{"id":65921,"date":"2026-02-03T15:06:43","date_gmt":"2026-02-03T07:06:43","guid":{"rendered":"https:\/\/mister.forex\/?page_id=65921"},"modified":"2026-05-05T20:14:09","modified_gmt":"2026-05-05T12:14:09","slug":"trading-performance-review-myfxbook","status":"publish","type":"page","link":"https:\/\/mister.forex\/en\/trading-performance-review-myfxbook\/","title":{"rendered":"Mastering MT5 &amp; Myfxbook Reports: Identifying Trading Blind Spots | Mr.Forex"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"65921\" class=\"elementor elementor-65921\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9daede4 e-flex e-con-boxed e-con e-parent\" data-id=\"9daede4\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0440579 elementor-widget elementor-widget-heading\" data-id=\"0440579\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Master Core MT5 &amp; Myfxbook Data to Uncover the Truth of Your Trading Account<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f739e1 elementor-widget elementor-widget-html\" data-id=\"4f739e1\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\tData doesn't lie. Learn to decode two key reports to identify profit blind spots and hidden risks of ruin.\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08a1893 elementor-widget elementor-widget-html translation-block\" data-id=\"08a1893\" data-element_type=\"widget\" data-widget_type=\"html.default\">Author: <strong>Mr.Forex<\/strong><\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38dc9be elementor-widget elementor-widget-html translation-block\" data-id=\"38dc9be\" data-element_type=\"widget\" data-widget_type=\"html.default\"><span>\n<h2><strong>Foreword: Facing the Truth in the Mirror<\/strong><\/h2>\nThe biggest lie in trading is the memory in our own heads. \"I think I've been doing well lately,\" \"I just had bad luck\"... these are all subjective illusions. Only cold, hard data can tell you the truth.<br><br>\n\nTrue professional traders often spend more time on \"<strong>Review<\/strong>\" than they do on \"Execution.\"<br><br>\n\nThis chapter will teach you how to use two major analytical tools to examine your account in depth:<br><br>\n\n<strong>\ud83d\udcca Analysis 1: MT5 Native Report<\/strong><br><br>\n\n\u2014 For daily and weekly quick health checks.<br><br>\n\n<strong>\ud83d\udcc8 Analysis 2: Myfxbook Third-Party Analysis<\/strong><br><br>\n\n\u2014 For monthly and quarterly deep diagnostics; this is also the resume of your trading career.<br><br>\n\n<h2><strong>Analysis 1: MT5 Native Report \u2014 Quick Health Check<\/strong><\/h2>\n<strong>MT5<\/strong> has a powerful built-in reporting feature that generates detailed statements in seconds without needing a web connection.<br><br>\n\n<h3><strong>1. How to Generate a Report?<\/strong><\/h3>\n<ul>\n  <li>Open <strong>MT5<\/strong> Desktop (or History on the mobile version).<\/li>\n  <li>Right-click on the \"History\" tab in the \"Toolbox\" at the bottom.<\/li>\n  <li>Select \"Report\" &gt;&gt; \"HTML\" or Excel.<\/li>\n  <li>The system will automatically generate a detailed trading statement.<\/li>\n<\/ul>\n<\/span><\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ed62f9 elementor-widget elementor-widget-image\" data-id=\"2ed62f9\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"391\" src=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/how-to-create-mt4-mt5-report-768x391.webp\" class=\"attachment-medium_large size-medium_large wp-image-66007\" alt=\"MT5 desktop interface screenshot showing the steps to generate a trading report: right-click on the &quot;History&quot; tab at the bottom, select &quot;Report,&quot; and then choose &quot;HTML&quot; to export detailed trading data.\" srcset=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/how-to-create-mt4-mt5-report-768x391.webp 768w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/how-to-create-mt4-mt5-report-500x255.webp 500w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/how-to-create-mt4-mt5-report-300x153.webp 300w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/how-to-create-mt4-mt5-report-18x9.webp 18w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/how-to-create-mt4-mt5-report.webp 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13c981e elementor-widget elementor-widget-html translation-block\" data-id=\"13c981e\" data-element_type=\"widget\" data-widget_type=\"html.default\"><span>\n<h3><strong>2. The