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Gain calculation (example included)
Aug 06, 2014 at 11:11
Mitglied seit Aug 06, 2014
1 Posts
Hi,
i try to understand the gain calculation of myfxbook (twr).
So the calculated gain should be -30.26% with only 2 trades and 1 deposit.
i use this formular: https://www.myfxbook.com/help#help_11
so lets use the following values:
profit_1 = -320,06
balance_1_open = 400
profit_2 = -24,19
balance_2_open = 79,94
gain per trade is correct, if i use the formular only for 1 trade at a time
first trade -80,02
second trade -30.26
so far so good.
lets use the formular for both trades:
(( -320,06/400 +1) * (-24,19/79,94 +1) -1)*100 = ??
((0,19985 * 0,69739805)-1)*100 = -86.0625 % BUT it should be -30.26% according to the myfxbook value ...
i hope someone can explain me what i'm doing wrong. i just use the formular (https://www.myfxbook.com/help#help_11), should be fine mhhh... ;(
i try to understand the gain calculation of myfxbook (twr).
So the calculated gain should be -30.26% with only 2 trades and 1 deposit.
i use this formular: https://www.myfxbook.com/help#help_11
so lets use the following values:
profit_1 = -320,06
balance_1_open = 400
profit_2 = -24,19
balance_2_open = 79,94
gain per trade is correct, if i use the formular only for 1 trade at a time
first trade -80,02
second trade -30.26
so far so good.
lets use the formular for both trades:
(( -320,06/400 +1) * (-24,19/79,94 +1) -1)*100 = ??
((0,19985 * 0,69739805)-1)*100 = -86.0625 % BUT it should be -30.26% according to the myfxbook value ...
i hope someone can explain me what i'm doing wrong. i just use the formular (https://www.myfxbook.com/help#help_11), should be fine mhhh... ;(
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