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