Quoting stockwetDislikedThanks. My question was specifically regarding Rusty's post #87. I didn't quite gather that the way you are describing was the way Rusty accounts for pips and I was interested in his method. I account for pips the way you do, which is an averaging system. Rusty's seems more like a maximum move accounting.Ignored
Each month he updates the basic unit size according to his account balance.
He then decides how many units to allocate on each trade according to the strenght of his setup.
I think Rusty will clarify this as soon as he reads this post.
I dont know whether Rusty scales out of positions, if he does the only way to calculate net pip gain is by averaging.
I cant think of any other way to calculate net pip gain other than averaging if you are scaling out.