Friday, my BreakON account reached the 20% profit in two months, so I decided to withdraw, halving the capital but keeping the same trade size: effectively doubling the risk.
Today I got a 140 pip loss, but, having halved the capital, the graph shows a cliff:
Today I lost 30 pips less than I lost on 13th december, but at a first glance it looks like I lost the double. Rightly, since the capital is halved compared to a month ago. (If on a 1000 euro account I lose 9 euro, it’s the 0.9%, but if the account is a 100 euro one, I lose the 9%)
In fact, on the profit tab, and on ZuluTrade, the situation is not THAT desperate.
Lesson learned: If you wanna keep a “benchmark” account to show performance on public, DON’T WITHDRAW and DON’T DEPOSIT, otherwise the graph will be distorted.
On the other side, some EA sellers could use this technique to distort the “verified” graph to their profit: if I got a 60 pip win, the graph would look wonderful.