Im cout up in a calculation that i can not solve please help
a signal service has trades with 2 targets the first taget u take of half of your position and move stop to break even on the second half of the position and then aim for the second target. you also have a stoploss here is an example.
buy 1000 tp1 1100 tp2 1200 sl 900
after a week trading i get several trades that just go to the first target some to target 2 and some get out stopped.
how do i calculate how mutch real pip i get ? remember the stoploss takes out the whole position while only half of the position is going for target 2.
I hope you understand my questions and can show me how to calculate it ?
best regards
a signal service has trades with 2 targets the first taget u take of half of your position and move stop to break even on the second half of the position and then aim for the second target. you also have a stoploss here is an example.
buy 1000 tp1 1100 tp2 1200 sl 900
after a week trading i get several trades that just go to the first target some to target 2 and some get out stopped.
how do i calculate how mutch real pip i get ? remember the stoploss takes out the whole position while only half of the position is going for target 2.
I hope you understand my questions and can show me how to calculate it ?
best regards