Trade error due to Stock split
-
In the momentum investing, exit trades report, I found an error in a trade which incorrectly got exited post corporate action like stock split which adjusts stock price. The system bought a stock, stock split happens after the entry. Post the split, the stock price got reduced as per split ratio, but the entry price is not adjusted. Due to this the trade got exited in a loss while the adjusted price has gone up in that period. It should not have got exited in loss.
-
@Bhaavin Ashar
same error , I cant exit through momentify -
@Mrinal Kanti Mondal what is the issue you faced? is this live trade?
-
@Bhaavin Ashar I enter this stock through Momentify, later bonus issue 1:1, I got bonus share but this stock cant exit through Momentify although stock exit my condition( exited manually). reflecting in Momentify till now.
-
@Definedge awaiting response
-
@Mrinal-Kanti-Mondal -As discussed on call, bonus shares are usually credited to the Demat account within a couple of working days. If your strategy signals an exit, you can sell the stock from your holdings and update it in Momentify using the Mark Sell option.
-
@Definedge the above screenshot is from trade report, if you say the bonus/split is taken care of so could it be some other error ?
