BPGE (PAMM account) (de forex_trader_100568)
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Discussion BPGE (PAMM account)
Membre depuis Dec 05, 2015
posts 38
Membre depuis Dec 05, 2015
posts 38
Membre depuis Dec 05, 2015
posts 38
Membre depuis Feb 12, 2016
posts 52
Apr 20, 2016 at 06:29
Membre depuis Apr 12, 2016
posts 21
Hi everyone,
Priorfx answered me, It's a bug :) :) I feel better about myself. (My account and myfx book tell my drawdown is about 98% lol)
Let's read their answer below :
'Pls do not pay attention to the equity. It is shown incorrectly. Your account is connected to the MAM, and volume distributes proportionally. So the size that you are getting much less than 0.01 lot. You can see it in the comment to the closed trade. But unfortunately MT4 cannot work with the size less than 0.01. So it shows wrong calculation. It is common problem to all small accounts, where the size is below 0.01 lot.
You can see the result only in closed trades.
Soon we will implement the proper calculation to our clients area. '
Priorfx answered me, It's a bug :) :) I feel better about myself. (My account and myfx book tell my drawdown is about 98% lol)
Let's read their answer below :
'Pls do not pay attention to the equity. It is shown incorrectly. Your account is connected to the MAM, and volume distributes proportionally. So the size that you are getting much less than 0.01 lot. You can see it in the comment to the closed trade. But unfortunately MT4 cannot work with the size less than 0.01. So it shows wrong calculation. It is common problem to all small accounts, where the size is below 0.01 lot.
You can see the result only in closed trades.
Soon we will implement the proper calculation to our clients area. '
Apr 20, 2016 at 06:32
Membre depuis Dec 01, 2015
posts 10
God. BP already said this was a bug. You just have to read! start around page 27
BP33 posted:
Check the previous posts.
There's a bug in their new client area which causes the figures to look way off.
*It's definitely only a display issue*
I'm told the ETA for a fix is 2 weeks. They've got to finish the new client area first.
You can check the account stats here on myfxbook, if the account isn't blowing up then
Apr 20, 2016 at 07:28
Membre depuis Nov 06, 2015
posts 91
Vengence posted:
hopefully someone can answer this question for me the Draw-down for Sector 1 Moderate is 3.28% but on the draw down tab the highest it has been is .28% which was on the 14th of April 2016 is this just a bug?
The way I understand it is that one represents equity drawdown while the one on the chart represent balance drawdown.
This means that at certain point of time the equity (which is the only real value of the account) was down 3.28%. Obviously later the account recovered being the maximum balance DD (balance reflects only closed transactions) .28.
I hope this helps.
forex_trader_100568
Membre depuis Nov 25, 2012
posts 121
Apr 20, 2016 at 07:32
Membre depuis Nov 25, 2012
posts 121
Pablo51 posted:Vengence posted:
hopefully someone can answer this question for me the Draw-down for Sector 1 Moderate is 3.28% but on the draw down tab the highest it has been is .28% which was on the 14th of April 2016 is this just a bug?
The way I understand it is that one represents equity drawdown while the one on the chart represent balance drawdown.
This means that at certain point of time the equity (which is the only real value of the account) was down 3.28%. Obviously later the account recovered being the maximum balance DD (balance reflects only closed transactions) .28.
I hope this helps.
There's an issue with myfxbook - basically it can't keep up properly, which is pretty useless really.
By all means ask myfxbook support why they can't do one of the things that they're actually supposed to be good for.
At the bottom of the page, click on 'Report A Bug!' and ask them why they can't provide a basic service and when will they fix it :)
Apr 20, 2016 at 12:44
Membre depuis Apr 07, 2016
posts 5
Pablo51 posted:Vengence posted:
hopefully someone can answer this question for me the Draw-down for Sector 1 Moderate is 3.28% but on the draw down tab the highest it has been is .28% which was on the 14th of April 2016 is this just a bug?
The way I understand it is that one represents equity drawdown while the one on the chart represent balance drawdown.
This means that at certain point of time the equity (which is the only real value of the account) was down 3.28%. Obviously later the account recovered being the maximum balance DD (balance reflects only closed transactions) .28.
I hope this helps.
That is also my understanding. Would be nice to be able to see a correct representation of equity (closed + open positions P/L) somewhere.
forex_trader_100568
Membre depuis Nov 25, 2012
posts 121
Apr 21, 2016 at 04:52
Membre depuis Nov 25, 2012
posts 121
Zetovs posted:Pablo51 posted:Vengence posted:
hopefully someone can answer this question for me the Draw-down for Sector 1 Moderate is 3.28% but on the draw down tab the highest it has been is .28% which was on the 14th of April 2016 is this just a bug?
