Image is everything!

It's very frustrating trying to portray a true picture of my trading that will give Clients a fair and honest view of the risks, the rewards and the timing aspects of Forex trading.

As a manager of other-peoples-money, I am always trying to do the right thing by ALL my clients, but individuals have their own agenda, and try as I might, most of the time I can't convince some of them to see the 'big picture'.  This is especially true when Clients want to take money out when the trades are in a drawdown overall, which is obviously the wrong time to withdraw money because doing so converts UNREALISED losses into REALISED losses.

To see the real effects on both the individual and the manager's position of withdrawals, have a look at OANDA's explanation of 'Reproportioning' in the User Guide for Managers on this URL page:
http://fxtrade.oanda.com/forex_trading/fxmanager/

To make a long story short, Reproportioning creates interim buys and sells to merge or de-merge the Client's money from the 'pool' of managed money.  Only the Client instigating the reproportioning is affected by the re-arrangement of the open trades.  Most Clients don't even know that the trade has changed in any way, but the Client who closes-out can suffer a large loss if this is done at the wrong time.

Why I'm referring to this now is because companies like myfxbook (which I think is doing an excellent service for us all) uses the raw data from brokers like OANDA (and they are also the best in my opinion) to display charts and statistics, and because the interim reproportioning trades are identified the same way as my real trades, the results shown by myfxbook are misleading.  That affects my image!

The following two graphs are from myfxbook, showing the 2 public accounts I manage through OANDA.

I just HAVE to point out that during the last two months or so, I've made 154 actual trades and there has been only one loss, and that was only $0.64 !

In other words, the graphs show big losses that WEREN'T FROM MY TRADING.  As I initially said, it's very frustrating ...