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Wasted Pips report vote results

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Wasted Pips report Discussion

mpreston
Jan 25 2012 at 10:12
5 posts
Scenario:-

You make a trade plan, it has a target, you enter, you manage, you close it before its target for some reason.

If you had left the trade alone you it would have hit your target, so now you have wasted pips.

Have a colum that you can log the wasted pips to help you identify which of your in trade management actions are costing you the most profit.



Report
75 trades total
10 trades Tagged 'moved stop too soon' giving a total 300 pips wasted.

Also possibly include a theoretical equity line to show your true potential had you followed your plan.

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