Only Four Numbers You Need to Understand<\/strong><\/h3>\nReports can be overwhelming, so focus on these four key metrics:\n<\/span><\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c208057 elementor-widget elementor-widget-image\" data-id=\"c208057\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1200\" height=\"321\" src=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/MT5-built-in-reports-explain.webp\" class=\"attachment-full size-full wp-image-66009\" alt=\"MT5 Strategy Tester report example, highlighting four key performance indicators in red: Profit Factor (2.67), Recovery Factor (7.29), Maximal Drawdown (1.26%), and Win Rate of Profit Trades (74.36%).\" srcset=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/MT5-built-in-reports-explain.webp 1200w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/MT5-built-in-reports-explain-500x134.webp 500w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/MT5-built-in-reports-explain-300x80.webp 300w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/MT5-built-in-reports-explain-768x205.webp 768w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/MT5-built-in-reports-explain-18x5.webp 18w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-581de4e elementor-widget elementor-widget-html translation-block\" data-id=\"581de4e\" data-element_type=\"widget\" data-widget_type=\"html.default\"><span>\n<strong>A. Profit Factor \u2014 The Most Critical Indicator<\/strong><br>\n<ul>\n  <li><strong>Location:<\/strong> Middle section of the report.<\/li>\n  <li><strong>Meaning:<\/strong> For every $1 you lose, how many dollars do you earn back?<\/li>\n  <li><strong>Evaluation Standards:<\/strong>\n    <ul>\n      <li>\ud83d\udd34 <strong>&lt; 1.0:<\/strong> The overall account is in a loss.<\/li>\n      <li>\ud83d\udfe1 <strong>1.0 ~ 1.5:<\/strong> Barely passing; profits aren't enough to offset potential risks.<\/li>\n      <li>\ud83d\udfe2 <strong>&gt; 1.5:<\/strong> Strategy performance is healthy; keep it up.<\/li>\n    <\/ul>\n  <\/li>\n<\/ul><br>\n\n<strong>B. Balance Drawdown Maximal \u2014 Mental Resilience<\/strong><br>\n<ul>\n  <li><strong>Meaning:<\/strong> The maximum drop in your account equity from \"peak\" to \"trough.\"<\/li>\n  <li><strong>Evaluation Standards:<\/strong>\n    <ul>\n      <li><strong>Professional Standard (&lt; 10%):<\/strong> This is the entry threshold for hedge funds and <strong>Prop Firms<\/strong>.<\/li>\n      <li><strong>General Standard (20% ~ 30%):<\/strong> For beginner traders, this is a warning line. If losses exceed 30%, you need a 43% gain just to break even\u2014the difficulty increases exponentially.<\/li>\n    <\/ul>\n  <\/li>\n<\/ul><br>\n\n<strong>C. Profit Trades % \u2014 Balancing Win Rate and Risk-Reward Ratio<\/strong><br>\nA higher win rate isn't always better; it depends on your <strong>\"Strategy Profile\"<\/strong>:<br>\n<ul>\n  <li><strong>\ud83c\udf0a Trend Trading:<\/strong>\n    <ul>\n      <li><strong>Characteristics:<\/strong> <strong>Lower win rate (35% ~ 50%)<\/strong>, but one win covers more than two losses (Risk-Reward 1:2 or higher).<\/li>\n      <li><strong>Diagnosis:<\/strong> A 40% win rate is normal as long as you ensure you \"let your winners run and cut your losses short.\"<\/li>\n    <\/ul>\n  <\/li>\n  <li><strong>\u26a1 Scalping\/Range Trading:<\/strong>\n    <ul>\n      <li><strong>Characteristics:<\/strong> <strong>Higher win rate (60% ~ 70%+)<\/strong>, but profits and losses often offset each other (Risk-Reward 1:1 or lower).<\/li>\n      <li><strong>Diagnosis:<\/strong> If you scalp with a win rate below 50%, your account will gradually shrink due to trading costs.<\/li>\n    <\/ul>\n  <\/li>\n<\/ul><br>\n\n<strong>D. \ud83c\udfc5 Advanced Metric: Recovery Factor \u2014 Strategy Resilience<\/strong><br>\nThere is a highly valuable but often overlooked number in your report.<br><br>\n\n<strong>Definition &amp; Formula:<\/strong><br>\n<code>Recovery Factor = Total Net Profit \u00f7 Maximal Drawdown<\/code><br><br>\n\n<strong>What does it represent?<\/strong><br>\nIf you view a drawdown as an injury on the battlefield, this metric represents your <strong>\"self-healing ability.\"<\/strong><br>\nIt tells us: <strong>\"For every $1 of risk you took, how much profit did you ultimately bring home?