New Addition – The Toolbar

Using Myfxbook on a constant basis to analyze your or others’ performance, checking the latest streaming forex news or browsing the live economic forex calendar may become time consuming which can sometimes distract you from trading. To make sure you’re always in tune with the markets, we’ve added the toolbar – a real time toolbar which shows you current data for the economic calendar, recent news stories and forex rates at the bottom of the screen, no matter which section you’re currently viewing (can be minimized):

Clicking on any of the 3 categories will open a more detailed view of the category in question which will also allow you to quickly go to the item in question.

This feature is in beta mode and is gradually turned on for all users to make sure everything is in order.

Your suggestions and feedback on this feature would help us in shaping the toolbar further – if you have an idea on how we can make it even better (we’re sure you do! 🙂 ), do let us know!

Regards,

The Myfxbook team.

New Features!

We’ve just released new features and improvements:

Each user has now a feed in the user page . Moreover, other users can post in your feed and comment on it also (you have full control of the content):

New sections in the mobile site; Real-time news and rates:

Translation search (both in the original text and in the translations) for easier and quicker translation process:

Calendar’s actual figure is now colored in green for a “better than expected” result and in red for a “worse than expected” result, for a quicker interpretation of the results:

We’ve also opened a Facebook page and added a like , a Google +1 and twitter buttons so do show us how much you like us by clicking it below this post (we know you do!) 🙂

Have a great and successful trading week!

The Myfxbook team.

5th Contest Winners Announced!

We’re excited to announce the top 3 traders of our latest contest sponsored by GO Markets. The top 2 traders ended the contest with a gain difference of only 25%, so this was a very close call!

1st place Contest – vushtrri ending with a 2981.76% gain.

2nd place Contest – fian182 ending with a 2956.11% gain.

3rd place Contest – Manyafx ending with a 877.86% gain.

The happy winners get prizes in total of $4,000! (Winners, you will be contacted by GO Markets to claim your prizes).

We would like to thank all of the competitors for making this contest super exciting! 🙂

Those of you who have missed the chance of participating in this contest should get ready for our next upcoming contest which is due real soon!

Regards,

The Myfxbook team.

New Contest Widgets!

We’ve just added new contest widgets – traders competing in the contest can use a live widget (7 different colors) to post their performance on blogs/websites/forums:

The widget is self updating, so you need to post it only once! To see the widgets, simply click the ‘Widgets’ button in the contest page where your rank is showing (it is seen only for competitors).

As to the contest itself – we’re 15 days in, and there are no clear winners as of yet:

Some interesting statistics on the contest:

Out of the 77% of accounts traded, the profitability breakdown is:

Wish you a successful trading week ahead!

The Myfxbook team.

5th Trading Contest Is Underway!

Our 5th trading contest has started less than 12 hours ago – we would like to point out that over 1,830 traders from 116 countries worldwide have enrolled to the contest! This the largest numbers of participants in our contests as of yet, which will make it even harder to win the contest.

To see your ranking and progress (and of others)  in real time, please go here: https://www.myfxbook.com/contests/trading-championship-september-2011/5

We wish you good luck! 🙂

The Myfxbook team.

New Features!

We’ve just added some new cool features!

Portfolio custom columns – you can now choose from 38 different metrics to be shown in your portfolio page for quick assessment of the system:

Portfolio totals – you will now see the totals of the portfolio for a quick view of the complete performance:

Watch list comments – keeping track of all of the accounts in your watch list can be a daunting task. To help you, we’ve included a comment column which you can use to comment or attach any related files to the system’s watch which will be visible only to you. The comments will be visible (and editable) from both the dashboard screen and from the system page:


Automatic tagging – if you use a tag in the comment field of a trade or an order, it will be picked up by our systems and the trade will be automatically tagged, saving you time (the tag must exist in your tags, otherwise it will be ignored).

As to our latest contest – there are already over 1,330 traders registered! There are only 6 days left for registration so if you wish to participate but haven’t registered yet, please do so now.

Prizes are in total of $4,000! The contest is sponsored by GO Markets; it is a multi award-winning provider of online (Forex) trading services, offering margin FX and metals trading to individuals and institutional clients world-wide.

More features coming next week – stay tuned!

Wish you a profitable trading week,

The Myfxbook team.

5th Trading Contest Registration Opened!

We’re glad to announce that the registration for our 5th trading contest has just opened! 🙂

The prizes are in total of $4,000:

1st place – a $2,500 GO Markets funded account.

2nd place – a $1,000 GO Markets funded account.

3rd place – a $500 GO Markets funded account.

The accounts start with a $50,000 balance and a leverage of 100:1, so you should have plenty of margin to trade your way to the top! 🙂

To register, please go here: https://www.myfxbook.com/contests/trading-championship-september-2011/5/rules

Wish you a great trading week,

The Myfxbook team.

Updates And Features

We have several updates and features pushed out in this version update, several of which are to match our statistics to industry standards as asked by our members on a constant basis – it took us a while to complete this task, as it required a large change in our calculations.

So what has been changed?

Gain formula – there is a slight change in the gain formula – it is now time weighted, as required by the Global Investment Performance Standards (or in short “GIPS”) published by the CFA institute. It now represents a value of a dollar which was compounded since the inception of the system.

Monthly change – the monthly change is no longer cumulative, but absolute, so it now shows the change per month based on the balance change during that month.

Monthly metrics now include 3 more metrics:

Pips:

Profit:

and lots:

*The new metrics will become available after the next update of your account.

There is a new section waiting to be released next week, which should be very handy in your trading! Stay tuned!

Wish you a profitable week!

Regards,

The Myfxbook team.

4th Contest Winners Announced!

It’s been a very intense month of trading for our competitors – the competition was fierce and the winners came out very close to each other.

The winners of this contest are:

1st place, $3,000 funded FXCM account – FullFX (3441.43%).

2nd place, $2,000 funded FXCM account – songpobj (3123.79%).

Winners, you will be contacted by FXCM to claim your prizes.

We would like to thank all of the competitors for participating. We are getting ready to launch our next contest next week, so get ready! 🙂

Have a great week!

The Myfxbook team.