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It doesn't look like the facebook link is associated with successea.org
It's an Employment Agency.
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Very nice!
And thank you too, Ethan!
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All that said, Excellent Performance! You are a swing trade master! I would love to learn from you.
Edit: Or I suppose you could just put it on a PAMM and I'll throw some money on it.
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While I wouldn't use "Debt" to describe the total value of the open positions, your leverage calculation is correct.
And yes, I do see now that it is a mini account, where 1 lot is 10,000 units of base currency. I was calculating based on 100,000 units. (I should have inferred by the P&L/pips)
On this related note, I'm not entirely sure of the nomenclature of mini accounts. It's evident from here that lotsize is multiplied by 10, i.e. 10,000 units = 1 "lot". Is there anything else in the statement that differs from a standard account?
Regarding myfxbook's calculation......
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[quote]
lkwong posted:
For open consideration, critiques and comments :
http://www.myfxbook.com/members/lkwong/wlk-balanced-portfolio/303842
[/quote]
Hello lkwong,
First off, very nice curve.
I also note that for the total lotsize utilized for the multiple position trades, and the drawdown of 45.97% on May 17th, you must be using a leverage more than the indicated 1:100. I am guessing 1:400?
For the opening of the 23rd April trades, the total lotsize opened was 52 lots, if leverage was 1:100, margin utilised is approx. $51,000. Balance before opening these trades was $42,955.00.
Th......
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It's already been addressed in this thread.
http://www.myfxbook.com/community/programming/closeallatequitylevel/318979,2#?pt=2&p=1&o=318979
And the EA already written. Downloadable at
http://raidenworks.com/2012/05/31/drawdown-percent-close-ea/
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@ Professor53:
Could you point out the links to them? Would be interesting to check them out.
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Been a quiet week.
Would have preferred earlier notification of mandatory update to MT4 builds 416 and above, but I understand it is a Metaquotes issue and not from the brokers. Testing has not been as comprehensive as I would have liked.
MT4 updated to build 427 for June 1st operation onwards.
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Whoops, 419 for IBFX.
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Whoops, 419 for IBFX.
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