WEBVTT 00:00:01.300 --> 00:00:04.614 A portfolio is a view of what you hold. Each position row 00:00:04.614 --> 00:00:07.928 brings together an asset, an amount, and information about its value. At 00:00:07.928 --> 00:00:11.242 first, it can look like a wall of numbers. We will read 00:00:11.242 --> 00:00:14.556 one row from left to right, then connect it to the alerts 00:00:14.556 --> 00:00:17.870 and records around it. You do not need to buy or sell 00:00:17.870 --> 00:00:18.975 anything to follow along. 00:00:19.475 --> 00:00:23.696 Start above the row. Confirm whether you are viewing Paper or Live, 00:00:23.696 --> 00:00:27.916 and identify the account or exchange connection when shown. Paper holdings are 00:00:27.916 --> 00:00:32.137 simulated. Live information belongs to the selected connected account. A familiar coin 00:00:32.137 --> 00:00:36.358 symbol does not prove that you are in the same account you 00:00:36.358 --> 00:00:39.875 were checking yesterday. Establish that context before interpreting any result. 00:00:40.375 --> 00:00:44.261 On the desktop Portfolio table, Asset identifies the holding and Qty means 00:00:44.261 --> 00:00:48.148 quantity: how many units of that asset the position contains. Avg is 00:00:48.148 --> 00:00:52.034 its displayed average entry price per unit. Investment describes the amount attributed 00:00:52.034 --> 00:00:55.920 to the position. Value is its current displayed valuation. Read the headings 00:00:55.920 --> 00:00:59.807 even when you recognize the numbers; a price per coin and a 00:00:59.807 --> 00:01:01.750 whole position's value are different measurements. 00:01:02.250 --> 00:01:05.660 We will use a fictional Paper holding called Example Coin. It is 00:01:05.660 --> 00:01:09.070 a teaching example, not a market to search for. Suppose the position 00:01:09.070 --> 00:01:12.480 contains ten units, with an average entry price of twenty dollars and 00:01:12.480 --> 00:01:15.889 an investment of two hundred dollars. At a displayed price of twenty-two 00:01:15.889 --> 00:01:19.299 dollars per unit, those ten units have a value of two hundred 00:01:19.299 --> 00:01:22.425 twenty dollars. For this arithmetic, assume no fees or other activity. 00:01:22.925 --> 00:01:26.673 The Peak column needs special care. In this table, it shows the 00:01:26.673 --> 00:01:30.420 position quantity multiplied by the recorded peak price, when that information is 00:01:30.420 --> 00:01:34.168 available. It is not a guaranteed sale value, and it is not 00:01:34.168 --> 00:01:37.916 the amount of cash waiting for you. A percentage beneath it can 00:01:37.916 --> 00:01:41.663 describe the decline from that peak valuation. A dash means the peak 00:01:41.663 --> 00:01:43.225 information is not supplied here. 00:01:43.725 --> 00:01:47.596 The asset name can open a seven-day activity view with price history 00:01:47.596 --> 00:01:51.467 and available trade information. This helps you investigate what happened around that 00:01:51.467 --> 00:01:55.338 asset. It does not replace checking the exact position when several rows 00:01:55.338 --> 00:01:59.209 share a symbol. The Sell button opens a position review flow. Opening 00:01:59.209 --> 00:02:03.080 that flow and sending an order are separate steps, which we will 00:02:03.080 --> 00:02:03.725 examine later. 00:02:04.225 --> 00:02:08.179 Before deciding that a holding is missing, check the search filter and 00:02:08.179 --> 00:02:12.133 the setting that hides very small holdings. Also read the snapshot information 00:02:12.133 --> 00:02:16.087 where available. On a smaller screen, the layout may group information differently 00:02:16.087 --> 00:02:20.041 or require you to reveal more columns. Follow the labels rather than 00:02:20.041 --> 00:02:23.995 assuming a number has the same meaning because it occupies a familiar 00:02:23.995 --> 00:02:24.325 spot. 00:02:24.825 --> 00:02:28.906 Try describing our example in one sentence: this Paper position holds ten 00:02:28.906 --> 00:02:32.987 units, has two hundred dollars of investment, and is currently valued at 00:02:32.987 --> 00:02:37.068 two hundred twenty dollars. That sentence already separates ownership, entry information, and 00:02:37.068 --> 00:02:41.149 changing value. Next, we will explain why the twenty-dollar difference is useful 00:02:41.149 --> 00:02:44.550 information without treating it as money from a completed sale.