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Originally Posted by bobnat
I agree, only equity really matters in trading.
I ask because I know a guy who is selling signals and he ran into this situation last week and he asked me how I would count it. My initial response was basically the same as yours, but he needs to be able show something. From his perspective, his customers made money even though they got stopped out from the original entry and he wants to be able to say, "We made xx pips". And it makes sense in a way because he has no idea or control over how much equity his customers risk or win. The more I thought about it, the more curious I became, hence why I asked how others would view it.
Thanks for the response.
Btw, it's been some time since I've seen you around here. I hope all is well with you.
Nat
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Very well thank you Nat, I hope all is well with you also. I see most of the old members have gone which is a shame.
Signal sellers usually have their own way of making things look good on paper but wouldn't 3 lots short from the same price be one trade? I guess another way of calculating it would be to average the + pips, +20 +80 +0 / 3 = 33, that way he could also express results in terms of a meaningful risk:reward.
Who am I kidding, ROI and R:R is not top of the list for most signal buyers (smile)