Disliked{quote} Trade Report Week 44 Oct 30 to Nov 03: Not many pairs traded this week as I will go on my year-end vacation next week. {image} Note, Nett pips is negative but Nett P&L $$$ is positive. That's the Power of using Position Sizing with TMS ME/ME. I know member okoso will ask me again on this....Ignored
As the MEME is explained, a basket of trades is assumed to result in a loss only after the stop loss is hit and only after all five positions of the basket are opened.
The report shows, in the case of EURNZD, that in 14 positions there was a profit:loss ratio of 3: 1. Assuming that in the best case a single basket of trades hit the stop loss, this would mean that 9 positions alone generated a profit 3 times more than the losses, and I do not think this is possible considering also that every take profit is much smaller than a whole loss.
All this leads me to think that not all positions in a basket of trades hit the stop loss, but some of them are closed at the level of the average entry price and one or two left open.