DennisBuchholz
Agimat Rep
- Messages
- 3
About the drawdown, you are very mistaken. That is not the average but max recorded.
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Statement Myfxbook:
We log the maximal drawdown. Drawdown is calculated using several ways:
(1) logging of drawdown at each account update.
(2) calculation of balance drawdown
(3) calculation of equity drawdown based on historic prices (end of day)
The highest figure out of the above methods will be the one showing as the drawdown value, while drawdown chart shows end of day values.
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Meaning our drawdown does not even reach 2% on average. Meaning we have an excellent record over many months. Most of you can't beat that.
Also, you guys need to understand that I am not putting all our accounts public on Myfxbook. Do you publish your bank statement online visible to the whole world? If you are interested to see some statistics and how everything works, we can invite you to our office in Spain/Mallorca or Hong Kong.
If you prefer video conferencing, that is possible, too. In that case, you will have to go through a quick KYC (Know Your Customer) process via idcheck.io; it takes just a minute and will happen before the video conference start. An automated identity verification service is needed, we need to know who we talk to, and due to compliance with regulations.
=================================
Statement Myfxbook:
We log the maximal drawdown. Drawdown is calculated using several ways:
(1) logging of drawdown at each account update.
(2) calculation of balance drawdown
(3) calculation of equity drawdown based on historic prices (end of day)
The highest figure out of the above methods will be the one showing as the drawdown value, while drawdown chart shows end of day values.
=================================
Meaning our drawdown does not even reach 2% on average. Meaning we have an excellent record over many months. Most of you can't beat that.
Also, you guys need to understand that I am not putting all our accounts public on Myfxbook. Do you publish your bank statement online visible to the whole world? If you are interested to see some statistics and how everything works, we can invite you to our office in Spain/Mallorca or Hong Kong.
If you prefer video conferencing, that is possible, too. In that case, you will have to go through a quick KYC (Know Your Customer) process via idcheck.io; it takes just a minute and will happen before the video conference start. An automated identity verification service is needed, we need to know who we talk to, and due to compliance with regulations.