Suppose we buy 1 lot nifty futures at 7800, and 1 lot at 7840. Later we sell 1 lot at 7880. Now which one will be sold first (the 7800 lot or 7840 lot) ?
How does it make any difference as your net buy will become 7820 after buying 2nd lot and one will be having a open position of 1 lot after closing one.
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Oh…actually I never bought two lots so didn’t know how exactly this works…but thanks for clearing my doubt. Now I got that our buy positions get averaged down. Thank you for quick reply.