diff --git a/freqtrade/persistence/models.py b/freqtrade/persistence/models.py
index 9ea0d67c4..e886a58da 100644
--- a/freqtrade/persistence/models.py
+++ b/freqtrade/persistence/models.py
@@ -236,7 +236,7 @@ class LocalTrade():
     close_rate_requested: Optional[float] = None
     close_profit: Optional[float] = None
     close_profit_abs: Optional[float] = None
-    stake_amount: float = 0.0
+    stake_amount: float = 0.0  # TODO: This should probably be computed
     amount: float = 0.0
     amount_requested: Optional[float] = None
     open_date: datetime
@@ -511,6 +511,20 @@ class LocalTrade():
             f"Trailing stoploss saved us: "
             f"{float(self.stop_loss) - float(self.initial_stop_loss):.8f}.")
 
+    def is_opening_trade(self, side) -> bool:
+        """
+        Determines if the trade is an opening (long buy or short sell) trade
+        :param side (string): the side (buy/sell) that order happens on
+        """
+        return (side == 'buy' and not self.is_short) or (side == 'sell' and self.is_short)
+
+    def is_closing_trade(self, side) -> bool:
+        """
+        Determines if the trade is an closing (long sell or short buy) trade
+        :param side (string): the side (buy/sell) that order happens on
+        """
+        return (side == 'sell' and not self.is_short) or (side == 'buy' and self.is_short)
+
     def update(self, order: Dict) -> None:
         """
         Updates this entity with amount and actual open/close rates.