If you’ve noticed a discrepancy in your profit and loss (P/L) between your Webull account and TradeZella, don’t worry; there are a few common reasons for this difference. In this guide, we’ll explain these reasons and provide step-by-step instructions on how to address them.
Common Reasons for P/L Differences
Commissions and Fees
One major factor contributing to the P/L difference is commissions and fees. Webull does not include commissions in their CSV files, which means that TradeZella reflects the GROSS P/L by default. To address this, you can:
Manual Entry:
You can add commissions and fees manually to each trade to ensure accurate P/L calculations.
Set Default Commission and Fee Rules:
Automate the process by setting up default commission and fee rules. Here’s a helpful article on how to set default commissions and fees for your trades.
Expired Option Trades
Another reason for the P/L difference could be due to expired option trades showing as open.
Auto-Close Expired Options: To resolve this issue, you can use the auto-close feature for expired option trades. Check out this guide on auto-closing expired option trades.
By understanding these common reasons for discrepancies and taking the appropriate steps to address them, you can ensure that your P/L in TradeZella accurately reflects your trading performance.
Need further support? Contact our support team at support@tradezella.com