Am i the only 1 being stupid here or everybody is too genius on this simple calculation?
Example:
1st entry = 1 lot = SL 100 pips
2nd entry = 1 lot = SL 75 pips
3rd entry = 2 lot (double lot 1st entry) = SL 50 pips x 2 = SL 100 pips
4th entry = 3 lot (triple lot 1st entry) = SL 25 pips x 3 = SL 75 pips
total SL = 100 + 75 + 100 + 75 = 350..
how was mrluckystar counted it as -250 ? and how forexzjk calculate it as -400?
if TP:SL = 1:1, then it is supposed to be 350 pips as well if it hit..
but if every entry has TP 100 pips from opened price, all should be 700 pips..
i dont find how if it hit all entry and the max pips will be 400 as mrluckystar mentioned or even 450 pips as forexzjk mentioned above..
If the SL of 2nd, 3rd and 4th entry is meant to be accumulated already from the lot, 3rd entry is still make sense placing 50 pips out of 2 lots entry means u have to set SL 25pips from opened order which makes it total 50 pips loss..
but how do u put SL on 4th entry with 25 pips only out of 3 lots? 8.333 ~ pips? lol
Example:
1st entry = 1 lot = SL 100 pips
2nd entry = 1 lot = SL 75 pips
3rd entry = 2 lot (double lot 1st entry) = SL 50 pips x 2 = SL 100 pips
4th entry = 3 lot (triple lot 1st entry) = SL 25 pips x 3 = SL 75 pips
total SL = 100 + 75 + 100 + 75 = 350..
how was mrluckystar counted it as -250 ? and how forexzjk calculate it as -400?
if TP:SL = 1:1, then it is supposed to be 350 pips as well if it hit..
but if every entry has TP 100 pips from opened price, all should be 700 pips..
i dont find how if it hit all entry and the max pips will be 400 as mrluckystar mentioned or even 450 pips as forexzjk mentioned above..
If the SL of 2nd, 3rd and 4th entry is meant to be accumulated already from the lot, 3rd entry is still make sense placing 50 pips out of 2 lots entry means u have to set SL 25pips from opened order which makes it total 50 pips loss..
but how do u put SL on 4th entry with 25 pips only out of 3 lots? 8.333 ~ pips? lol