\"<\/strong><br><br>\n\n<strong>\ud83d\udcca Scoring Standards (Reference Values):<\/strong><br>\nNote that there is no absolute standard; it varies by <strong>strategy type<\/strong>:<br>\n<ul>\n  <li>\ud83d\udd34 <strong>&lt; 1.0:<\/strong> <strong>Warning.<\/strong> You aren't even earning back what you previously lost.<\/li>\n  <li>\ud83d\udfe1 <strong>1.0 ~ 3.0:<\/strong> <strong>Stable.<\/strong> This is the normal range for most <strong>\"Trend Trading\"<\/strong> strategies, as capturing big trends requires enduring pullbacks (larger denominator).<\/li>\n  <li>\ud83d\udfe2 <strong>&gt; 3.0:<\/strong> <strong>Excellent.<\/strong> Profitability far exceeds the risk taken.<\/li>\n<\/ul><br>\n\n<strong>\u26a0\ufe0f Important Concept: Don't Just Look at the Numbers<\/strong><br>\nA high Recovery Factor (e.g., &gt; 10) isn't always good; look at the source:<br>\n<ul>\n  <li><strong>\u2705 True Skill:<\/strong> Strict stop-losses, steady profit accumulation, and minimal drawdown \ud83d\udc49 This is a pro.<\/li>\n  <li><strong>\u274c Illusion:<\/strong> <strong>Holding losing trades (Bag-holding)<\/strong>. Because trades aren't closed, \"Balance Drawdown\" shows as 0, resulting in an infinite Recovery Factor. These accounts usually blow up during a single strong market trend.<\/li>\n<\/ul><br>\n\n<h2><strong>Analysis 2: Myfxbook \u2014 The Deep Diagnostic Report<\/strong><\/h2>\n<strong>MT5<\/strong> reports are for your eyes; <strong>Myfxbook<\/strong> is your professional business card for the world.<br><br>\n\nIt is an authoritative third-party website that reads your account data and transforms it into professional analytical charts.\n<\/span><\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0d269cf elementor-list-item-link-inline elementor-icon-list--layout-traditional elementor-widget elementor-widget-icon-list\" data-id=\"0d269cf\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.myfxbook.com\/\" target=\"_blank\" rel=\"nofollow noopener\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-check-circle\" viewbox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119.033 8 8 119.033 8 256s111.033 248 248 248 248-111.033 248-248S392.967 8 256 8zm0 48c110.532 0 200 89.451 200 200 0 110.532-89.451 200-200 200-110.532 0-200-89.451-200-200 0-110.532 89.451-200 200-200m140.204 130.267l-22.536-22.718c-4.667-4.705-12.265-4.736-16.97-.068L215.346 303.697l-59.792-60.277c-4.667-4.705-12.265-4.736-16.97-.069l-22.719 22.536c-4.705 4.667-4.736 12.265-.068 16.971l90.781 91.516c4.667 4.705 12.265 4.736 16.97.068l172.589-171.204c4.704-4.668 4.734-12.266.067-16.971z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Myfxbook Official Website<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ebd7da3 elementor-widget elementor-widget-html translation-block\" data-id=\"ebd7da3\" data-element_type=\"widget\" data-widget_type=\"html.default\"><span>\n<h3><strong>Why Use Myfxbook?<\/strong><\/h3>\n<strong>Tamper-proof:<\/strong> It verifies that trading records are authentic (Verified), providing credibility that cannot be faked.<br>\n<strong>Deep Data:<\/strong> It tells you things <strong>MT5<\/strong> doesn't (e.g., Which day of the week do you lose the most? How long should you hold a trade to be most profitable?).\n<\/span><\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed5fe9f elementor-list-item-link-inline elementor-icon-list--layout-traditional elementor-widget elementor-widget-icon-list\" data-id=\"ed5fe9f\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/mister.forex\/en\/myfxbook-tutorial-verify-account\/\" target=\"_blank\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-check-circle\" viewbox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119.033 8 8 119.033 8 256s111.033 248 248 248 248-111.033 248-248S392.967 8 256 8zm0 48c110.532 0 200 89.451 200 200 0 110.532-89.451 200-200 200-110.532 0-200-89.451-200-200 0-110.532 89.451-200 200-200m140.204 130.267l-22.536-22.718c-4.667-4.705-12.265-4.736-16.97-.068L215.346 303.697l-59.792-60.277c-4.667-4.705-12.265-4.736-16.97-.069l-22.719 22.536c-4.705 4.667-4.736 12.265-.068 16.971l90.781 91.516c4.667 4.705 12.265 4.736 16.97.068l172.589-171.204c4.704-4.668 4.734-12.266.067-16.971z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Myfxbook Beginner's Guide: How to Verify and Track Your Trading Account<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f7860b elementor-icon-list--layout-inline