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Trading manually on Auto Trade
Členem od Oct 24, 2016
3 příspěvků
Nov 16, 2016 at 07:42
Členem od Oct 24, 2016
3 příspěvků
1. If I have a forex account linked with, and copying, a myfxbook auto trade trader, and I choose to also trade my own separate manual trades on that same account, will a 0.5 pip commission be deducted from my own (successful, winning) manual trades and paid to the Auto Trade provider, even though those winning trades weren't copied from the auto trade provider?
2. If the 0.5 commission is deducted from my own successful trades, is there any way of disabling that for my own manual trades in any way?
thanks
2. If the 0.5 commission is deducted from my own successful trades, is there any way of disabling that for my own manual trades in any way?
thanks
Členem od Feb 12, 2016
427 příspěvků
Nov 16, 2016 at 15:51
Členem od Feb 12, 2016
427 příspěvků
Regarding question 1 – I think this 0.5 pip commission should not apply to your own manual trades. Because the auto trader is not helping you with anything there.
About question 2 – I don’t know how you can disable this deductions, but you should somehow do it, it is not fair :)
About question 2 – I don’t know how you can disable this deductions, but you should somehow do it, it is not fair :)
Accept the loss as experience
Členem od Aug 17, 2021
94 příspěvků
Oct 30, 2021 at 13:08
Členem od Aug 17, 2021
94 příspěvků
Proponents of automated trading argue that this method is superior since it takes irrational human behavior out of the equation. Automated trading is also based on rules and statistics, whereas manual trading may be based more on emotion.
Členem od Jul 23, 2020
869 příspěvků
Nov 06, 2021 at 15:48
Členem od Jul 23, 2020
869 příspěvků
Is this provider good? How much do they charge?
Členem od Mar 17, 2021
536 příspěvků
Nov 06, 2021 at 17:34
Členem od Mar 17, 2021
536 příspěvků
FredJones posted:I agree with you. Manual trading is better than automatic trading.
As a beginner in forex, I would like to know if trading manually on Auto trade is good and what its advantages are for beginners?
Členem od Jan 13, 2021
52 příspěvků
Nov 08, 2021 at 16:27
Členem od Jan 13, 2021
52 příspěvků
riddelln posted:I personally think it gets messy and best to keep separate. You’ll be better positioned to see what’s working and what isnt
1. If I have a forex account linked with, and copying, a myfxbook auto trade trader, and I choose to also trade my own separate manual trades on that same account, will a 0.5 pip commission be deducted from my own (successful, winning) manual trades and paid to the Auto Trade provider, even though those winning trades weren't copied from the auto trade provider?
2. If the 0.5 commission is deducted from my own successful trades, is there any way of disabling that for my own manual trades in any way?
thanks
Členem od Jul 23, 2020
759 příspěvků
Nov 08, 2021 at 17:06
Členem od Jul 23, 2020
759 příspěvků
Is auto trade good? What kind of services do they provide?
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