Thread: Counting pips
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Old 08-10-2006, 08:00   #2
peteuk
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Re: Counting pips

Quote:
Originally Posted by bobnat
I'm curious as to how others would view this particular situation.

You short 3 lots. You take one lot off at 20 pips profit, another at 80 pips profit, and then are stopped out at BE on the final lot.

How would you count it?

Nat


Hello bobnat

To be absolutely correct I guess in % of equity terms as it's the only meaningful number imho.

As an actual market move it would have to be the difference between entry and exit price.

To impress others each lot could be counted individually and it looks good on a results spreadsheet but I think most people are wise to this by now.

Why do you ask?
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