Maximum DD/trade in pips. Votes Results
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Maximum DD/trade in pips. Discussion
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forexma

Member Since Feb 16, 2010  1332 posts SOLAR (forexma) Dec 02 2010 at 06:36
I would like to see a number which shows maximum floating loss reached in pips/per trade. There are so many systems with hidden elements and there are so many naive investors who need to be protected.

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
forexma

Member Since Feb 16, 2010  1332 posts SOLAR (forexma) Dec 23 2010 at 18:41
Come on guys, this is great idea.

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
blackink

Member Since Sep 23, 2009  1 posts blackink Dec 27 2010 at 23:10
I am in the same arena - I would like to see it with more than just pips though - the amount of $ that a system has in maximum unrealized draw down would also be a good addition -
With the fact that you can already see the % of equity on any given account that's running is nice but it would be nice to see that captured so that you can see the date and time that the maximum draw down happened so that you can look into the circumstances behind it and perhaps make corrections to your system.

Thanks for looking into doing this for us.

fxtradertom

Member Since Jan 11, 2010  2 posts fxtradertom Dec 28 2010 at 00:05
Knowing how much floating loss per pair would help us evaluate a system. We need to understand all the risks involved. Just closed out draw-down will not tell the whole story. Myfxbook does a great job with understanding the matrix of a trade ;)
Thanks Guys. Keep up the good work!

speki

Member Since Nov 18, 2009  735 posts speki Jan 03 2011 at 06:58
Yes, good idea. Extreme vs. average is an interesting number, whether it's holding time or open drawdown.

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