And thanks for all of them. On balance there are more here that disagree with me than agree. I see pips as a common demononator to arrive at profit. Of course it's the profit that matters - but I still say you arrive at that from the pips you make. Somebody wrote you could have negative pips but still have a profit. No you can't - not if the pips are calculated by the method, IMO, makes most sense.
Oh well, there we have it. More people are against me on this than with me. Nothing new there then. Everyone, have a great week. Go for your pips, profit, expectancy, competancy, equity, risk, win ratio, weighted average formula, etc. The way I trade pips convert to profit and provide a simple (I thought) yardstick to measure success by. Not any more.
Oh well, there we have it. More people are against me on this than with me. Nothing new there then. Everyone, have a great week. Go for your pips, profit, expectancy, competancy, equity, risk, win ratio, weighted average formula, etc. The way I trade pips convert to profit and provide a simple (I thought) yardstick to measure success by. Not any more.
Do not focus on making money; focus on protecting what you have.