Drawdown Votes Results
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Drawdown Discussion
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fxdrive

Member Since Mar 14, 2010  7 posts fxdrive Mar 19 2010 at 17:55
The drawdown appears incorrect when looking at current drawdown and what is actually reported.

A great site - keep up the excellent work.

hilmy83

Member Since Sep 09, 2009  5 posts Nocturnal FX (hilmy83) Mar 20 2010 at 04:14
agree. Look at my account. Take the profit/initial balance and i don't get the % return advertised....This is important to fix since you guys are about to sponsor contests where numbers need to be correct.

My edge is people
Elkart

Member Since Aug 01, 2009  941 posts Elkart (Elkart) Mar 20 2010 at 09:16
It's the balance vs equity thing....the site uses balance as a base for everything.

Chang beer is evil.
Staff

Member Since Jul 31, 2009  1126 posts Ethan (Staff) Mar 20 2010 at 12:02
Guys, we've covered this issue before, and as Elkart stated, since we can't measure equity yet, the drawdown is based on the balance - we're working on it though.

Syed, the contest is for the highest return, so the drawdown will not have any effect on the winners (open positions are liquidated at the end of the contest).

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fxdrive

Member Since Mar 14, 2010  7 posts fxdrive Mar 22 2010 at 16:48
Sorry, I had not seen other posts regarding this.

You are already reporting on Equity on the Stats tab and percentage of equity. Couldn't you just put this on the main portfolio page as 100-percentage of Equity?

Staff

Member Since Jul 31, 2009  1126 posts Ethan (Staff) Mar 22 2010 at 18:01

fxdrive posted:
    Sorry, I had not seen other posts regarding this.

You are already reporting on Equity on the Stats tab and percentage of equity. Couldn't you just put this on the main portfolio page as 100-percentage of Equity?


If you're referring to creating a line chart of the equity, then no, it's not possible since the equity information is currently available only when the statement is updated (MetaTrader). Since the chart must cover all history, this solution is just not good enough.

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fxdrive

Member Since Mar 14, 2010  7 posts fxdrive Mar 22 2010 at 19:28

Staff posted:
    
fxdrive posted:
    Sorry, I had not seen other posts regarding this.

You are already reporting on Equity on the Stats tab and percentage of equity. Couldn't you just put this on the main portfolio page as 100-percentage of Equity?


If you're referring to creating a line chart of the equity, then no, it's not possible since the equity information is currently available only when the statement is updated (MetaTrader). Since the chart must cover all history, this solution is just not good enough.


A line chart would be ideal, however, I can see that this is not possible.

I have multiple systems listed in Home and Portfolio tab. Would you be able to add an extra column to the Home or Portfolio tab for each system such that the current drawdown is listed?

With this I can then see at a glance which are heavy in drawdown.

Many thanks and sorry to keep going on about this.

ruparaw

Member Since Feb 19, 2010  48 posts Abdul Rupar bin Abdul Wahab (ruparaw) Mar 30 2010 at 01:57 (edited Mar 30 2010 at 01:58 )
hi,

Is the draw-down and float is the same thing?....my understanding:

1) Draw-down means how heavy the system was closed in loss(-ve) and
2) Floating means the equity vs balance in -ve but the orders was yet no closed.

May i know the draw-down reported in my system was the highest -ve figure already closed position or the highest -ve figure use to float.

cool

Not greedy is the most important factor on your FOREX sucsessfullness.
Staff

Member Since Jul 31, 2009  1126 posts Ethan (Staff) Mar 30 2010 at 09:11

ruparaw posted:
    hi,

Is the draw-down and float is the same thing?....my understanding:

1) Draw-down means how heavy the system was closed in loss(-ve) and
2) Floating means the equity vs balance in -ve but the orders was yet no closed.

May i know the draw-down reported in my system was the highest -ve figure already closed position or the highest -ve figure use to float.

cool


Yes, you're correct. Drawdown is a peak-to-trough decline during your performance. Currently it is calculated using the balance, meaning closed trades only.

Got a question? Need help? Send me a message!
ruparaw

Member Since Feb 19, 2010  48 posts Abdul Rupar bin Abdul Wahab (ruparaw) Mar 30 2010 at 14:31 (edited Mar 30 2010 at 14:31 )
...so if that was the case is there any way i can see their floating figure of any system publish here, especially if their system involved with martingale strategy, their short term performance curve might look nice but how to see their floating figure experience?tongue

Not greedy is the most important factor on your FOREX sucsessfullness.
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