To use chat, please login.
Back to contacts

Cancel signal trades on AutoTrade?

BonRouge
Feb 09 2017 at 08:31
2 posts
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?

TiffanyK (TiffanyK)
Feb 13 2017 at 16:11
427 posts
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
Michael
pgfritz
Feb 21 2017 at 07:59
8 posts
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.

vellkan
Feb 28 2017 at 14:42
9 posts
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.

BonRouge
Feb 28 2017 at 15:00
2 posts
Thanks for the input. I've decided to just trust the robots. It's going OK.

vellkan
Feb 28 2017 at 15:33
9 posts
BonRouge posted:
Thanks for the input. I've decided to just trust the robots. It's going OK.


Success my friend! 😉

AmDiab
Apr 21 2017 at 05:35
718 posts
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!

AmDiab
Jun 07 2017 at 11:20
718 posts
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??

Please login to comment .