Diskusija

Hi there...

The true value of any given system at any given point in time is measured by EQUITY, not BALANCE.

If one were to close all open trades at market right now, the balance will adjust to equity, as opposed to the equity adjusting to balance.

I believe a fundamental problem with the reporting of system performance in MyFXBook (which I think is a great platform by the way) is that the true value of systems is by default obscured by balance emphasis instead of equity emphasis. My suggestion is that all of the primary reporting of system performance be by equity ranking, not balance ranking. Also, I think if balances and balance growth percentages are to be shown on graphs at all, those figures should have secondary prominence after equity and equity growth.

For example, when viewing the first graphs of any given system if I saw BOLD lines for equity and equity growth and then dotted lines (or such) for the current balance / balance growth then I could see both the true value of a system AND what kind of result is reflected 'in the bank'. Systems where equity leads are cleary superior and systems where equity trails (or worse, where equity displays a widing gap to balance) are clearly inferior.

I realize one can glance over to the current equity figure on the left but...

thx for a great site! t.

T, you're absolutely correct.

As stated before, it's under development and since it's one of the more complex features we've been requested to do, it's still under development. We're very busy with the daily amount of suggestions and do try to keep up.

Thanks!

Did not know it was requested before, but I'm glad to hear that and that it's in the works. Looking forward to seeing it.

thx, t.

I second that. When I'm looking at all my account in my portfolio ( on the /portfolio page ) I see the balance, but it's nowhere close to the equity. I always find myself going into each account to actually see how I'm doing and see how much of a float I have.