Commission stats vote results
Commission stats Discussion
Apr 30, 2010 at 07:41
647 Views
2 Replies
forex_trader_6429
Member Since Jan 31, 2010
24 posts
Apr 30, 2010 at 07:41
I would like to see MyFXBook to count on broker's commission, as I think that most serious brokers out there are not those with fixed spreads, but with commission.
I would LOVE to have the ability to switch to 'pips including commission' in the detailed report - if I switch it on, everywhere there are pips, there would also be 'pips including commission', as each commission actually widens the spread by certain amount of pips. You can get the amount of pips that the commission took on a certain trade like this:
Trade's commission in USD (P/L in USD for certain trade / trade's P/L in pips)
I would LOVE to have the ability to switch to 'pips including commission' in the detailed report - if I switch it on, everywhere there are pips, there would also be 'pips including commission', as each commission actually widens the spread by certain amount of pips. You can get the amount of pips that the commission took on a certain trade like this:
Trade's commission in USD (P/L in USD for certain trade / trade's P/L in pips)
forex_trader_6429
Member Since Jan 31, 2010
24 posts
Apr 30, 2010 at 11:49
Sorry it's
TC / (PLUSD / PLPIPS)
TC ... Trade's commission in USD
PLUSD ... trade's P/L in USD
PLPIPS ... trade's P/L in pips
It must be calculated like this for each trade separately, as the amount of pips depends on many factors, like the broker's rules for calculating the commission on exotic pairs, the pair traded etc.
TC / (PLUSD / PLPIPS)
TC ... Trade's commission in USD
PLUSD ... trade's P/L in USD
PLPIPS ... trade's P/L in pips
It must be calculated like this for each trade separately, as the amount of pips depends on many factors, like the broker's rules for calculating the commission on exotic pairs, the pair traded etc.
Member Since Jul 31, 2009
1449 posts
May 01, 2010 at 09:15
Thanks for the detailed explanation! 😄
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