Sector Capital 1 - PriorFX (By forex_trader_100568)
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Sector Capital 1 - PriorFX Discussion
Member Since May 16, 2012
26 posts
Sep 12, 2016 at 06:14
(edited Sep 12, 2016 at 06:14)
Member Since Mar 22, 2016
29 posts
I believe this is the new myfxbook profile of BP33:
https://www.myfxbook.com/members/BP33/sector-1-moderate/1576945
https://www.myfxbook.com/members/BP33/sector-1-moderate/1576945
Sep 22, 2016 at 06:34
Member Since Jun 27, 2016
9 posts
Ho, isn't anyone having massive draw down issues in their account?
My statement from priorfx for the 22nd September, saids I'm currently in 90% equity draw down on my account, a total of $6.3k usd!
I've emailed priorfx and will call them shortly. I thought there was a 40% equity stop?!?
My statement from priorfx for the 22nd September, saids I'm currently in 90% equity draw down on my account, a total of $6.3k usd!
I've emailed priorfx and will call them shortly. I thought there was a 40% equity stop?!?
Sep 22, 2016 at 10:57
Member Since Jun 11, 2016
3 posts
phynicle posted:
Ho, isn't anyone having massive draw down issues in their account?
My statement from priorfx for the 22nd September, saids I'm currently in 90% equity draw down on my account, a total of $6.3k usd!
I've emailed priorfx and will call them shortly. I thought there was a 40% equity stop?!?
I had the same problem. I asked priorfx about the statements. The answer was that the MAM slave accounts cannot show exact floating p/L from MT4 as i understood it. The daily statements is thereby misleading because it doesnt show the exact lot sizes. The support then replied that I should contact the "asset manager" because he has to allow the information.
BP33, is this about privacy of your system?
I think its a major problem that investors get misleading statements... In my situation I dont know my exact equity because i recently have deposit more money and i dont have any chance to know how good/bad the money "entered" the trades if you can follow my concerns...
Sep 22, 2016 at 11:12
Member Since Jun 11, 2016
3 posts
phynicle posted:
Ho, isn't anyone having massive draw down issues in their account?
My statement from priorfx for the 22nd September, saids I'm currently in 90% equity draw down on my account, a total of $6.3k usd!
I've emailed priorfx and will call them shortly. I thought there was a 40% equity stop?!?
I had the same problem. I asked priorfx about the statements. The answer was that the MAM slave accounts cannot show exact floating p/L from MT4 as i understood it. The daily statements is thereby misleading because it doesnt show the exact lot sizes. The support then replied that I should contact the 'asset manager' because he has to allow the information.
BP33, is this about privacy of your system?
I think its a major problem that investors get misleading statements... In my situation I dont know my exact equity because i recently have deposit more money and i dont have any chance to know how good/bad the money 'entered' the trades if you can follow my concerns...
Ho, isn't anyone having massive draw down issues in their account?
My statement from priorfx for the 22nd September, saids I'm currently in 90% equity draw down on my account, a total of $6.3k usd!
I've emailed priorfx and will call them shortly. I thought there was a 40% equity stop?!?
I had the same problem. I asked priorfx about the statements. The answer was that the MAM slave accounts cannot show exact floating p/L from MT4 as i understood it. The daily statements is thereby misleading because it doesnt show the exact lot sizes. The support then replied that I should contact the 'asset manager' because he has to allow the information.
BP33, is this about privacy of your system?
I think its a major problem that investors get misleading statements... In my situation I dont know my exact equity because i recently have deposit more money and i dont have any chance to know how good/bad the money 'entered' the trades if you can follow my concerns...
Member Since Mar 18, 2016
9 posts
Sep 22, 2016 at 11:38
Member Since Feb 23, 2014
53 posts
phynicle posted:
Ho, isn't anyone having massive draw down issues in their account?
My statement from priorfx for the 22nd September, saids I'm currently in 90% equity draw down on my account, a total of $6.3k usd!
I've emailed priorfx and will call them shortly. I thought there was a 40% equity stop?!?
it's priorfx bug, calculate manually from myfxbook statement. even last week BP33 made 0.78% profit but according to priorfx - my account made more than 1% profit (i used weekly date filter to check profit). however if i calculate manually it's almost 0.78% profit.
Sep 22, 2016 at 13:57
Member Since Jul 03, 2016
3 posts
There has always been a problem with priorfx statements showing incorrect equity(at least for those with accounts<5k). The only way to find out your current equity is: (master's equity x your current balance)/100.
Since this drawdown my last statement shows -3.5k equity.
However, is this bug happening only for those with accounts smaller than 5k or is happening for everyone?
Since this drawdown my last statement shows -3.5k equity.
However, is this bug happening only for those with accounts smaller than 5k or is happening for everyone?
Sep 22, 2016 at 14:09
Member Since Jun 11, 2016
3 posts
thedoc93 posted:
There has always been a problem with priorfx statements showing incorrect equity(at least for those with accounts<5k). The only way to find out your current equity is: (master's equity x your current balance)/100.
Since this drawdown my last statement shows -3.5k equity.
However, is this bug happening only for those with accounts smaller than 5k or is happening for everyone?
It happens on accounts bigger than 5k...
Priorfx explained that information in statements is inaccurate because it does'nt get all information, which the asset manager has to accept to "deliver". If I understood correctly...
Member Since Feb 12, 2016
52 posts
Sep 23, 2016 at 08:19
Member Since Feb 12, 2016
52 posts
thedoc93 posted:
There has always been a problem with priorfx statements showing incorrect equity(at least for those with accounts<5k). The only way to find out your current equity is: (master's equity x your current balance)/100.
Since this drawdown my last statement shows -3.5k equity.
However, is this bug happening only for those with accounts smaller than 5k or is happening for everyone?
It happening with all accounts as I can see. I have account way bigger than $5000 and I have around 40% drawdown now.
Member Since Feb 12, 2016
52 posts

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