Is Benenke still speaking? If so, for how much longer?
Im at work so I cant listen to radio.
Im at work so I cant listen to radio.
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DislikedIs Benenke still speaking? If so, for how much longer?
Im at work so I cant listen to radio.Ignored
DislikedIt's still only +9 +15 pips closed. Or if you go by % then the same % you risked you closed for / less on the second trade possibly.
How much you put on each pip is up to your account size...
henrycarol also doesn't account for that in his pip count afaik. His signals are 3 lots total if it's true what he posted with 2 for the first TP and 1 for the second TP.
So losses are pip size x 3 for stops hit without a TP hit first. TP 1 is only pips x 2 and TP 2 is pips x 1.
So if stops are 30 and TP 1 is 30 and TP 2 is 30 that means:
Risk is 30x3 = 90.
Reward is 2x30 + 30 = 90.
So even if BOTH TP targets are hit, which is TWICE AS FAR AWAY AS THE STOP he only makes the same amount he loses when the stop which is only 30 pips away is hit. If the above assumptions are how it's used.
It also means that the pip count needs to be adjusted accordingly to reflect the "bottom line" outcome if one normalizes lots vs pips in order to gauge actual performance.
There are some serious dangers in risk / reward going on and in money management..Ignored
DislikedIt's still only +9 +15 pips closed. Or if you go by % then the same % you risked you closed for / less on the second trade possibly.
How much you put on each pip is up to your account size...
henrycarol also doesn't account for that in his pip count afaik. His signals are 3 lots total if it's true what he posted with 2 for the first TP and 1 for the second TP.
So losses are pip size x 3 for stops hit without a TP hit first. TP 1 is only pips x 2 and TP 2 is pips x 1.
So if stops are 30 and TP 1 is 30 and TP 2 is 30 that means:
Risk is 30x3 = 90.
Reward is 2x30 + 30 = 90.
So even if BOTH TP targets are hit, which is TWICE AS FAR AWAY AS THE STOP he only makes the same amount he loses when the stop which is only 30 pips away is hit. If the above assumptions are how it's used.
It also means that the pip count needs to be adjusted accordingly to reflect the "bottom line" outcome if one normalizes lots vs pips in order to gauge actual performance.
There are some serious dangers in risk / reward going on and in money management..Ignored
DislikedWhy on earth you like me so much?
If I counted my signals which hit 2nd Target, my pip count would be much more.
However for now, I only count 1st Targets on 1 position. Losses on SL are based on 1 position.
Pls do your homework before firing people.
You don't seem that professional.
Maybe you think your post count is way higher than the others, you can have some larger authority or something.
What a loser.Ignored
DislikedPound getting ready to go down like a 2 cent whore, how do I know this?
I farted and it smelled funny.
Not really but a retracement is in the air, can you smell it?Ignored
DislikedI was pointing out that zamans was putting a very big risk in the market for a scalp effectively. Just seems a risky way of trading to me long term, esp. if r/r is barely 1.0.
As for henrycarol, I can't make math be any more clear and logic than what I tried to point out. I don't have "a thing" with anyone. But if one declares himself a signal provider there should be some sort of transparency and responsibility involved. People who aren't that experienced might and most likely WILL take anything they find.
I just don't like the idea of people losing money unecessarily.
I know my attempts to help are very much
http://www.bible.ca/ef/expository-matthew-7-6.htm
So I just say
http://scripturetext.com/matthew/11-15.htm
And
http://bible.cc/psalms/115-6.htm
And if anyone asks, I am without religion, I think it's a bunch of shmooze.
And yea, I got all my posts from kidding around in threads like these, not by posting charts, helping people and keeping a journal
...unless one were to actually look first =)Ignored
DislikedI was pointing out that zamans was putting a very big risk in the market for a scalp effectively. Just seems a risky way of trading to me long term, esp. if r/r is barely 1.0.Ignored