New Features!

We’ve just added some new cool features!

Portfolio custom columns – you can now choose from 38 different metrics to be shown in your portfolio page for quick assessment of the system:

Portfolio totals – you will now see the totals of the portfolio for a quick view of the complete performance:

Watch list comments – keeping track of all of the accounts in your watch list can be a daunting task. To help you, we’ve included a comment column which you can use to comment or attach any related files to the system’s watch which will be visible only to you. The comments will be visible (and editable) from both the dashboard screen and from the system page:


Automatic tagging – if you use a tag in the comment field of a trade or an order, it will be picked up by our systems and the trade will be automatically tagged, saving you time (the tag must exist in your tags, otherwise it will be ignored).

As to our latest contest – there are already over 1,330 traders registered! There are only 6 days left for registration so if you wish to participate but haven’t registered yet, please do so now.

Prizes are in total of $4,000! The contest is sponsored by GO Markets; it is a multi award-winning provider of online (Forex) trading services, offering margin FX and metals trading to individuals and institutional clients world-wide.

More features coming next week – stay tuned!

Wish you a profitable trading week,

The Myfxbook team.

5th Trading Contest Registration Opened!

We’re glad to announce that the registration for our 5th trading contest has just opened! 🙂

The prizes are in total of $4,000:

1st place – a $2,500 GO Markets funded account.

2nd place – a $1,000 GO Markets funded account.

3rd place – a $500 GO Markets funded account.

The accounts start with a $50,000 balance and a leverage of 100:1, so you should have plenty of margin to trade your way to the top! 🙂

To register, please go here: https://www.myfxbook.com/contests/trading-championship-september-2011/5/rules

Wish you a great trading week,

The Myfxbook team.

Updates And Features

We have several updates and features pushed out in this version update, several of which are to match our statistics to industry standards as asked by our members on a constant basis – it took us a while to complete this task, as it required a large change in our calculations.

So what has been changed?

Gain formula – there is a slight change in the gain formula – it is now time weighted, as required by the Global Investment Performance Standards (or in short “GIPS”) published by the CFA institute. It now represents a value of a dollar which was compounded since the inception of the system.

Monthly change – the monthly change is no longer cumulative, but absolute, so it now shows the change per month based on the balance change during that month.

Monthly metrics now include 3 more metrics:

Pips:

Profit:

and lots:

*The new metrics will become available after the next update of your account.

There is a new section waiting to be released next week, which should be very handy in your trading! Stay tuned!

Wish you a profitable week!

Regards,

The Myfxbook team.

4th Contest Winners Announced!

It’s been a very intense month of trading for our competitors – the competition was fierce and the winners came out very close to each other.

The winners of this contest are:

1st place, $3,000 funded FXCM account – FullFX (3441.43%).

2nd place, $2,000 funded FXCM account – songpobj (3123.79%).

Winners, you will be contacted by FXCM to claim your prizes.

We would like to thank all of the competitors for participating. We are getting ready to launch our next contest next week, so get ready! 🙂

Have a great week!

The Myfxbook team.