elementor-list-item-link-inline elementor-widget elementor-widget-icon-list\" data-id=\"0f7860b\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/mister.forex\/en\/optimize-forex-strategy-myfxbook-data\/\" target=\"_blank\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-check-circle\" viewbox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119.033 8 8 119.033 8 256s111.033 248 248 248 248-111.033 248-248S392.967 8 256 8zm0 48c110.532 0 200 89.451 200 200 0 110.532-89.451 200-200 200-110.532 0-200-89.451-200-200 0-110.532 89.451-200 200-200m140.204 130.267l-22.536-22.718c-4.667-4.705-12.265-4.736-16.97-.068L215.346 303.697l-59.792-60.277c-4.667-4.705-12.265-4.736-16.97-.069l-22.719 22.536c-4.705 4.667-4.736 12.265-.068 16.971l90.781 91.516c4.667 4.705 12.265 4.736 16.97.068l172.589-171.204c4.704-4.668 4.734-12.266.067-16.971z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Myfxbook Tutorial: Boost Forex Profits with Expectancy &amp; Risk-Reward<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a982957 elementor-widget elementor-widget-html translation-block\" data-id=\"a982957\" data-element_type=\"widget\" data-widget_type=\"html.default\"><span>\n<h3><strong>1. Linking Your Account (Crucial Security Step)<\/strong><\/h3>\nTo showcase your performance on <strong>Myfxbook<\/strong>, you need to provide \"read-only access.\"<br><br>\n\n<strong>\ud83d\udd11 Investor Password:<\/strong><br>\nThis is a special <strong>MT5<\/strong> password. Anyone logging in with this password <strong>provides read-only access and prevents any execution or trade modification<\/strong>.<br><br>\n\n<strong>\ud83d\udd12 Security Concept:<\/strong><br>\nNever give your \"<strong>Master Password<\/strong>\" to any website. Providing only the \"<strong>Investor Password<\/strong>\" is completely safe.<br><br>\n\n<h3><strong>2. Interpreting Exclusive Myfxbook Metrics<\/strong><\/h3>\n<strong>\ud83d\udcc9 Risk of Ruin<\/strong><br>\nThis is the most brutal prediction. It calculates the probability of your account hitting zero based on your historical win rate and risk management.\n<\/span><\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c37aee4 elementor-widget elementor-widget-image\" data-id=\"c37aee4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1065\" height=\"179\" src=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-risk-of-ruin.webp\" class=\"attachment-full size-full wp-image-66010\" alt=\"Myfxbook Risk of Ruin table showing the probability of various loss sizes. The chart indicates that the probability of a 10% to 100% loss is less than 0.01%, signifying extremely safe capital management with almost zero risk of blowing the account.\" srcset=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-risk-of-ruin.webp 1065w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-risk-of-ruin-500x84.webp 500w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-risk-of-ruin-300x50.webp 300w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-risk-of-ruin-768x129.webp 768w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-risk-of-ruin-18x3.webp 18w\" sizes=\"(max-width: 1065px) 100vw, 1065px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c3ed5c elementor-widget elementor-widget-html translation-block\" data-id=\"4c3ed5c\" data-element_type=\"widget\" data-widget_type=\"html.default\"><span>\n<strong>How to Read This Table?<\/strong><br>\n<ul>\n  <li><strong>Loss Size:<\/strong> The top of the table lists potential losses from 10% to 100%.<\/li>\n  <li><strong>Probability of Loss:<\/strong> The percentage corresponding below.<\/li>\n  <li><strong>Example Interpretation:<\/strong>\n    <ul>\n      <li>If the number under \"100% (Loss Size)\" is <strong>&lt; 0.01%<\/strong> \ud83d\udc49 Congratulations, based on your current method, it's virtually impossible to blow your account.<\/li>\n      <li>If the number under \"100%\" is <strong>99.99%<\/strong> \ud83d\udc49 Warning: mathematics tells us you will eventually lose everything.<\/li>\n    <\/ul>\n  <\/li>\n<\/ul><br>\n\n<strong>\ud83d\udd52 Hourly\/Daily Analysis<\/strong><br>\nThis chart shows which specific hours of the day or days of the week are your most profitable or most disastrous.<br>\n<strong>Application:<\/strong> If data shows you always lose money during the \"Asian Session (08:00-14:00),\" simply avoid trading then. This single adjustment can significantly boost your overall performance.