Are the myfxbook numbers correct? vote results

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Are the myfxbook numbers correct? Discussion

Jan 28, 2011 at 03:03
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5 Replies
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Jan 28, 2011 at 03:03
issue #1: my equity is up atm, but the chart's equity shows me down.

issue #2: drawdown numbers are not correct. your numbers on the left hand side of the image, below, show that i had a 0.00% drawdown, but i really had something like a 50% drawdown on this account.

i do not think that the myfxbook numbers are correct.

this fact that these numbers are not correct might cause me to not put a lot of weight into your community outlook numbers.

also, wouldnt it be nice if those community outlook numbers and the numbers that show what percentage/lots are long/short in various pairs was accessible as a simple comma delimited file via the web? that would absolutely rock.

this game of trading is about numbers.

i'd like to see you get your numbers right.

you do run a very nice website, but if the numbers are not right...

zzzero/.

<a href='https://img257.imageshack.us/img257/5598/zzzero1.jpg' target='_new'><img src='https://img547.imageshack.us/img547/383/zzzero1thumb.jpg'></a>
<i>click to zoom image, will open in new browser window</i>

Member Since Jul 31, 2009   1449 posts
Jan 28, 2011 at 12:29
This is caused by the design of the charts, which are normalized to show end of day data, based on closed trades only.
If you check the date of the last data point, you will notice it's January 25th. If you were to close a trade today, you would have seen the updated equity value.
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Jan 28, 2011 at 23:03 (edited Jan 28, 2011 at 23:09)
ok.

if these numbers are not really right then are the community outlook numbers correct?

or are they updated at the end of day or whatever also?

zzzero/.
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Jan 28, 2011 at 23:07 (edited Jan 28, 2011 at 23:10)
it is just my thinking that the chart currently shows my balance as being down AND it shows my equity as being down.

but, my equity is currently up by approx 8%, it is not down.

how can this be fixed?

zzzero/.
Member Since Jul 31, 2009   1449 posts
Jan 29, 2011 at 11:38

zzzero posted:
    ok.

if these numbers are not really right then are the community outlook numbers correct?

or are they updated at the end of day or whatever also?

zzzero/.


The numbers in the community outlook are correct - they're updated every 60 seconds (as stated at the bottom).
Member Since Jul 31, 2009   1449 posts
Jan 29, 2011 at 11:39

zzzero posted:
    it is just my thinking that the chart currently shows my balance as being down AND it shows my equity as being down.

but, my equity is currently up by approx 8%, it is not down.

how can this be fixed?

zzzero/.


Once you close a trade, it will be visible on the chart. You can still see the latest equity in the equity figure on the left.
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