The way I understand it is that one represents equity drawdown while the one on the chart represent balance drawdown.
This means that at certain point of time the equity (which is the only real value of the account) was down 3.28%. Obviously later the account recovered being the maximum balance DD (balance reflects only closed transactions) .28.
I hope this helps.
That is also my understanding. Would be nice to be able to see a correct representation of equity (closed + open positions P/L) somewhere.
'There's an issue with myfxbook'
^^^^^^^^^^^^^^^^^^^^
What part of that is not clear to you?
forex_trader_100568
Membre depuis Nov 25, 2012
posts 121
Apr 21, 2016 at 05:13
Membre depuis Nov 25, 2012
posts 121
ATTENTION:
***The only place anyone should be getting the forms required to invest is from PriorFX.***
Once their website updates are completed you won't even have to ask for them.
It would seem some 'websites' are hosting a modified version of the form that is saying the client (YOU) accepts a much higher drawdown %
***That is not the correct document to sign and there is absolutely ZERO need to accept a higher drawdown***
***The only place anyone should be getting the forms required to invest is from PriorFX.***
Once their website updates are completed you won't even have to ask for them.
It would seem some 'websites' are hosting a modified version of the form that is saying the client (YOU) accepts a much higher drawdown %
***That is not the correct document to sign and there is absolutely ZERO need to accept a higher drawdown***
Apr 22, 2016 at 07:57
Membre depuis Jul 02, 2013
posts 13
He has made 1664 $ with a pip of 971, so lot size should be around 0.2 . min lot size you can trade is forex is 0.01. So doing the calculation to be the follower of the signal you should have an account size of 40,000 $ and lot size will be 0.01 to get the same gain and dd.
support@
Apr 22, 2016 at 07:59
Membre depuis Jul 02, 2013
posts 13
Also he has made 9065$ with a pip of 6912 , so for his account size lot size should be around 0.1 to 0.2 .
He has made a max dd of 3.28% . so in an account size of around 800K he would have had a negative pips of around 12k to 24k pips.
So for an account size of 10k with min of 0.01 lot size, max dd would have be around 13%. Just with this account size and doubling the lot size ie 0.02 lot max dd would be 26%. Max dd would be more if your account size is less than 10k.
He has made a max dd of 3.28% . so in an account size of around 800K he would have had a negative pips of around 12k to 24k pips.
So for an account size of 10k with min of 0.01 lot size, max dd would have be around 13%. Just with this account size and doubling the lot size ie 0.02 lot max dd would be 26%. Max dd would be more if your account size is less than 10k.
support@
Membre depuis Mar 24, 2015
posts 1
Apr 22, 2016 at 08:02
Membre depuis Mar 24, 2015
posts 1
Hi,
First, thanks for your work BP33. BPGE give me a great return 😁 , it was a fantastic investment.
I invested in Sector 1 Moderate from (2016.04.12) up to date (2016.04.22) profit always negative (-2% / -4%) I see chart in myfxbook and I think my profit should be positive perhaps 1%-2%.
In daily confirmation from PriorFX i see a lot of tranactions but nowhere mention Sector 1. I wonder Am I investing under sector 1?
Best regards
First, thanks for your work BP33. BPGE give me a great return 😁 , it was a fantastic investment.
I invested in Sector 1 Moderate from (2016.04.12) up to date (2016.04.22) profit always negative (-2% / -4%) I see chart in myfxbook and I think my profit should be positive perhaps 1%-2%.
In daily confirmation from PriorFX i see a lot of tranactions but nowhere mention Sector 1. I wonder Am I investing under sector 1?
Best regards
Apr 22, 2016 at 08:26
Membre depuis Nov 29, 2015
posts 25
silviayjose posted:
Hi,
First, thanks for your work BP33. BPGE give me a great return 😁 , it was a fantastic investment.
I invested in Sector 1 Moderate from (2016.04.12) up to date (2016.04.22) profit always negative (-2% / -4%) I see chart in myfxbook and I think my profit should be positive perhaps 1%-2%.
In daily confirmation from PriorFX i see a lot of tranactions but nowhere mention Sector 1. I wonder Am I investing under sector 1?
Best regards
pretty sure it's just a bug it should be fixed soon
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