Does Leverage Affect the Drawdown Stat on myfxbook?

Kibby
Kibby
Jan 17, 2017 at 13:11
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2 Replies
Kibby
Kibby
Member Since Nov 23, 2016   5 posts
Jan 17, 2017 at 13:11
Hello,

I have a quick technical question. I've noticed different accounts on myfxbook have varying amounts of leverage e.g. 1:500, 1:200, 1:100.
Does that affect any of the stats, namely Drawdown or Gain?

Thanks!
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stian
stian
Member Since Nov 14, 2015   315 posts
Jan 17, 2017 at 13:54
No.
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jimcameron
forex_trader_241620
Member Since Apr 13, 2015   20 posts
Jan 17, 2017 at 15:49
Kibby posted:
Hello,

I have a quick technical question. I've noticed different accounts on myfxbook have varying amounts of leverage e.g. 1:500, 1:200, 1:100.
Does that affect any of the stats, namely Drawdown or Gain?

Thanks!


http://www.babypips.com/school/undergraduate/senior-year/the-number-1-cause-of-death-of-forex-traders/leverage-defined.html
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.