Author: Myfxbook

We’re glad to announce the winners of our 7th trading championship:

1st place winning  a $5,000 funded live account –  Contest – airalex with 4438.96%

2nd place winning a $3,000 funded live account – Contest – pyxlik2009 with 2829.33%

3rd place winning a $2,000 funded live account – Contest – abc_forex_ru with 2817.73%

Congratulations winners! It’s been a rough contest so you definitely deserve it! 🙂 You will be contacted by DF Markets to claim your prizes.

We would like to thank all traders who participated in this contest!

Have a great week ahead,

The Myfxbook team.

Join FXstreet.com in Barcelona for the most interactive Forex event of the year, with world-class experts and educators. In a small set of maximum 70 attendees, the 5th edition of this forex educational event is made of Key Note Sessions and Live Trading side-by-side with the guest speakers: Richard Olsen, David Pegler, Walter Peters, Ed Ponsi, Steve Ward and Ron William.
Visit our website for more information!

Thanks to Myfxbook you can attend the ITC for 650€ instead of 800€!
To enjoy this 150€ discount, you have to register through this page before April 30th and apply our coupon code: cc_myfxbook

We’re excited to unveil a very useful feature – the trade browser!

Browsing through your trades (or of others) can be done either by:

(1) going to the browser tab in the trading window to view all trades at once

(2) clicking on a specific trade in the trading activity to view it

You can browse your trades in over 30 different symbols in 8 different timeframes! You will be able to see the exact entry and exit points in the chart, along with the trade’s data when hovering over the trade’s event or clicking it to lock the tooltip (it will even include your trade comments and attachments for easy review):

Also, you’re able to save screenshots of your trades, just as they’re seen in the browser tab.

As always, do let us know if you have any feedback, comments, or suggestions.

We’ve also added some minor other features:

– Multiple comment search with custom analysis (up to 5 different comments):

– Gain % for open trades:

Wish you a great week ahead,

The Myfxbook Team.

February’s trading contest has ended a few days ago and now it’s time to announce the winners:

1st place winning a $2,500 real funded account – aliezzat with 5254.37% https://www.myfxbook.com/members/aliezzat/contest-aliezzat/226682

2nd place winning a $1,000 real funded account – FxProfits24 with 3161.35% https://www.myfxbook.com/members/FxProfits24/contest-fxprofits24/224657

3rd place winning a $500 real funded account – DrVodka with 1780.37% https://www.myfxbook.com/members/DrVodka/contest-drvodka/235155

Winners, you will be contacted by Vantage FX to claim your prizes. Congratulations!

(Since it was not possible to close all open trades at the same moment, winners are based on the equity growth snapshot taken at the end of the contest)

We would like to thank all traders who participated in this contest!

Also, registration for the next trading contest has already begun (with $10,000 in total prizes!), so if you haven’t registered yet,  go ahead and register here.

Wish you a great week ahead,

The Myfxbook team.

We’re excited to announce the next 7th trading contest with the biggest prizes ever in total of $10,000 sponsored by DF Markets! The prizes will be given in the form of a funded account, which you can trade for 3 months. At the end of the 3 months, the prizes will be withdrawn and any profit made will be yours to keep! 🙂

The prizes will be given to the top 3 competitors:

1st Place – a $5,000 funded account.

2nd Place – a $3,000 funded account.

3rd Place  – a $2,000 funded account.

To register, please go here: https://www.myfxbook.com/contests/trading-championship-march-2012/7/rules

All accounts will start with a $100,000 balance and 1:100 leverage.

Please note that due to regulation restrictions on the broker, users from the following countries will not be eligible for prizes (although you can still participate and show off your trading skills! :)): USA, Iraq, Iran, Syria, Cuba, Bolivia, North Korea, Myanmar, Afghanistan, Sri Lanka, Ethiopia.

The winners of the last contest will be announced next week!

Have a great weekend!

The Myfxbook team.

We’re excited to announce a very anticipated and requested change – equity based drawdown.

As you might know, the drawdown calculation up until now was balance based, however that isn’t the most accurate way of measuring drawdown since equity can move drastically while the balance remains the same, hence the requested change.

Along with this change, custom analysis will now calculate the true equity based drawdown, in real time (based on your analysis settings).

Also, not only we’ve changed the drawdown calculation method, but we’ve also added drawdown history which you can notice in a new chart in your system page called “drawdown” – you can now see daily drawdown based on percentage, profit, or pips! These are invaluable metrics in assessing a system’s risk:

As a side note, you’ll notice a a lot less systems in the systems section since many of the systems got filtered out due to the calculation method change (default drawdown setting is 30%).

All accounts are being reprocessed for the new metrics and should complete within an hour.

Have a great week,

The Myfxbook team.

Here’s some interesting data regarding the ongoing contest which is now in its 3rd week:

For the real-time results, please go here https://www.myfxbook.com/contests/trading-championship-february-2012/6

Have a great week,

The Myfxbook team.

We’ve added another useful setting which many of you have requested – possibility to customize viewable columns in trading activity, in your portfolio (click on the ‘more’ button to set it up):

Contest update – the 1 lot limitation was lifted due to the many requests we’ve received.

Spreads comparison engine – we’ve added 15 more brokers to the comparison: Traders Way, FXOptimax, TradeFort, FXDD, FIBO, Sunbird, IamFX, SynergyFX, Easy Forex, GFT Forex, FxSalt, FBS, IKOfx, X-Trade Brokers and FXCC. The comparison now consists of 75 brokers and 53 symbols!

Have a great week!

The Myfxbook team.

We’ve just released a spreads widget allowing you to embed the spreads data in your own website. Simply click the ‘add to your site’ button and use the code shown:

The widget will provide the same real-time data as in Myfxbook.

Moreover, 5 more brokers were added to the spreads comparison: Alapri US, Vantage FX, Gallant Capital Markets, AxiTrader and Ava FX.

As to the contest – we’ve reached almost 1500 competitors – if you haven’t registered yet, please do so now as the registration ends in 9 days.

An important update regarding the trading terms – the maximal order size will be limited to 1 lot.

Have a great week!

The Myfxbook team.

We’re excited to announce the first trading contest for 2012! 🙂

The contest is held from February 1st to February 28th on a demo account – $4000 in total prizes will be given out to the top 3 traders:

1st place – $2,500

2nd place – $1,000

3rd place – $500

Registration has just opened, so hurry up and register!

The contest is sponsored by Vantage FX, an online Forex trading arm of Enfinium Pty Ltd which is authorised and regulated by the AFSL 322081.

Happy Sunday!

The Myfxbook team.