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Averaged pips [profit] calculation in partial closure
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Kotak Saran
Jul 09, 2010 at 08:54
Well Steve, if it does happen, i guess that is part of a strategy and there can be only 2 cases:A. either there are two opened positions on different currencies, which is obvious, each position with it's own pip P/L,B. and the second case where happen on the same currency, here, there can be another two cases:B1. first if the broker limits the max. lot and there is the need to open a second trade to compensate (been there, so I know),B2. the second case is that needs 2 or more positions for different SL or TP levels, in this case the whole package belongs in the same strategy, same signal,...
Averaged pips [profit] calculation in partial closure
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Kotak Saran
Jul 09, 2010 at 06:02
yes, this is a must, the initial trade, regardless of splits, is part of the strategy, so, shouldn't be counted more than once, for myself, I always have to rely on my own pip count calculation since the reported one is flawed.
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