Strategy - Daily Performance Calculation

[shankargv]

Hi Darwinex fellow users, I am new here and would appreciate your thoughts on the Daily Performance Calculation under my strategy.

Since I joined Darwinex 3 days ago, I've taken 10 trades and all of them have been profitable trades. But when I look into my Strategy, the analysis shows my return was negative for one of the days. So I checked with Darwinex support and got to know this.

A day is considered a positive or negative return day based on your Equity and not Balance, which seems fine but they check the Equity only once per day. So even if your trading day was 95% in the green (Equity>Balance) and only 5% in the red (Equity<Balance), and if darwinex connects to your account during this 5% time frame, the day is considered a -ve return day.

This did not sound right to me as you cannot determine a trading day to be +ve or -ve based on one point in time in a whole day.

Some screenshots,

1. See below it says wednesday had a performance of -0.98% but in reality it was a profitable day for me.

1. This screenshot below shows all trades were profitable.

When I checked some amazing Darwins before I joined the platform, I saw them with very good returns but they had many -ve return days than +ve return days, so I did not care to give importance to those Darwins. But now I realize this analysis is misleading and in fact those Darwins could very well had a positive trading day even though the platform displays it as negative days.

I hope my language is clear enough to explain the issue, apologies if not, I am not a native English speaker.

Kindly let me know your thoughts and whether you agree with me or if I got something wrong in my understanding.

Regards,
SGV

[Journalist]

You - and Darwinex's explanation you wrote - are irritating me.

I always thought it covers the result of the day which is only calculated between equity of the day (when Darwinex grabs the data) and equity of the day before and the difference between green and red is only the sum of positive and negative equity differences. Closed trades and balance are not regarded.

Even the number of positive or negative days is not important, but the performance of theses week days:

And here you have a screenshot with more negative days but positive performance:

.

[shankargv]

In your screenshots the performance is not directly related to the +ve or -ve trading days. An ok positive day 5 times with 0.2% return and 2 bad days with 2% loss will give the result that you had more positive days but performance was bad. So I dont consider this an issue.

And what do you mean when you say the info Darwinex and I provided are irritating you? Do you mean the analysis isn't the way you expected it to be and you're upset about it?

[Journalist]

So even if your trading day was 95% in the green (Equity>Balance) and only 5% in the red (Equity<Balance), and if darwinex connects to your account during this 5% time frame, the day is considered a -ve return day.

I think that is not the correct definition.
As I understand it, to make it green is not Equity > Balance as written by you, but Sum of Equity Change in %[all Mondays] > 0) to show a green Monday and the same with all other days of the week.

[NicolasDarwinex]

Hi @shankargv

Trading days is: from 22GMT D-1 to 22GMT today.
It is not related with the fact that trades (individually) are closed profitable or not.

You can close 100% of you trades in profits tomorrow, while your equity 22GMT today is less than your equity yesterday (meaning that your position was in drawdown at the close of the day).

to make it green is not Equity > Balance as written by you, but Sum of Equity Change in %[all Mondays] > 0) to show a green Monday and the same with all other days of the week.

If my English doesn't put me in "default", correct @Journalist!

Hope this helps!

PS: a warm welcome from all the Darwinex team @shankargv!!