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Understanding Pipsbook Statistic
| Author: FXOptimax Support Reference Number: AA-00248 Views: 4358 Created: 2013-02-20 03:54 Last Updated: 2013-02-20 03:54 |
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To understand Pipsbook statistic better, please read the following explanation on each parameter. | Parameter | Explanation |
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| Profit | The all time total amount of profit earned (in pip) | | Open Position(s) | The total floating pip from all currently opened orders | | Live Balance | The total amount of fund following this leader, including leader's account | | Total Trades | The total number of trades have been made | | Average Pips/Trade | The average pips earned from each trade, calculated by comparing the total profit to the total trades | | Winning % | The percentage of winning trades compared to the overall total trades | | Maximum Position(s) | The highest number of opened orders in a same time | | Days | The total number of days the leader has joined FXOptimax Pipsbook | | TWROR Profit | The profit percentage calculated daily, prior to the daily equity | | Absolute Profit | The all time profit percentage, calculated prior to the present total balance | | Average Pips/Month | The average pips earned monthly | | Average Trades/Month | The average trades done monthly | | Maximum Drawdown | The biggest loss in pips, compared to the total balance when the loss occurred | | Followers | The number of investors following this leader | | Minimum Required Margin | The estimated minimum required margin to follow this leader, calculated from the past performance | | Annual ROI | The annualized rate of return expected, calculated based on past performance | | Score | Pipsbook scoring system measures multiple statistical aspect, including the opened orders --- higher score reflects better performance |
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