Myfxbook portfolio statistics - which statistics are most important?

Oct 09, 2018 at 14:01
449 Views
5 Replies
Member Since Dec 08, 2015   5 posts
Oct 09, 2018 at 14:01
Hi,

I want to ask a question to experienced users as newbie.
Can someone tell me which statistics in portfolio page are most important to to find best accounts?
Ofcourse gain is most important :) But we need to understand most healthy account.
Which statistics are you looking to understand account healthy?

Gain
Abs. Gain
Profit Factor
Standard Deviation
Sharpe Ratio
Z-Score (Probability)
Member Since May 10, 2018   90 posts
Oct 09, 2018 at 14:15
burhanck posted:
Hi,

I want to ask a question to experienced users as newbie.
Can someone tell me which statistics in portfolio page are most important to to find best accounts?
Ofcourse gain is most important :) But we need to understand most healthy account.
Which statistics are you looking to understand account healthy?

Gain
Abs. Gain
Profit Factor
Standard Deviation
Sharpe Ratio
Z-Score (Probability)

You forgot Drawdown.
jnimc
forex_trader_404449
Member Since Feb 19, 2017   12 posts
Oct 09, 2018 at 14:58
burhanck posted:
Hi,

...
Which statistics are you looking to understand account healthy?
...

Sharpe Ratio for a long healthy life...
jnimc
forex_trader_404449
Member Since Feb 19, 2017   12 posts
Oct 10, 2018 at 06:04
Educate yourself about risk adjusted related stats: Sharpe, Sortino, Calmar etc.
Member Since Dec 08, 2015   5 posts
Oct 10, 2018 at 06:15
TR4DEX posted:

You forgot Drawdown.

Yes correct! Do you have more suggestions?

Thanks.
Member Since Apr 18, 2017   718 posts
Dec 16, 2018 at 11:21
TR4DEX posted:
burhanck posted:
Hi,

I want to ask a question to experienced users as newbie.
Can someone tell me which statistics in portfolio page are most important to to find best accounts?
Ofcourse gain is most important :) But we need to understand most healthy account.
Which statistics are you looking to understand account healthy?

Gain
Abs. Gain
Profit Factor
Standard Deviation
Sharpe Ratio
Z-Score (Probability)

You forgot Drawdown.

Exactly; drawdown is a very much important issue here! We need to consider is very carefully.
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