PipStat Tool Plus Trend Entry Indicator FREE Download

Download this PipStat Tool Plus The Trend Entry Indicator FREE. These 100% FREE tools can help you become a better trader whether you trade full time or part time. PipStat tool has been designed for both manual as well automated trading. This PipStat Tool will help you calculate what is your optimal lotsize, what should be your optimal stop loss and take profit targets. This tool will even tell you if your strategy is working for you. In short this tool will give you the statistical advantage to become a better trader.

PipStatLet’s make it clear with an example why it is important to trade with an optimal stop loss. Suppose John and Dave are two traders. Both spot a trade setup that can give them a potential profit of 20 pips. But John uses a stop loss of 20 pips giving him a risk to reward ratio of 1:1 while Dave is astute and has a better stop loss of 10 pips giving him a risk to reward of 1:2. John enters into the trade with 1 standard lot while Dave since his risk is 1/2 of John can easily enter into the trade with 2 standard lots. Both win!

John makes $200 while Dave makes $400. So you can easily see with this simple example how important it is for you as a trader to trade with the optimal lot size and how important it is for you to have the optimal take profit. Download these tool FREE and test them on your demo account and see for yourself if these tool help you become a better trader.

1 comment

  1. Your link to the PipStat Tool Plus The Trend Entry Indicator takes me to the Momentics download site. I already have that! How do I get to the pipStat download?

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