Average P/L in $ = Sum of each trade profit & loss $ / Total number of trades
Average P/L in % = sum of each trade % profit & loss / total number of trades
Average profit = Sum of profitable trades $ / Number of win trades
Average Loss = sum of losing trades $ / number of losing trades...
Just wondering if anyone here analyses their trades and anlayses their journal.
Can anyone help me with these calculations.
I want to know the calculations if I was calculating these by hand.
Where can I obtain these calculations from?
I am interested in doing the following calculations...
Products such as the following, spot XAUUSD, spot XAGUSD, WTI or as some brokers call it CL-Oil, these are based on the underlying futures contract the metals basically trade like fx pairs, the oil has a rollover like the futures product.
Is there a way we can calculate the pip value of gold, WTI and the other commodities?
As you know we can do the following calculation on fx pairs to find out the value of a pip (when USD quoted first) eg:
(0.0001 / exchange rate) x lot size = pip value
Can we do something similar to work it...
Thanks for your help peter2, really appreciate it!
So if I wanted to work out the position size for a silver xagusd contract I would do the same as the gold and wti calculation as follows:
Say I wanted to risk $AUD100 ~ $USD93.11
Stop Loss 19.750
$93.11 / 0.244 / 5000 = 0.07...
Providing that there is an uptrend (which one has established), could one wait for a retrace of price of a company back to the 30ema, wait for a bulish close and then enter long position in the company?
Can anyone recommend any books or other resources on learning how to stag an IPO and how to select a company to stag?
Or, if anyone can provide any advice on staging that would be good too.