Positions and Lots¶

Finvee records every trade you make as a combination of two things: a Position and one or more Lots. Understanding the difference between them helps you read your portfolio data accurately and get the most out of the trade history and P&L views.

Positions: the aggregate view¶

A Position is the summary view of one complete trade cycle for a single asset. It answers the questions: how many shares do I hold right now, at what average cost, and what is the current status of this holding?

A position tracks:

• Total shares held — the net quantity currently in the portfolio
• Weighted average cost — the blended cost per share across all your buy transactions
• Status — Open, Partially Closed, or Closed
• Direction — Long or Short

When you buy shares, a position opens. When you partially sell, it becomes Partially Closed. When you sell everything, it closes. A closed position is a permanent historical record — you cannot reopen it. If you buy the same asset again later, Finvee creates a new position for that fresh cycle.

You can hold multiple closed positions in the same asset across time, each representing a distinct trade cycle.

Lots: the individual transaction record¶

A Lot is a record of a single transaction. Every buy, scale-in, partial sell, or full exit creates exactly one lot. Lots are the permanent, immutable audit trail of everything that happened inside a position.

Each lot records:

• Type and direction — whether it was a buy or sell, long or short
• Quantity and price — the original traded amount and execution price (these never change)
• Commission — the brokerage fee for this transaction
• Trade date — the economic date of the transaction, used for cost basis and holding-period calculations
• Notes — freeform text for anything you want to annotate on this specific transaction
• Lot tag — a short label you can assign to group or annotate this lot independently (see below)

Scale-ins: adding to an existing position¶

When you buy additional shares in an asset you already hold, Finvee adds a new lot to the existing open position rather than creating a new position. The position's weighted average cost updates to reflect the blended entry across all your buy lots.

This lot is marked as a scale-in, which lets you filter and analyse your scale-in behaviour separately — for example, to see whether adding to positions at higher prices has helped or hurt your average outcome.

How closes work: FIFO matching¶

When you sell shares, Finvee matches each share sold to a specific buy lot using FIFO (first in, first out) — the oldest buy lots are consumed first.

For each buy-lot / sell-lot pair that gets matched:

• Realised P&L is calculated as (sell price − buy price) × shares matched
• Holding period is the number of days between the buy lot's trade date and the sell lot's trade date
• Short-term or long-term is determined by whether the holding period is under or over 365 days

This matching happens automatically. If a partial sell only consumes part of an older buy lot, that buy lot remains open with a reduced remaining quantity until further sells consume the rest.

Commissions are deducted from your free funds at execution time but are not included in the matched P&L figure — so the P&L shown in lot detail is the gross realised gain or loss before fees.

Lot tags: labelling individual transactions¶

Every lot has a Lot Tag — a short free-text label (up to 80 characters) you can use to annotate and group individual transactions independently of any Trade Idea or position-level notes.

Useful for:

• Labelling scale-in sequences ("Scale-in #1", "Scale-in after breakout confirmation")
• Marking entries tied to a specific setup or event ("Earnings entry", "Sector rotation play")
• Grouping lots across multiple positions that share a common thesis or timing

Lot tags are entirely optional. You can add or edit a tag at any time by clicking the Tag cell in the lot detail table — type your label, then press Enter or click away to save. Press Escape to cancel.

A tag is independent of the linked Trade Idea. It is a personal annotation tool, not a link to another record.

Position status reference¶

Next steps¶

• Connect a Trade Idea to a position →
• Import trades from your broker →