Hello,
I was wondering what's the right way to calculate pips per week? I've exported the detailed report per week from MetaTrader, opened in Excel and then added another column profit/lot size.
It turns out I have made 796 pips! This seems rather unrealistic, because say I might open a trade at 118.30 and then shortly another at 118.24 with TP of 117.70 and 117.64. Should in this case this be counted as 126 pips gain, or with some average method? What's the right way to go about counting pips?
Thanks!
I was wondering what's the right way to calculate pips per week? I've exported the detailed report per week from MetaTrader, opened in Excel and then added another column profit/lot size.
It turns out I have made 796 pips! This seems rather unrealistic, because say I might open a trade at 118.30 and then shortly another at 118.24 with TP of 117.70 and 117.64. Should in this case this be counted as 126 pips gain, or with some average method? What's the right way to go about counting pips?
Thanks!