Important update: Rankings have a better way to sort the top performing traders
We are continuously analyzing the trading performance of the OpenBook ecosystem, in order to improve the way we rank our users.
We’ve noticed that “Winning Ratio” is not telling the “whole story”, as it’s only based on the closed positions.
Here is an example: A user who closed 20 profitable trades out of 20 closed positions will show “100% win ratio”. But this user might also have 10 more open trades with a very high “unrealized” loss, and “win ratio” can’t reflect this important data at all.
Therefore, we are happy to introduce a new parameter which will help us to rank our users much better.
We call it: “Profitable Days Ratio”
This is a ratio (in percentage) of total “profitable days” divided by total days in the chosen time period.
What is a “profitable day”?
We store for every user his total equity at the beginning and at the end of each day. (Total equity includes available balance, invested amounts, and unrealized P&L).
When a daily closing equity is higher than a daily opening equity, this day is considered as “profitable”.
You are all invited to check the new rankings.
Hi eToro Team, i like some future need to openbook. - Search Real Trader by Country. - Adjust Stop Loss and Take Profit Rate in OpenTrades Section.and create new Trade Order. - Delete and Mark Spam function in Comment Section. - a Trader Info Page for write trader herself.t - Send Personal Massage to Trader and User. trader can let her strategy to copier. - Chat with other Trader and Friend via Openboork. likely facebook. - Weekly Challenge. ( Monthly Challenge is took long days. you can do it a weekly challenge with totally 2000 USD Price. when you'll coast 8000-10000 usd per month.) all traders get very interesting. - a Mobile Version of Openbook. - and more Thanks -Rafas Mohamed
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