ND Finance (SIG-R) (By forex_trader_19401)
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ND Finance (SIG-R) Discussion
Oct 07, 2010 at 09:27
(edited Oct 07, 2010 at 09:33)
Hi Steve,
I think they're still working on it. I posted a link just above which probably explains the difficulty they might be having.
And in my opinion, the drawdown should be based on the equity, like the brokerages show for the PAMM accounts. It reflects the true fluctuation, drawdown and a better understanding of risk exposure in one's trading. Perhaps they can show both figures - balance drawdown (based on closed losses) and equity drawdown (based on the lowest floating loss ever incurred)
I think myfxbook staff is trying to implement it to reflect drawdown based on the equity.
Thx.
I think they're still working on it. I posted a link just above which probably explains the difficulty they might be having.
And in my opinion, the drawdown should be based on the equity, like the brokerages show for the PAMM accounts. It reflects the true fluctuation, drawdown and a better understanding of risk exposure in one's trading. Perhaps they can show both figures - balance drawdown (based on closed losses) and equity drawdown (based on the lowest floating loss ever incurred)
I think myfxbook staff is trying to implement it to reflect drawdown based on the equity.
Thx.
Member Since Oct 28, 2009
1424 posts
Oct 07, 2010 at 09:36
Yes, I know they are working on getting a true equity analysis of the accounts and have been for a while. It will be good once they get there.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Jul 31, 2009
1444 posts
Oct 07, 2010 at 12:46
ranesh posted:
I think myfxbook staff is trying to implement it to reflect drawdown based on the equity.
That is correct - we didn't base the drawdown on equity yet since we've been testing the equity calculations to see if there are any errors. It will be implemented soon.
Thanks.
forex_trader_19401
Member Since Oct 01, 2010
11 posts
Oct 10, 2010 at 01:42
Staff posted:if MetaTrader 4 broker is not on the list, how to add?
ranesh posted:
I think myfxbook staff is trying to implement it to reflect drawdown based on the equity.
That is correct - we didn't base the drawdown on equity yet since we've been testing the equity calculations to see if there are any errors. It will be implemented soon.
Thanks.
Member Since Oct 28, 2009
1424 posts
Oct 13, 2010 at 12:46
Any idea why your equity is showing as 249% when you only have one open trade which is 20 cents up?
See attached.
See attached.
Attachments:
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forex_trader_19401
Member Since Oct 01, 2010
11 posts
Oct 13, 2010 at 13:41
stevetrade posted:I trade with credit margin. see this image
Any idea why your equity is showing as 249% when you only have one open trade which is 20 cents up?
See attached.
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