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Old 07-27-2007, 08:39 PM
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Re: How do you calculate points per trade?

This is often used by signal providers to make their figures look better than they are. E.g. if they open with 3 contracts and take profit on one for +5 the second for +20 and the third for break even they will say the trade was +25. If on the other hand all 3 were stopped out for -20 they will say they made a loss of -20. In reality on YM the profit on the first trade would have been $125 while the loss on the second trade would have been been $300. I think trying to measure your success in terms of points is a nonsense. It's money that matters but no one wants to go into detail about their personal finances on a public forum.

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