View Single Post
  #4 (permalink)  
Old 05-29-2006, 08:49 AM
Devil2000 Devil2000 is offline
Senior Member
 
Join Date: Dec 2005
Location: In front of my trading desk
Posts: 348
Devil2000 is on a distinguished road
Quote:
Originally Posted by reemul99
So, Is 60% the percentage of maximum potential pips that you actually grab in profit?

i.e. - The maximum possible pips were 100, and I exited when I made 60 ?
60% is not maximum potential pips, maximum potential pips is always 100%, but 60% is considered "fine", at least that's what I understand, you can find full article here : http://www.technical-analysis.com/le...DTS3/DTS3.html

Trust me, to get more than 60% is not that easy. Well.. you can try it. And it's not rely on a single trade only, it's calculated base on your overall performance

Last edited by Devil2000; 05-29-2006 at 09:21 AM.
Reply With Quote