Myfxbook Autotrade

Mar 06, 2013 at 06:51
53,437 Views
943 Replies
Member Since Feb 22, 2011   4862 posts
Dec 13, 2016 at 11:23
andyjen posted:
togr posted:
I did with this portfolio
https://www.myfxbook.com/members/togr/brest/1760977


Yes but that's a demo account

If that was a Live account then it would be a different matter

Why?
Member Since Jun 03, 2015   14 posts
Dec 13, 2016 at 11:23
Well, even if its demo, I cant see whom all u subscribed.
Trade for Life
Member Since Jun 03, 2015   14 posts
Dec 13, 2016 at 11:23
Anyone who earned in real account ?
Trade for Life
Member Since Sep 01, 2016   17 posts
Dec 13, 2016 at 13:46
togr posted:
andyjen posted:
togr posted:
I did with this portfolio
https://www.myfxbook.com/members/togr/brest/1760977


Yes but that's a demo account

If that was a Live account then it would be a different matter

Why?

for a long list of reasons

different spread, slippage, poor fills, etc.

trust me

what you get in your demo will be nowhere near your real results
Member Since Jun 03, 2014   58 posts
Dec 15, 2016 at 17:25
andyjen posted:
togr posted:
andyjen posted:
togr posted:
I did with this portfolio
https://www.myfxbook.com/members/togr/brest/1760977


Yes but that's a demo account

If that was a Live account then it would be a different matter

Why?

for a long list of reasons

different spread, slippage, poor fills, etc.

trust me

what you get in your demo will be nowhere near your real results


What sense do these results have in Demo if they are far from what would be real results?
Member Since Feb 22, 2011   4862 posts
Dec 16, 2016 at 08:42
andyjen posted:
togr posted:
andyjen posted:
togr posted:
I did with this portfolio
https://www.myfxbook.com/members/togr/brest/1760977


Yes but that's a demo account

If that was a Live account then it would be a different matter

Why?

for a long list of reasons

different spread, slippage, poor fills, etc.

trust me

what you get in your demo will be nowhere near your real results

you can always copy demo to real, with good broker the diff is small
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Dec 16, 2016 at 08:53
autotrade is great,
the only thing, i'd like is to be able to differenciate between live money acc suscribers and demo,acc suscribers,now we have no way to know do we?
Member Since Sep 01, 2016   17 posts
Dec 16, 2016 at 09:17
Ok I'll give you benefit of doubt

Have you got a link to your live account that shows the same % gain
Member Since Sep 01, 2016   17 posts
Dec 16, 2016 at 09:17
Also, how do you propose to copy the trades from demo to a live account. Manually?
Member Since Feb 22, 2011   4862 posts
Dec 16, 2016 at 09:44
andyjen posted:
Also, how do you propose to copy the trades from demo to a live account. Manually?

EA
Member Since Nov 01, 2015   46 posts
Dec 16, 2016 at 12:37
togr posted:
andyjen posted:
Also, how do you propose to copy the trades from demo to a live account. Manually?

EA

Genius.
Member Since Feb 22, 2011   4862 posts
Dec 16, 2016 at 14:29
andyjen posted:
Also, how do you propose to copy the trades from demo to a live account. Manually?

Just to be clear you cannot copy autotrade demo to real. For obvious reason.
You can do it however with MT4 account.
Member Since Feb 19, 2014   11 posts
Dec 19, 2016 at 15:00
I would like understand how much a demo and real account are true. I have a demo account opened in may 2015, deposit 5000 usd. I used lucky pound and Atlas trader. Now account is at 270%, obviously is very good but in january i will open a real account, with the same deposit. How much return can I expect? I think is impossibile the same return of demo account, right? Slippage, commission, ecc... how much impact on the account? Thanks
Member Since Nov 01, 2015   46 posts
Dec 19, 2016 at 15:55
elsa85 posted:
I would like understand how much a demo and real account are true. I have a demo account opened in may 2015, deposit 5000 usd. I used lucky pound and Atlas trader. Now account is at 270%, obviously is very good but in january i will open a real account, with the same deposit. How much return can I expect? I think is impossibile the same return of demo account, right? Slippage, commission, ecc... how much impact on the account? Thanks

Same question I have. In demo, everything is running ok and it's convincing me to start a real account. But I'm afraid the results would vary due to slippage, spread, and other conditions.
Member Since Aug 07, 2011   78 posts
Dec 19, 2016 at 17:03 (edited Dec 19, 2016 at 17:04)
ISFurlan posted:
elsa85 posted:
I would like understand how much a demo and real account are true. I have a demo account opened in may 2015, deposit 5000 usd. I used lucky pound and Atlas trader. Now account is at 270%, obviously is very good but in january i will open a real account, with the same deposit. How much return can I expect? I think is impossibile the same return of demo account, right? Slippage, commission, ecc... how much impact on the account? Thanks

Same question I have. In demo, everything is running ok and it's convincing me to start a real account. But I'm afraid the results would vary due to slippage, spread, and other conditions.

You'll never have the same results because of the stated elements: difference in spread, slippage, time-delay while copying the trades, etc.
And don't forget the spread markup, with which the broker will charge you (for paying myfxbook). For example at Pepperstone the markup is around 0.8 pips for every pair.

But if you choose a good provider with a not-too-small pip-expectancy for each trade, who is not only trading during high spread-times (i.e. asian session scalper), then it should work. Can only tell if you try. :)
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Dec 20, 2016 at 07:24
ISFurlan posted:
elsa85 posted:
I would like understand how much a demo and real account are true. I have a demo account opened in may 2015, deposit 5000 usd. I used lucky pound and Atlas trader. Now account is at 270%, obviously is very good but in january i will open a real account, with the same deposit. How much return can I expect? I think is impossibile the same return of demo account, right? Slippage, commission, ecc... how much impact on the account? Thanks

Same question I have. In demo, everything is running ok and it's convincing me to start a real account. But I'm afraid the results would vary due to slippage, spread, and other conditions.

will be a bit different but not that much
Member Since Feb 19, 2014   11 posts
Dec 20, 2016 at 07:25
and how much the tax for the trader? if i gain 1000 usd for example, what is my real gain?
Member Since Feb 19, 2014   11 posts
Dec 20, 2016 at 07:40
thank you snowy, I know these difference. But I would like understand how much can be the difference about my demo account of 270%? can I gain 100% at least?
Member Since Feb 19, 2014   11 posts
Dec 20, 2016 at 07:41
I chose GDMFX provider...what do you think?
Member Since Jun 03, 2015   14 posts
Dec 20, 2016 at 07:58
Guys, this is the biggest confusion even I have.

I have good experience in Demo except for some trades getting delayed in Demo as well. I spoke with a friend of mine who is in forex trading since long time. He told me that its obvious. I am optimistic about autotrade platform.

I am shocked no-one is ready to share their Live account experience on autotrade.
Trade for Life
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*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.