Traders Laboratory - View Single Post - OzFx System :) 100-800 Pips Per Trade
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Old 02-29-2008, 11:38 AM
cowpip cowpip is offline
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Re: Trade Update +300

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The way I post pips is that I add/subtract the maximum pips you could have won/lost on a pair. If a trade makes +300 pips I don't add 50+100+150+200+300 = 800 pips. I only record 300. Same goes for losses.

If I do the way you think I am do it then it would result in more than 10000 pips
I still need a little clarification, if you don't mind.

Let's take this as an example: You trade 3 lots and close one lot at each of the following profit targets:

First lot: +100
2nd lot: +150
3rd lot: +500

How would you calculate your total profit? Would it be +500?

Thanks.

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