It is funny how pips gained or lost seem to be the measure for trading performance, and yet, it can be so misleading at times. This week is a great example of this. With 12 trades this week, we are only up 17 pips on our rules based strategy, and yet, this equates to a 12.3% profit.
Sounds odd doesn’t it.
It’s all about the gain relative to the stop loss distance.
In this video Adrian does a full recap of all the trades this week, and what was possible for our members – including a potential 4.7% profit on NZDCHF right through to a 0.6% gain on the SPX500.
Learn the strategy and how these trades were managed in this short video.To see the strategy on live markets – with live trades click here and book a free place on our next live trading webinar: https://bit.ly/39QjPYx
*In reference to the NZDCHF trade, it looks like there is an error on Trademate (On Charting Center) as this should be exactly a 50 pip target at 0.6070, which hit. We will get on this immediately.
