Definition
The percentage of your trades where you still hold an active position.
Formula
Open % = (Number of Open Trades / Total Number of Trades) * 100
Example
Let’s say you have the following trade status:
- 25 Closed Trades (either profit or loss)
- 5 Open Trades
Your Open % would be: (5 / 30) * 100 = 16.67%
Key Points
- Active Positions: Shows the proportion of your trades that are currently active and could still result in profit or loss.
Considerations
- Open Trades: Only trades where positions are still held are considered ‘open’.
