The way to pips are calculated on the monthly performance is 1 pip is equal to our lowest position size and consists of all trades that either reached the stop loss or target price during the month closing the trade out.
When adding up the total pips since order 2 is three times the size of order 1 and order 3 is 1.5 times the size of order 1.
- Order 1 is 1 pip = 1 pip
- Order 2 is 1 pip = 3 pips
- Order 3 is 1 pip = 1.5 pips
