We’ve just added another metric to the statistics which will help you to evaluate the risk of your/other’s trading system:
The Risk of Ruin table (under ‘Advanced Statistics’) will show you the probability of losing a certain % of the account (ranging from 100% down 10%). It will also tell how how many consecutive losing trades are needed to reach the selected loss.
For easier interpretation of the table, you can simply hover over the selected column and a short sentence will appear explaining the numbers.
P.S. If you can’t see the new metrics, please clear your browser’s cache.
The Myfxbook team.
One thought to “Risk of Ruin”
Thank you for adding the new feature, it really help all of us to analyze the trades more easier.
Just a suggestion, please add text link on all the tabs (Open Trades, History, Trades, Summary, Risk of Ruin, etc).
This is just a suggestion, hope it is not hard to do it.
Thank you for helping all of us, you are still the best.
Comments are closed.