Calculating of R-multiple
Dear BP
I would like to know how do you calculate R-multiple of your system.
In my opinion the total R-multiple of your system is about 0,44
It means you earn 44 cents on each risked dollar
I calculated it by: (49*40-55*19)/(108*19).
Please let me know if am I right.
If not then what means the number: 51,02?
Thank you for your reply.
|