♫ Background Music ♫
Narrator: In this video,
we will show you how to review your open orders, positions and unrealized profit & loss on them.
First, on the left hand menu, navigate to the Account tab, where you will find the Orders tab.
Just a reminder that position is an industry term for the stocks and ETFs you hold.
This page has filtering options at the top. If you have placed several orders,
these options can be very useful for getting to the information you are looking for easier.
You can also filter by a specific symbol.
There are several columns on this page, displaying different information about your orders.
The first column will show you the symbol and a short description of the asset.
The second column will show you the status of your order.
You can edit the columns by clicking the blue bars in the top right.
Let’s dive into some of the different status types you’ll see here.
Executed means an order is fully completed and filled.
In other words you now own the stock or ETF and it is now part of your positions.
Accepted means your order has been sent to the exchange
but it has not completely filled or executed yet.
You may also see cancelled or replaced in this column,
depending on if you have cancelled or modified your order.
The Action column shows whether the order was a buy or a sell
and beside it is Quantity, which shows the amount of shares requested for the order.
The Fill Quantity column shows how much of your order has been filled or completed.
Sometimes with Limit orders if only some shares are available at your limit price, you may see
that only a part of your order has filled. This can happen with larger order quantities.
As you continue along the columns, you’ll be able to see some additional information.
Like, reviewing your Limit Price if you have used a Limit Order
and confirming your final fill price for any type of order.
That is the basics on the order page. Now let’s move onto the Positions page.
This page is right beside the Orders tab.
On this page, you can see up-to-date information on your current investments.
In the first column, you will see the symbol and a small description of the investment,
just like the orders page.The next two columns display your open and closed quantity.
Open quantity shows the amount of shares you currently own in your account.
Closed quantity shows the amount of shares which you have sold.
The next column shows you your average purchase price, this means if you have
bought that stock a number of times, it will be the average price paid overall.
The price column here shows the current price per share.
The market value is the amount of shares you own multiplied by the current share price.
Percentage of portfolio displays the percentage (out of 100%)
that the specific investment has in your account compared to the other investments.
Lastly, you can see your open and closed profit & loss for your investments.
Open P&L shows the total unrealized profit or loss for open positions in your account.
This simply means you still own the investment and have not yet locked in your profits or by selling.
Closed profit and loss shows the realized profit and loss figures in your account.
This includes closed positions you have sold during the current day,
and realized P&L values for positions you still hold.
And that is a quick summary of some of the important pieces of
information you may be looking at while trading.
We hope you found this video helpful! If you're looking for more information about your Questrade
account, we have many other videos to help you get familiar with your account and the platform.