Friday, December 25, 2015

MyFxBook Stats

The help section doesn't tell you too much about the stats given on the history tab of your trades, shown below.



Here's what I 'think' they mean...

Time Profitable:  This is in pips but equivalent to the account currency, not pips of the trade.
Drawdown: In account currency pips, converter from the pair you traded
Risk:Reward: 
Max:106.7 pips, This is the BEST watermark (high for buy, low for sell)
Min: -38.9 pips, This is the WORST watermark (worst DD in pips that the trade experienced)
Profit Missed: Closed price to high watermark
Entry Accuracy: 
Exit Accuracy: 

I look at the Min and Max numbers mostly to determine stop and target settings.

Disclaimer

The information presented on this site is for educational and entertainment purposes only. This site contains no suggestions or instructions that you must follow, do your own research and due diligence before committing your cash to the markets. Your on your own.