Missleading drawdown
Oct 27, 2009 at 09:38
942 Views
1 Replies
Oct 27, 2009 at 09:38
Where can I find a drawdown for the whole account which takes into account the open positions ?
For example:
Starting equity: $1000
Long EURUSD (1 pip=$10, commissions included in the bid/ask spread) position for 1 lot @1.50000
Price goes to 1.4950
Price returns back to 1.4990
Position closed @1.4990
Trade loss: -$100
Ending equity: $900
Account drawdown: -5%
Now it seems the results are calculated from the closed positions only (end results)...
For example:
Starting equity: $1000
Long EURUSD (1 pip=$10, commissions included in the bid/ask spread) position for 1 lot @1.50000
Price goes to 1.4950
Price returns back to 1.4990
Position closed @1.4990
Trade loss: -$100
Ending equity: $900
Account drawdown: -5%
Now it seems the results are calculated from the closed positions only (end results)...
Member Since Jul 31, 2009
1444 posts
Oct 27, 2009 at 09:42
Yes you're correct, the drawdown is currently calculated using the balance figure.
We're working on this issue and it will be calculated based on the equity/NAV value.
We're working on this issue and it will be calculated based on the equity/NAV value.
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