Originally Posted by jlpi

Jgerousis,

I have a suggestion that I think would clarify the results that you present.
Instead of showing the results in pips you should present the results in percentage of the original accounts because results in pips are completely misleading for several reasons:
- pips don't have the same values depending on the pair (it can differ a lot)
- pips don't take into account the leverage that is a critical factor of success
- you can be positive in pips but negative in your balance: a simple example:
you have a $10 000 account, open 10 lots ($100 the pip), loose 50 pips = $5000
Then you have $5000 left, because of that you will open only 5 lots ($50 a pip), you win 70 pips : your account is $8500
Total result + 20 pips but -15%

For instance I would be interested to know for the Fozzy method what is the equivalent percentage in the account for the pips announced.

Thanks