Quote from nitro 11-01-11 10:44 AM:
OFV went above SPX almost right out of the open. Out unit 3 at 1222.
This is a bit complicated because unit three was entered on slightly different logic and exited on new logic, but I have to use the same PnL logic to keep things straight.
Even though this is unit three against unit three, I have to mark-to-market the way my statements do. So even though systemically this is paring the exit at 1221 against the entry at 1220 or -2, in the real world it is matched against the entry at 1142.
So, in my mind, I see it as -2, but in the real world that is -80.