10 pips to me might be $10,000 or it might be 10 cents
It may have been a 10% increase in my account or it may have been .01%
Then theres the risk - If I risked 10 pips every trade then this means nothing becasue I could make 1 pip equal $1000 or 1 pip equal $1
I could be risking 10% I could be risking 1%
Therefore when Im in profit do I really care how many pips I make? No its more about % increase as I adjust the value of a pip to mean that I never risk more than 2% on a trade... Therefore a 4% profit would be a reward factor of twice what I risked...
Sorry I dont think I explained myself very well i really thught it would be easier than that lol
Time hides Nothing
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