\n<\/span><\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f15f5fc elementor-widget elementor-widget-image\" data-id=\"f15f5fc\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"774\" height=\"657\" src=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-hourly-and-daily.webp\" class=\"attachment-full size-full wp-image-66011\" alt=\"Myfxbook advanced statistics chart featuring &quot;Hourly&quot; and &quot;Daily&quot; profit\/loss bar graphs. Green represents profitable trades and purple represents losing trades, helping traders identify their peak performance times.\" srcset=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-hourly-and-daily.webp 774w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-hourly-and-daily-500x424.webp 500w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-hourly-and-daily-300x255.webp 300w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-hourly-and-daily-768x652.webp 768w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-hourly-and-daily-14x12.webp 14w\" sizes=\"(max-width: 774px) 100vw, 774px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8b16aac elementor-widget elementor-widget-html translation-block\" data-id=\"8b16aac\" data-element_type=\"widget\" data-widget_type=\"html.default\"><span>\n<strong>\u23f3 Duration<\/strong><br>\nAnalyze how long you typically hold winning trades versus losing trades.<br>\n<strong>Typical Amateur Trait:<\/strong> Cutting profits in minutes (unable to hold) while holding losses for days (hoping for a turnaround). Data reveals your true psychological state.\n<\/span><\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2929116 elementor-widget elementor-widget-image\" data-id=\"2929116\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"857\" height=\"381\" src=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-duration.webp\" class=\"attachment-full size-full wp-image-66012\" alt=\"Myfxbook Duration scatter plot analysis. Green dots represent profitable trades; pink dots represent losing trades. This chart is used to examine whether a trader tends to &quot;hold losses too long&quot; or &quot;close winners too early&quot; to correct their trading mindset.\" srcset=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-duration.webp 857w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-duration-500x222.webp 500w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-duration-300x133.webp 300w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-duration-768x341.webp 768w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-statistics-duration-18x8.webp 18w\" sizes=\"(max-width: 857px) 100vw, 857px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e1f7e1b elementor-widget elementor-widget-html translation-block\" data-id=\"e1f7e1b\" data-element_type=\"widget\" data-widget_type=\"html.default\"><span>\n<h3><strong>3. Privacy &amp; Display<\/strong><\/h3>\nOnce you link <strong>Myfxbook<\/strong>, you can choose how much information to make public. This is usually based on two considerations:<br><br>\n\n<ul>\n  <li><strong>Scam Prevention:<\/strong> Hide your <strong>Balance<\/strong> and <strong>Lots<\/strong>. Don't let strangers know your exact net worth to avoid being targeted by scammers.<\/li><br>\n  <li><strong>Copy Prevention:<\/strong> Hide <strong>Open Trades<\/strong>. If you don't want others to copy your entries for free, set this option to private.<\/li>\n<\/ul>\n<\/span><\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1456ac2 elementor-widget elementor-widget-image\" data-id=\"1456ac2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"853\" height=\"491\" src=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-permissions-for-privacy-and-demonstration.webp\" class=\"attachment-full size-full wp-image-66013\" alt=\"Screenshot of Myfxbook Permissions page, showing how to set specific data to &quot;Private&quot; or &quot;Public.&quot; The example demonstrates hiding trade history to protect privacy and prevent others from copying trades.