How to read a Myfxbook record without fooling yourself

Drawdown is the deepest fall from a peak before the account recovered. It is the closest thing on the page to what holding the position felt like.

Systematic recorded 20.75%. Roughly a fifth of the account, gone, before it came back. Scalper recorded 3.81%. Those two numbers describe completely different experiences, and they matter more than the gain because the drawdown is what makes people quit at the bottom.

A 100% win rate over eight trades is noise. Multiply the trades per month by the account age shown on the Myfxbook page and you have the real sample. Systematic averages around 64 trades a month, Scalper around 29.

Short history plus a spectacular number is the most common shape of a record that later falls apart.

Open the monthly table and count the red. A record with no losing months has either not run long enough, or is not reporting everything. Red months are the sign that you are looking at something real.

A high win rate can hide a strategy that takes many small wins and occasional very large losses. Read it next to profit factor, which compares total winnings to total losses. Systematic runs a 73% win rate at a profit factor of 1.72; Scalper 79% at 4.57.

Win rate alone tells you how often, never how much.

Verified means Myfxbook reads the account directly and publishes what it finds, so the owner cannot edit the numbers. It does not mean the strategy will keep working, and it does not mean your account will match.