Cancel signal trades on AutoTrade?
Feb 09, 2017 at 08:31
550 Views
7 Replies
Feb 09, 2017 at 08:31
(edited Feb 08, 2017 at 14:24)
Sometimes I find myself wanting to get out of a certain position that was opened on AutoTrade, to save my money. But... Maybe the robot knows better than me. Sometimes after closing a position with a small profit, the rest of my orders go into a big negative P/L. Do you think it's better not to close any of my signals' trades?
Feb 13, 2017 at 16:11
Hello BonRouge, I am not an expert but probably you shouldn’t close your positions. AutoTrade works on a certain algorithm and when you close one of the orders it has to recalculate everything I suppose…
Accept the loss as experience
forex_trader_349609
Member Since Aug 05, 2016
8 posts
Feb 21, 2017 at 07:59
I think for something called 'autotrade' in a way you must rely on this form of trading. Otherwise if you are not sure, then do not opt for it.
forex_trader_384200
Member Since Dec 13, 2016
9 posts
Feb 28, 2017 at 14:42
BonRouge posted:
Sometimes I find myself wanting to get out of a certain position that was opened on AutoTrade, to save my money. But... Maybe the robot knows better than me. Sometimes after closing a position with a small profit, the rest of my orders go into a big negative P/L. Do you think it's better not to close any of my signals' trades?
Hi BonRouge! Maybe it's a bit late to write but I think you should trust this form of trading. You probably do not win in all the shops, I hope the loss is not too significant. Maybe you should know better about the platform you are using for this trade, this way it will be more effective.
forex_trader_384200
Member Since Dec 13, 2016
9 posts
Feb 28, 2017 at 15:33
BonRouge posted:
Thanks for the input. I've decided to just trust the robots. It's going OK.
Success my friend! 😉
Apr 21, 2017 at 05:35
Nice to see that, I have already got your answer there! That’s the power of this community! In my early stage of trading I have learned a lot from this popular community! In addition, right now I am here, for helping novice traders according to my personal trading knowledge and experience!
Jun 07, 2017 at 11:20
AmDiab posted:
Nice to see that, I have already got your answer there! That’s the power of this community! In my early stage of trading I have learned a lot from this popular community! In addition, right now I am here, for helping novice traders according to my personal trading knowledge and experience!
I appreciate your plan on Forex community! By the way, I am interested to know your opinion on fixed trading strategy? 1 more question, what’s the name of your current trading strategy please??
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.
