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Fio
@fiodar.eth
ladies and gentlemen crypto's get rekt app ehm I meant breakout
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turnerinterrupt
@turnerinterrupt
Realised profit being current USDC balance + withdrawals - deposits? Or is it net gain on only finalised trades?
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Fio
@fiodar.eth
total payouts + total sales - total buys
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turnerinterrupt
@turnerinterrupt
So it massively over represents losers as most people have active positions on no? Ie things in ‘total buys’ that are not complete losses and have value?
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Fio
@fiodar.eth
hm yeah it's possible / likely that more accounts might have a positive P&L if you consider active positions but then this wouldn't be the 'realized' P&L
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turnerinterrupt
@turnerinterrupt
Yes but counting active positions as a realised loss is also false. The correct method is net gains for closed positions, ie total sales minus total buys only for those closed sales. The chart is fake news imo?
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Fio
@fiodar.eth
valid point! I would encourage you to take a look at the dashboard’s SQL query - as I maybe misunderstood it? Either it’s that or the methodology is indeed flawed
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