Myfxbook Autotrade

Mar 06, 2013 at 06:51
53,967 Views
943 Replies
Simonevet2013
forex_trader_165679
Member Since Dec 02, 2013   4 posts
Jan 07, 2014 at 21:47
Hello everyone,
So if we see the past performances of the robot rank 4, we can have 1/3 of the profit in a real accaunt at most. There is a big difference beetwin the demo and real accaunt. If we consider all the costs the real profit is very low comparing to the demo results.
When we win, we win less, when we lose, we lose more,
I think that investing on this system can give a return of 10-20% per year, if everything goes in the best way.

What do you think about my considerations?
I would like to invest more money but I am not sure that there will be a real gain.

Thank you for any advices,
best regards,
Simone Piricò
Rome Italy
Member Since Dec 07, 2013   22 posts
Jan 08, 2014 at 07:29
8888 posted:
Please, read the answer of Myfxbook on this post, maybe the answer of your question is there:

'Nick, absolutely – it is simply because AutoTrade copies trades to your account only when the price is in your favor (negative slippage no more than 3 pips).'

Ref:

https://blog.myfxbook.com/2013/10/07/autotrade-slippage-metrics-autocomplete-search/

As there are already stats on broker spreads, why not include average myfxbook spreads for each broker.

Also demo accounts do not account for delay between autotrade and a particular broker.
Why not open a demo on a broker of the traders choice, so he can test performance before risking capital.
SwissManagement
forex_trader_150670
Member Since Sep 12, 2013   110 posts
Jan 08, 2014 at 22:01
I have question. It's possible to be provider for auto trade with hotforex broker ?
Member Since Dec 02, 2013   19 posts
Jan 09, 2014 at 07:00
Hello Swiss Management,

Please have a look on this page:

https://www.myfxbook.com/autotrade/faq

And click on the 'Check Accounts' button in the green box at the bottom of the page just after:

'Check if my trading accounts are eligible'

Nice results on your Myfxbook page:

https://www.myfxbook.com/members/SwissManagement/pamm-hotforex/695548

However, I prefer be able to see the 'Open Trades', 'Open Orders', 'History' and 'Exposure'.

You know, private data on these fields can be a BIG scam like Konstantin Kondakov could be a beautiful one:

https://www.myfxbook.com/members/Kondakov
Member Since Dec 02, 2013   19 posts
Jan 09, 2014 at 07:00
However there are a lot of negative results on your page.

61% of your results are negative up to an abysmal depth of -308.5% :'-[

Here we don't want/need to play with a casino slot machine.
Member Since Jan 04, 2014   1 posts
Jan 09, 2014 at 21:00
How could i see the autotraders profile and the trading systems mini blog?
SwissManagement
forex_trader_150670
Member Since Sep 12, 2013   110 posts
Jan 09, 2014 at 21:01
Thank you for your answer @8888 .
I'm not scammer. My account is verified.....
Member Since Dec 02, 2013   19 posts
Jan 10, 2014 at 12:14
Why hide your data?

Why choose a name 'Swiss Management' that gives so many results when joined with 'scam'?

Please try this search in Google:

'Swiss Management' scam

Or this one too:

'Swiss Management' scam forex
Member Since Feb 22, 2011   4862 posts
Jan 10, 2014 at 13:25
8888 posted:
Hello Swiss Management,

Please have a look on this page:

https://www.myfxbook.com/autotrade/faq

And click on the 'Check Accounts' button in the green box at the bottom of the page just after:

'Check if my trading accounts are eligible'

Nice results on your Myfxbook page:

https://www.myfxbook.com/members/SwissManagement/pamm-hotforex/695548

However, I prefer be able to see the 'Open Trades', 'Open Orders', 'History' and 'Exposure'.

You know, private data on these fields can be a BIG scam like Konstantin Kondakov could be a beautiful one:

https://www.myfxbook.com/members/Kondakov

Hi 8888,

why do you think Kondakov is a scam?

