First off I would like to Thank all the active posters and the unKnown moderator(s) who took pity on me and promoted me to Member... I will try and make you proud.
So what originally brought me to the ForexFactory was a result that I could not decipher. I have been trying to incorporate asymmetrical compounding to my trades.I started a demo account with 100k in it. I was on the second trade in this set. The first one was a basic 1% of my account, at a 1:3 Risk to Reward, that happened to go my way.
On the second trade, with a balance of $102600, I multiplied the previous percentage to this trades base 3% and my Risk came out to 10.44%. That trade also happened to go my way, but I do not understand the resulting numbers.
The first attachment shows the results and the number is 124022.88
- Is that my new balance?
- Did I just Demo 21,422.88 on this trade?
- In the stop loss field what does the 91888.56 represent?
Any help with this will be much appreciated.
The second attachment is the setting for that transaction.
So what originally brought me to the ForexFactory was a result that I could not decipher. I have been trying to incorporate asymmetrical compounding to my trades.I started a demo account with 100k in it. I was on the second trade in this set. The first one was a basic 1% of my account, at a 1:3 Risk to Reward, that happened to go my way.
On the second trade, with a balance of $102600, I multiplied the previous percentage to this trades base 3% and my Risk came out to 10.44%. That trade also happened to go my way, but I do not understand the resulting numbers.
The first attachment shows the results and the number is 124022.88
- Is that my new balance?
- Did I just Demo 21,422.88 on this trade?
- In the stop loss field what does the 91888.56 represent?
Any help with this will be much appreciated.
The second attachment is the setting for that transaction.