|
You don't need to win as many as you lose |
|
Tuesday, December 13, 2005 |
|
I'm learning more by enhancing My Forex Goal page. I've added a couple more columns: | Week # | Pip P/L | Gross P/L | Total # of Trades | Total Winning Trades | Total Losing Trades | Avg. Winning pips | Avg. Losing pips | | 1 | 73 | $650.8 | 11 | 6 | 5 | 29.0000 | -20.2000 | | 2 | 135 | $1170.5 | 9 | 3 | 6 | 75.6667 | -15.3333 | | Total | 208 | $1821.3 |
|
|
|
|
|
From evidence of both weeks performance, you don't have to win as many trades as you lose. This is obviously contigent on your ability to place stops to limit your losses. This week (week #2), my average pip loss is only -15.33 which shows how tight I've been placing my stops.
Forex Trading
december 2005
|
|
Last Updated ( Tuesday, December 13, 2005 )
|