The results are pretty average - it did just run long term, and obviously it is scalper taking small profits - couple of pips with huge trade sizes.
Monthly: 6.78%
Drawdown: 28.41%
SwissManagement
forex_trader_150670
Member Since Sep 12, 2013   110 posts
Jan 10, 2014 at 19:36
8888 posted:
Why hide your data?

Why choose a name 'Swiss Management' that gives so many results when joined with 'scam'?

Please try this search in Google:

'Swiss Management' scam

Or this one too:

'Swiss Management' scam forex
Sorry but i'm not this 'swiss management'.

Why this name ? Because i work with my team in switzerland.
If you have any questions ask me.
Member Since Dec 02, 2013   19 posts
Jan 11, 2014 at 11:30
Nota Bene:

I don't think, I just read what the others write about Konstantin Kondakov. So, Konstantin Kondakov COULD BE a beautiful scam.

Please, read this thread:

https://www.myfxbook.com/members/Kondakov

And read this thread too:

https://www.realscam.com/f8/mmcis-investments-mmcis-investments-com-2183/
Member Since Dec 02, 2013   19 posts
Jan 11, 2014 at 11:30
Hello Swiss Management,

Where is your own business website?

Where is your own business data?

Are you regulated by the Swiss authorities or by any Swiss bank?
SwissManagement
forex_trader_150670
Member Since Sep 12, 2013   110 posts
Jan 11, 2014 at 13:51
We are working with pictet in Geneva.
Member Since Dec 07, 2013   34 posts
Jan 12, 2014 at 22:06
I'm thinking of opening an account autotrade IRON myfxbook with FX for consegir bonus of 60%.
You work with this brookers? Is it dangerous? How it works?
Greetings and good luck with the trading
Member Since Sep 05, 2013   2 posts
Jan 13, 2014 at 07:31
KOMAN posted:
I'm thinking of opening an account autotrade IRON myfxbook with FX for consegir bonus of 60%.
You work with this brookers? Is it dangerous? How it works?
Greetings and good luck with the trading
Hello
I'm used Iron Fx some years. It's excellent broker, but Iron Fx has Sirix web trader, not myfxbook autotrade.
Member Since Dec 02, 2013   19 posts
Jan 13, 2014 at 07:32
Are you sure IronFX is a Myfxbook AutoTrade broker?

I think it is only an advertiser, right?

Please, contact their support to be sure!
Member Since Dec 07, 2013   34 posts
Jan 13, 2014 at 08:40
8888 posted:
Are you sure IronFX is a Myfxbook AutoTrade broker?

I think it is only an advertiser, right?

Please, contact their support to be sure!

True, IRON FX does not operate in myfxbook.
You can advise one brooker for autotrade platforma
Member Since Aug 21, 2012   47 posts
Jan 20, 2014 at 18:23 (edited Jan 20, 2014 at 18:23)
Does anyone know what's going on on AutoTrade today with Stable Growth Strategy and Soliton Falcon? Neither system has been removed from my AutoTrade accounts, but neither system is available on AutoTrade. I presume this is a step before the systems being removed entirely, but I'm just not sure if these systems are still being traded or not on my existing accounts.

I'm not so concerned about Soliton Falcon as it's only on a demo, but I'm trading Stable Growth Strategy live and I'd like to know what's going on there as I have Real Money on the line. My last account activity with Stable Growth Strategy corresponds to the reference account, so I haven't missed out on anything yet.
Member Since Dec 06, 2012   1 posts
Jan 23, 2014 at 11:42
Hi beren,

I was asking myself the same question. I'm just running a demo with SGS, many trades where hang since november....

Intelligence trading
Member Since Aug 21, 2012   47 posts
Jan 23, 2014 at 11:44
Well, it's gone now. What a blood bath. I added it to my live account in December as I was trying to diversify. Now I sure wish I hadn't. That decision cost me 35%.
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