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)
Monday, September 28, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment