Skip to main content

How to Track Live P&L for Open Positions

Overview​

Monitor real-time profit and loss for your active trades during market hours.

Steps​

1. Go to Open Positions​

Navigate to Open Positions page

Screenshot: Open positions page

2. View Live P&L Column​

Each position shows:

  • Unrealized P&L: Current profit/loss
  • % Change: Percentage move
  • Color: Green (profit) or Red (loss)

Screenshot: Live P&L column

3. Portfolio P&L​

Top header shows:

  • Total Unrealized P&L: All positions combined
  • Overall % Return: Portfolio performance
  • Auto-updates every few seconds

Screenshot: Portfolio P&L header

Success!​

You're tracking live P&L in real-time.

P&L Calculation​

Formula​

Unrealized P&L = (Current Price - Entry Price) × Quantity × Direction

Direction:

  • Long (Buy): +1
  • Short (Sell): -1

Example​

  • Entry: ₹2,450 (Buy)
  • Current: ₹2,475
  • Quantity: 50 shares
  • P&L = (2,475 - 2,450) × 50 = ₹1,250 profit

Real-Time Features​

Auto-Refresh​

⚡ Updates every 5-10 seconds
⚡ No manual refresh needed
⚡ During market hours only
⚡ Live price feeds

Color Coding​

🟢 Green: Position in profit
🔴 Red: Position in loss
⚪ Gray: Near breakeven

Sound Alerts (Optional)​

  • Enable in settings
  • Alert on profit target
  • Alert on stop loss hit
  • Configurable thresholds

Screenshot: Alert settings

P&L Breakdown​

Detailed View​

Click on position for full details:

  • Gross P&L: Before costs
  • Brokerage: Trading fees
  • Taxes: GST and other taxes
  • Net P&L: After all costs
  • Breakeven Price: No profit/loss point

Screenshot: Detailed P&L breakdown

Multiple Positions​

Combined View​

  • See all positions at once
  • Total portfolio P&L
  • Individual position P&L
  • Sortable by P&L amount

Best/Worst Performers​

Quick filters:

  • Top gainers
  • Top losers
  • Sort by % change
  • Identify opportunities

Dashboard Integration​

Mini P&L Widget​

Add to dashboard:

  1. Go to Dashboard
  2. Add "Live P&L" widget
  3. Shows quick summary
  4. Click to open full page

Screenshot: P&L widget on dashboard

Market Hours vs After Hours​

During Market Hours (9:15 AM - 3:30 PM)​

✅ Live price updates
✅ Real-time P&L
✅ Auto-refresh active

After Market Hours​

⏸️ Shows last traded price
⏸️ P&L frozen at close
⏸️ Updates next trading day

Mobile Notifications​

Enable P&L Alerts​

  1. Go to Settings > Notifications
  2. Enable "Position P&L Alerts"
  3. Set thresholds (e.g., ±₹1,000)
  4. Get mobile notifications

Screenshot: P&L notification settings

Historical Tracking​

Daily Snapshots​

System saves:

  • Opening P&L
  • Intraday high/low P&L
  • Closing P&L
  • View history in reports

Quick Tips​

  • Check P&L before major decisions
  • Set price alerts at key levels
  • Monitor during volatile periods
  • Don't obsess over small moves
  • Focus on planned exits

P&L Accuracy​

Data Sources​

  • Live from broker (if connected)
  • Exchange data feed
  • 15-minute delay for free users (if applicable)
  • Real-time for paid users

Discrepancies​

If P&L doesn't match:

  • Check entry price correct
  • Verify quantity
  • Confirm broker sync
  • Allow for brokerage/taxes

Percentage vs Amount​

Toggle View​

Switch between:

  • Rupee Amount: ₹1,250
  • Percentage: +2.04%
  • Both shown simultaneously

Quick Actions from P&L​

Based on P&L​

  • In Profit: Set trailing stop
  • In Loss: Review stop loss
  • Near Target: Plan partial exit
  • Hit Stop: Close position

Next Steps​

Troubleshooting​

P&L not updating? Check market hours and connection
Wrong P&L calculation? Verify entry price
Delayed updates? Check broker sync
Missing position P&L? Position may have closed
Need help? Contact support@tradelyser.com