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Missleading drawdown
scalpguy

Medlem sedan Oct 27, 2009  15 poster scalpguy Oct 27 2009 at 09:38
Where can I find a drawdown for the whole account which takes into account the open positions ?

For example:

Starting equity: $1000
Long EURUSD (1 pip=$10, commissions included in the bid/ask spread) position for 1 lot @1.50000
Price goes to 1.4950
Price returns back to 1.4990
Position closed @1.4990
Trade loss: -$100
Ending equity: $900

Account drawdown: -5%

Now it seems the results are calculated from the closed positions only (end results)...

Staff

Medlem sedan Jul 31, 2009  1370 poster Ethan (Staff) Oct 27 2009 at 09:42
Yes you're correct, the drawdown is currently calculated using the balance figure.

We're working on this issue and it will be calculated based on the equity/NAV value.

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EURUSD 1.16813 GBPUSD 1.32315
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