Take Profit Formula

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4x=0
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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? ..

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

x = (st+sp)/(t+2p) ...My best shot!!! :smt071
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4x=0
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Postby 4x=0 » Sat Apr 14, 2007 4:57 pm

THAT'S IT !!!

Thanks !

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

Take Profit Calculator
Attachments
TPC.xls
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