profit calculation?
Oct 21, 2009 at 13:42
2,180 Views
11 Replies
Oct 21, 2009 at 13:42
(edited Oct 21, 2009 at 13:44)
Hi,
If I understood wrong, please correct me. Monthly profit isn't calculated in such way now as I would like:
e.g.
start-> september 50$
september end with 100$ (profit 100%)
start->october 100$
october end with 200$ (profit 100%)
but now it's not as i think, right?
If I understood wrong, please correct me. Monthly profit isn't calculated in such way now as I would like:
e.g.
start-> september 50$
september end with 100$ (profit 100%)
start->october 100$
october end with 200$ (profit 100%)
but now it's not as i think, right?
Member Since Jul 31, 2009
1449 posts
Oct 21, 2009 at 13:46
Yes you're correct, it's not calculated currently as you've shown above.
It will however be revised to the method you've shown.
Thank you.
It will however be revised to the method you've shown.
Thank you.
May 12, 2017 at 13:52
You are absolutely right, you need to count your monthly percentage according to your trading equity not on based your initial trading capital! By the way, nice to see your winning ratio, very impressive! I have almost 7 years trading experience and now I am trading with 15% monthly trading target!
Member Since May 15, 2017
12 posts
May 15, 2017 at 14:49
15% is a good amount a month. Wish I was making that!!
Member Since Jul 23, 2020
759 posts
Aug 22, 2020 at 16:20
I use 1:2 risk reward ratio. if my SL is 30 pips then my TP will be 60 pips. Some time I also use 1:3 risk reward ratio, it depend on market condition.
Member Since Jun 30, 2020
37 posts
Oct 15, 2020 at 05:03
The winning ratio looks good, just keep a tract of your monthly trading equity and profits. Keeping a check is difficult but is advisable.
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