Disliked{quote} Yes, that is how you calculate math. Pips are the unit of measurement of movement on the GRAPH. Money is accounting, not trading. Grow up.Ignored
and you always think i want negative things for you, but simple i show you some mistakes and correct it.
like with your pips : you cant calculate pips and sum it in statistics together. its only possible to use pips when you trade same currency with same lotsize with no commissions and no rollover all the time! in any other case of course you can sum up the pips, but this number will tell you exactly one thing: nothing!
its a crazy wrong number noone use, because of this reason. if you do partially closing then even problem is much higher. always calculate in money, never ever in pips. in pips for trades seperatly its just fine, but never for statistic of many trades together.
you can simple see, that winning together 100 pips win in a months can be extrem loss, when you make 400 pips win in EURNZD and loss 300 pips in eurgbp.
you can simple see, that winning together 100 pips win in a months can be extrem loss, when you make 400 pips win with 1 lot trades and loss 300 pips with 2 lot trades.
you can simple see, that opening 20 times 0,1 lot and get a win of 200 pip will be for same 2 lot order 10 pip win. so for same win you show 20 times more pips (200 against 10), whats crazy wrong misleading.
and so on.
of course you can always calculate in pips, but your result is worthless on the end. so when you want do worthless calculation its only lost time, but mention this number and even using for calculations will get problems.
not without a reason scammers often mention won pips and not money, because you can cheat a lot that you win more pips then it was worth. only won money will tell you the reality.
its same like with balance, noone use balance, only equity, because balance tells you nothing, only hides things, thatswhy used by many scammers.
if you dont see this as help, then dont accept it, but its basic math, and you cheat yourself if you dont use trading basics.
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