Account page — open positions and the history of closed ones.
  • Event page — your positions on that event under the chart, with a Sell button.

PnL

  • An open position is valued at the market's current mid price: unrealized PnL = shares × (current price − entry price) − fee.
  • A closed position is valued at the sell price or the event outcome: that's realized PnL.

Account equity

Equity = free balance + open positions at market price. The challenge target and drawdown limits are measured by equity, and the equity chart is shown on the account page.