Comprehensive introduction of cost methods
@TigerPM:
Some tigers might notice TigerTrade V8.0.5 has launched a new cost method--average cost method. After updating to V8.0.5, tigers can choose among three costing methods: the average cost method, first-in first-out and diluted cost method. So what is the difference among the three different cost methods? What happens to the app after switching between different cost methods? Tiger Product Manager takes you to learn about the cost methods.Currently TigerTrade provides three of the most widely-used cost methods, including average cost method, FIFO and diluted cost method. Tigers can select the cost method in 「Profile」-「Setting」-「Trade Setting」-「Position Setting」according to your preferences.For example: Day Action # of Shares Closing Price Transaction Fees Day 1 Buy 100 Shares APPL $170 $2 Day