Monday, September 28, 2009

September

So I calculated my pip tally for the month.

2847 pips.

Now as most of those pips were reductions of an initial trade, I added a weight to them to get them as a pip profit of the original trade.

X1 = initial entry size
X2 = reduction size
S1= initial entry price
S2= reduction price

so

WeightPips = (X1-X2)*(S1-S2)

so my weighted pip tally became 475 pips (including losses)

No comments: