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Gain vs. Balance

thejerry
Jun 10 2014 at 18:36
posts 4
Deposit: 1000 USD
Profit: 330 USD
Balance: 1181 USD

Shouldn't be balance 1 330 USD? Please, Can someone explain this difference?

It is really question about Profit vs. Balance. Not Gain vs. Balance :) sorry.
vontogr (togr)
Jun 11 2014 at 12:19
posts 4862
FIRMANSYAH UTAMA (futama99)
Jun 11 2014 at 14:06
posts 25
whicj account you are talking about? ... swap fee?
kvetinac
Jun 12 2014 at 06:33
posts 4
I've noticed some weirdness too, but the difference is skewed to the other side (balance higher than profit). And the % gain is wrong too.

The account is just a week old.

Deposit: 20000.00
Balance: 21223.83 (right; matches the balance in my MT4 platform)
Profit: 1165.22 (wrong; should be 1223.83)

Furthermore, the gain stated above in the Info/Stats tab is 5.82% (Abs. Gain = 5.82%), apparently derived form the 'profit'.
However, correct gain (6.12%) and profit appears in the Trading/Periods tab (This week, This month, This year).

No interest/swap in play as I didn't hold any positions overnight yet.

There seems to be something wrong with the Info pane calc 😕
vontogr (togr)
Jun 12 2014 at 11:39
posts 4862
Deposit - Withdrawal + Profit = Balance
20000 - ? + 1165.22 = 21223

What about swaps, interest, commissions - did you include these in your calc?
thejerry
Jun 12 2014 at 17:15
posts 4
Eh.. I just calculated that manually and profit is without commision and swap. I don't know why, but I always thought that profit on myfxbook is net. Thank you!
thejerry
Jun 12 2014 at 17:25
posts 4
Hehe ty jsi také Čech :D Koukam, ze ses dostavas tam kam bych se take rad jednou dostal. Caesara jede opravdu luxusne!!!
kvetinac
Jun 14 2014 at 14:01
posts 4
Ha, samí Češi :))

@togr : Profit < Balance - Deposit, so the ? in your equation has to be +, not -.
There were no additional deposits / bonuses / rebates / positive swaps.
Net trade PL - Commissions +/- Swaps = 1223 (net profit is actually even greater than this).

Nevermind, neřešme to... the stats are just for my private use. But there's definitely something wrong.. I will try to delete/recreate the account, and if it doesn't solve the problem, I will send a support request to the staff.
tigpips
Jun 18 2014 at 07:38
posts 186
yea most likely it is the withdrawal
http://www.freeforexrebates .info
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