DislikedI don't get how you guys calculate your pips
a pip is a pip no matter how much you risk on a trade...
The NET pip amount is the important number that actually shows your real activity towards markets.
Otherwise you can cut your positions down to 0.01% leverage, hit 100 short orders, take 100 net pips profit and say woilaaa i made 10 000 pips ...
So, cut that 10 000 level down AaronWard...If it were net pips you'd be the best trader in the world.Ignored
If I want to take a larger position, I take multiple positions instead. This is how I track and report my pip gains.
For example. If I have one position go in my favor 100 pips, then that's 100 pips. If I scaled in with another position 50 pips into the trade and I close it at the same time as the first one then that's an additional 50 pips. Therefore my gain is 150 pips
That's how I calculate it.
Those who say it cannot be done should not interrupt those who are doing it