QuoteDislikedCorrect me if I am wrong.. the average price would be 211.02 (210.97+211.07 = 422.04 / 2 = 211.02). The next ideal new base trade would be at 209.02 or below. Right?
This the way I understand it as well. If 209.02 is filled, then close out all trades when open P/L equals 0 and then start new series of trades.