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Ability to track a User's Previous Account History vote results

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Ability to track a User's Previous Account History Discussion

FXAndy (FXAndy)
Jun 10 2010 at 08:13
6 posts
What would be useful is if we could have the ability to see how many different trading accounts have been previously listed by a user, and have been subsequently deleted/delisted.

Of course, we will not have the latest account info, as MFB won't have the feed, but it will give us some idea of whether users are setting up demo accounts / $10 bucket shop accounts, taking huge risks to try and gain an artificial' %age account gain.

The user can then be questioned on these accounts, relisting them for the community to see if there is nothing to hide...

pc8multifx (pc8multifx)
Jun 10 2010 at 12:33
879 posts
This leads to nothing... Privacy first, I don't let other people stick their nose at my private assets, period. I use myfxbook mainly as an tool to analyze my trading. Blowing my account or making millions is nobody's business.

FXAndy (FXAndy)
Jun 10 2010 at 19:15
6 posts

pc8multifx posted:
    This leads to nothing... Privacy first, I don't let other people stick their nose at my private assets, period. I use myfxbook mainly as an tool to analyze my trading. Blowing my account or making millions is nobody's business.


Privacy is an irrelevant issue - when you list an account, you are publishing those account details to the world at large, at least those details which you wish to display - letting 'other people stick their nose in your private assets' is the whole point !!

For those who use MFB as a tool for analyzing their own trading, all power to you - in this case it would not be an issue, would it? If someone could see that back in March '09 you had an account called XYZ that was listed, and wanted to know why it's not anymore, you could tell them to mind their own business, its for your own analysis.

The issue I have is with people who list accounts, they get blown through reckless trading, and suddenly you don't see them anymore - a similar concept exists in the hedge fund fund space - it's called survivorship bias.

This would just make MFB much more transparent..... which I am beginning to understand might not be such a good idea in some peoples eyes..

pc8multifx (pc8multifx)
Jun 10 2010 at 21:02
879 posts
I grew up in a country where privacy comes first, not transparency for the sake of the curiosity of other people.

So maybe we have a different understanding of whats relevant or not.

Im just not in the mood to tell every time when someone asks out of curiosity he should stick his nose in his own business. In the end I would have to set all accounts to private and Im convinced many others would do the same, tired of forced to explain people the 'why' and 'what happened' questions day in day out.

You brought up the best argument against your own suggestions: These guys which back up her show off attitude with countless new accounts when one gets belly up, these guys will tell you as well 'move on, its not your business what I'm doing'.

I personally would like to set ALL my past accounts to public, but the limitation on space for all the nice graphs(all heading north LOL) doesnt allow to do so, otherwise the relevant ones would disappear in this graphic noodle salad. Just for illustrating I do set all accounts for some hours to public status right now.. nothing to hide. Enjoy!

To really reach your desired goal of full transparency Myfxbook would have to get rid of the privacy feature in total, with the consequence of the shown side effect of intransparent graphic salad..

What you see on my graphic and system history is the 'work in progress' of developing successful EAs to trade managed accounts. With your suggestion in place, i would have to spend every day hours to explain curious people the history of the past work. NO WAY !

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