profit calculation?

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?

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.

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!

15% is a good amount a month. Wish I was making that!!

MadBadDangerous posted:
15% is a good amount a month. Wish I was making that!!

It’s not 15%, it’s 50% actually! Really impressive!

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.

Calculating your profit is quite problematic, especially at the initial stages when there is a high probability of draining the deposit

The daily calculation really yields results and shows the full picture.

Yes, it is not calculated like that. It has been modified a little.

The winning ratio looks good, just keep a tract of your monthly trading equity and profits. Keeping a check is difficult but is advisable.

100% profit? What do you mean?