Misleading "Risk of ruin" feature vote results
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Misleading "Risk of ruin" feature Discussion
Member Since Feb 16, 2010
1332 posts
Feb 02, 2011 at 05:27
Member Since Feb 16, 2010
1332 posts
Actually this feature is rather misleading at this point cause it's based on balance and not the equity.
Here https://www.myfxbook.com/members/berkah/ma-alpari/78862 we have everywhere 0.01 risk of ruin but the equity is @ 34%. I think this account is already ruined cause it's not updated but I keep seeing 0.01 risk of ruin everywhere.
Here https://www.myfxbook.com/members/berkah/ma-alpari/78862 we have everywhere 0.01 risk of ruin but the equity is @ 34%. I think this account is already ruined cause it's not updated but I keep seeing 0.01 risk of ruin everywhere.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Jul 31, 2009
1444 posts
Feb 03, 2011 at 08:22
Member Since Jul 31, 2009
1444 posts
Thanks for the feedback.
We've already changed it to be based on equity and the change will be applied in the next version update (probably over the weekend).
We've already changed it to be based on equity and the change will be applied in the next version update (probably over the weekend).
Member Since Feb 16, 2010
1332 posts
Feb 03, 2011 at 08:34
(edited Feb 03, 2011 at 08:35)
Member Since Feb 16, 2010
1332 posts
Staff posted:
Thanks for the feedback.
We've already changed it to be based on equity and the change will be applied in the next version update (probably over the weekend).
Thanx, this change will dramatically reduce the 'good looking' ticking time bombs.
But will it be based on max. floating loss of the day or the floating loss at certain hour?
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Jul 31, 2009
1444 posts
Feb 03, 2011 at 16:00
Member Since Jul 31, 2009
1444 posts
It will be based on the last available equity data.
forex_trader_27988
Member Since Jan 26, 2011
1367 posts
Feb 04, 2011 at 22:09
Member Since Jan 26, 2011
1367 posts
my risk of ruin numbers on my punkybrewster acct ;look weird 2/.
they say it wi;l;l take zero trades to fai;l/.
?>?>
they say it wi;l;l take zero trades to fai;l/.
?>?>
Member Since Jul 31, 2009
1444 posts
Feb 05, 2011 at 13:31
Member Since Jul 31, 2009
1444 posts
zzzero posted:
my risk of ruin numbers on my punkybrewster acct ;look weird 2/.
they say it wi;l;l take zero trades to fai;l/.
?>?>
Thanks - it will be fixed in the next version update, which is due tomorrow.
forex_trader_27988
Member Since Jan 26, 2011
1367 posts
Feb 05, 2011 at 20:32
Member Since Jan 26, 2011
1367 posts
no worries, ethan,,
take your time/.
zzzzzzzzzz/.
take your time/.
zzzzzzzzzz/.
forex_trader_27988
Member Since Jan 26, 2011
1367 posts
Feb 06, 2011 at 19:52
(edited Feb 06, 2011 at 19:54)
Member Since Jan 26, 2011
1367 posts
Member Since Jul 31, 2009
1444 posts
Feb 07, 2011 at 08:04
Member Since Jul 31, 2009
1444 posts
zzzero posted:
ok, now this is cool.
i dont know what this funny looking sideways figure eight means, but it is cool.
😄
I'm almost sure you're kidding, but in case I'm wrong, it stands for 'infinity'. You don't have any losing trades in your account, hence the infinity sign.
Member Since Feb 16, 2010
1332 posts
Feb 18, 2011 at 09:46
Member Since Feb 16, 2010
1332 posts
Why when last equity was ~34% it still shows minimal risk of ruin: https://www.myfxbook.com/members/berkah/ma-alpari/78862
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Jul 31, 2009
1444 posts
Feb 18, 2011 at 11:12
Member Since Jul 31, 2009
1444 posts
forexma posted:
Why when last equity was ~34% it still shows minimal risk of ruin: https://www.myfxbook.com/members/berkah/ma-alpari/78862
The risk of ruin formula is based on the trading history, even though equity is being taken into account.
You can read more here: https://findarticles.com/p/articles/mi_qa5282/is_20090801/ai_n32409572/
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