\" srcset=\"https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-permissions-for-privacy-and-demonstration.webp 853w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-permissions-for-privacy-and-demonstration-500x288.webp 500w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-permissions-for-privacy-and-demonstration-300x173.webp 300w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-permissions-for-privacy-and-demonstration-768x442.webp 768w, https:\/\/mister.forex\/wp-content\/uploads\/2026\/02\/myfxbook-permissions-for-privacy-and-demonstration-18x10.webp 18w\" sizes=\"(max-width: 853px) 100vw, 853px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-895faf8 elementor-widget elementor-widget-html translation-block\" data-id=\"895faf8\" data-element_type=\"widget\" data-widget_type=\"html.default\"><span>\n<h2><strong>Conclusion: Your Mirror and Your Ticket to Going Pro<\/strong><\/h2>\nTrading is a lonely road. There\u2019s no boss watching over your performance\u2014only you.<br><br>\n\nMake these a habit:<br><br>\n\n<ol>\n  <li><strong>After Daily Close:<\/strong> Check your <strong>MT5<\/strong> report for balance and floating P\/L.<\/li><br>\n  <li><strong>At Month-End:<\/strong> Open <strong>Myfxbook<\/strong> and examine your Profit Factor and error patterns like a doctor reviewing an X-ray.<\/li>\n<\/ol><br>\n\nIf the data looks bad, don't be discouraged. It means you\u2019ve found room for improvement. Fix it, and you'll be stronger next month.<br><br>\n\n<h3><strong>\ud83e\udd14 The Next Real-World Question:<\/strong><\/h3>\nOnce you've used this method to stabilize your Profit Factor and control your drawdown, you might face a new frustration:<br><br>\n\n\"My skills have improved, but I only have $1,000 in capital. Even at 5% a month, that's only $50. How long will this take?\"<br><br>\n\nDon't worry\u2014this is the final piece of our fundamental series. The \"beautiful data\" you now possess is actually very valuable.<br><br>\n\nPlease open the final chapter: <strong>Mr.Forex<\/strong> will show you how to use your skills to gain the opportunity to manage $100,000 in assets.\n<\/span><\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-867e5eb elementor-icon-list--layout-inline elementor-list-item-link-inline elementor-widget elementor-widget-icon-list\" data-id=\"867e5eb\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/mister.forex\/en\/prop-firm-trading-guide-get-funded\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-check-circle\" viewbox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119.033 8 8 119.033 8 256s111.033 248 248 248 248-111.033 248-248S392.967 8 256 8zm0 48c110.532 0 200 89.451 200 200 0 110.532-89.451 200-200 200-110.532 0-200-89.451-200-200 0-110.532 89.451-200 200-200m140.204 130.267l-22.536-22.718c-4.667-4.705-12.265-4.736-16.97-.068L215.346 303.697l-59.792-60.277c-4.667-4.705-12.265-4.736-16.97-.069l-22.719 22.536c-4.705 4.667-4.736 12.265-.068 16.971l90.781 91.516c4.667 4.705 12.265 4.736 16.97.068l172.589-171.204c4.704-4.668 4.734-12.266.067-16.971z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Inside the Prop Firm Model: Directly Monetize Your Trading Skills<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Data doesn't lie. Mr.Forex teaches you how to decode two critical reports: MT5 Native Reports and Myfxbook. By analyzing Profit Factor, Max Drawdown, and Risk of Ruin, you can pinpoint trading blind spots and stop being a \"gut-feeling\" trader.<\/p>","protected":false},"author":1,"featured_media":65987,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"tags":[128],"class_list":["post-65921","page","type-page","status-publish","has-post-thumbnail","hentry","tag-no-google"],"_links":{"self":[{"href":"https:\/\/mister.forex\/en\/wp-json\/wp\/v2\/pages\/65921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mister.forex\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mister.forex\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mister.forex\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mister.forex\/en\/wp-json\/wp\/v2\/comments?post=65921"}],"version-history":[{"count":39,"href":"https:\/\/mister.forex\/en\/wp-json\/wp\/v2\/pages\/65921\/revisions"}],"predecessor-version":[{"id":71255,"href":"https:\/\/mister.forex\/en\/wp-json\/wp\/v2\/pages\/65921\/revisions\/71255"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mister.forex\/en\/wp-json\/wp\/v2\/media\/65987"}],"wp:attachment":[{"href":"https:\/\/mister.forex\/en\/wp-json\/wp\/v2\/media?parent=65921"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mister.forex\/en\/wp-json\/wp\/v2\/tags?post=65921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}