MyTousha's Verification Account (By MyTousha)

Gain : -99.9%
Drawdown 99.93%
Pips: 469.2
Trades 75
Won:
Lost:
Type: Demo
Leverage: 1:500
Trading: Manual

MyTousha's Verification Account Discussion

May 14, 2020 at 19:10
384 Views
1 Replies
Member Since May 14, 2020   1 posts
May 14, 2020 at 21:59
The starting balance was 1000$, 2200$ profit.
The myfxbook system gives me a gain of -99.5% while the absolute gain is +220%!
Drawdown is 100% every day!!!! while my drawdowns are very small and you could check it at my balance growth (difference between balance and equity)
Member Since Jul 20, 2019   373 posts
May 15, 2020 at 12:29
It looks like your account is in minus/crashed today. That's why it shows a 100% drawdown every day now. lol
Your profit yesterday was more than 2800$, but today you lost more than 3900$ with those 3 very bad GBP/USD trades.
You should use lower lot-sizes with a 1k-account. For a 1k account 0.01lot is okay, for a 2k account 0.02lot, and so on. If you'd like to use higher lot sizes you should use an SL (Stopp Loss) close to your entry points. 😉
patience is the key
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