Take Profit Formula
Posted: 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? ..
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? ..
