Hi Fugazsy
Say I take a scalp at 5 lots which is say approx 0 5% of my capital based on a 5 pip stop
Then after say 11 pips - I exit 70% and leave approx 30% of my initial stake of 5 pips still on with stop in profit
In this case instead of being exactly $15 per pip left on - it might be 2 lots - ie $20 a pip
Now my stop is in profit - so no additional risk exposed - but my stake size is really only 0 2 % approx of my capital - so to make 1% - I would need 5 times the basis of original stop size of 5 pips - so 5 x 5 = 25 pips - which would still then only be worth 1% gain on my account
Most of my larger pip amounts come off approx 30% stake sizes - not off 100% stake sizes like anything from 3 to 8 lots per pip - all depending on my perception of whether the probability is like AAA+++ or just AA + etc etc
So a day of 200 pips - 160 pips might all be on 30% stakes sizes so still only like 6% gain on that part
If I was only using $10 as 30% stake size - then 150 pips on my 30% stake would then only be worth like 3% capital account gain.
My gains are then based on my existing account levels and how well I feel I am reading the market etc - and so are not set rigidly in stone - ie fluid just like my trading style
Regards
F
Bookmarked as with the previous reply. Thank you.
Now.....if most of your profit comes from the 30% stake, what would have happened if you did not take 70% off at +11 or whatever pips?
Fzsy
