Take Profit Formula

If you don't know where to start, start here! Don't be afraid to ask questions.

Moderator: moderators

4x=0
rank: 150+ posts
rank: 150+ posts
Posts: 410
Joined: Tue Oct 17, 2006 10:53 pm
Reputation: 0
Gender: Male

Take Profit Formula

Postby 4x=0 » Sat Apr 14, 2007 3:49 pm

Have you ever been up 30 pips and said to yourself "how much of my position would I need to take profit on, so that I would be BreakEven if I was now stopped out"? Meaning you don't move your stop, but if you get stopped out, it's still not a loss because you TP a portion of your position early.

Well.. I'd be happy to finish the spreadsheet that would tell you this, but there is just one little thing...

I need this equation put in terms of X and I'm having trouble...

...a little help? ..


Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

thugzzzx
rank: <50 posts
rank: <50 posts
Posts: 9
Joined: Tue Jan 23, 2007 2:45 pm
Reputation: 0
Gender: None specified

Postby thugzzzx » Sat Apr 14, 2007 4:48 pm

x = (st+sp)/(t+2p) ...My best shot!!! :smt071

4x=0
rank: 150+ posts
rank: 150+ posts
Posts: 410
Joined: Tue Oct 17, 2006 10:53 pm
Reputation: 0
Gender: Male

Postby 4x=0 » Sat Apr 14, 2007 4:57 pm

THAT'S IT !!!

Thanks !

...stay tuned

4x=0
rank: 150+ posts
rank: 150+ posts
Posts: 410
Joined: Tue Oct 17, 2006 10:53 pm
Reputation: 0
Gender: Male

Postby 4x=0 » Sat Apr 14, 2007 8:55 pm

Take Profit Calculator
Attachments
TPC.xls
(16 KiB) Downloaded 79 times

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “beginners forum”