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Myfxbook Autotrade

ForexPlayer
Apr 11 2017 at 07:12
3 posts
Why abs. Gain? This number Shows only that withdrawals are maded and the Profit is different to the Initial deposit correct?
So $5000 deposit and 10% gain = $5500 then a $2500 withdrawal and next month 10% gain of $3000 are still 10% profits but in abs. Gain there is a different. Why does this matter? I dont understand.
Aimak Rokalno (Aimak)
Apr 11 2017 at 07:57
149 posts
Sephiroth posted:
Can anyone shed me some light how autotrade deals with partially close order? would it completely close the order or partially close according to the ratio of signal provider?

thanks.

AT does close partially the trades like the trader does.
exquisite entries with calculated exits
Aimak Rokalno (Aimak)
Apr 11 2017 at 08:29
149 posts
ForexPlayer posted:
Why abs. Gain? This number Shows only that withdrawals are maded and the Profit is different to the Initial deposit correct?
So $5000 deposit and 10% gain = $5500 then a $2500 withdrawal and next month 10% gain of $3000 are still 10% profits but in abs. Gain there is a different. Why does this matter? I dont understand.

From my non-expert view, I dont like to see frequent deposits because it leads to an unrealistic growth curve. For example, Lucky Pound with his impressive +1500% gain has an absolute gain of 12% meaning he has diluted his profits making difficult to assess his real profitability. If his real profit rate is around 10% there are other providers with better stats.
exquisite entries with calculated exits
Amigo
Apr 11 2017 at 10:19
3 posts
It's not Lucky Pound's fault. It's PAMM account, it just shows investors behavior. From my point of view, gain is more important that abs. gain.
Javenur
Apr 16 2017 at 07:25
2 posts
Hi!
Myfxbook send me message - my account fits the criteria of AutoTrade program, now I can get rich, 'unlimited income with zero effort'
I read all FAQ, search in google, but can't find answer for my question - how myfxbook pay autotrade provaders?? Bank transfer or something like that available? My broker Alpari have not any Partnerships programm.
blackshieldcap
Apr 17 2017 at 07:22
24 posts
paypal or wire transfer
Black Shield Capital
Javenur
Apr 17 2017 at 08:50
2 posts
Thank you blackshieldcap
Rebecca Pettersson (kerstin71)
Apr 18 2017 at 21:09
40 posts
I don’t have to face much hassle. My broker Tickmill support MyFxBook auto trade from their end. I just ask them if I face any issues. Settings should not be that tough if you follow the instruction.
Helping new traders
rfung
Apr 21 2017 at 05:35
5 posts
elsa85 posted:
hello guys, this account (demo) is open from June 2015. I use 2 trader, lucky pound and Atlas. my only question is this, is it really possible to have these results in a real account? more or less how much money you hold your trader by a gain like that? thank you

Using atlas and lucky pound, and a couple others -

https://www.myfxbook.com/members/rfung/mine/1731704

I put in $500 about 7 months ago and so far can't complain...
Aimak Rokalno (Aimak)
Apr 21 2017 at 06:36
149 posts
rfung posted:
elsa85 posted:
hello guys, this account (demo) is open from June 2015. I use 2 trader, lucky pound and Atlas. my only question is this, is it really possible to have these results in a real account? more or less how much money you hold your trader by a gain like that? thank you

Using atlas and lucky pound, and a couple others -

https://www.myfxbook.com/members/rfung/mine/1731704

I put in $500 about 7 months ago and so far can't complain...

You have set your system as private so we cant enjoy watching your results 😉
exquisite entries with calculated exits
elsa85
Apr 27 2017 at 06:20
11 posts
Aimak posted:
rfung posted:
elsa85 posted:
hello guys, this account (demo) is open from June 2015. I use 2 trader, lucky pound and Atlas. my only question is this, is it really possible to have these results in a real account? more or less how much money you hold your trader by a gain like that? thank you

Using atlas and lucky pound, and a couple others -

https://www.myfxbook.com/members/rfung/mine/1731704

I put in $500 about 7 months ago and so far can't complain...

You have set your system as private so we cant enjoy watching your results 😉

sorry!! now it's public. please give me some opinions...thanks!
elsa85
Apr 27 2017 at 06:20
11 posts
rfung posted:
elsa85 posted:
hello guys, this account (demo) is open from June 2015. I use 2 trader, lucky pound and Atlas. my only question is this, is it really possible to have these results in a real account? more or less how much money you hold your trader by a gain like that? thank you

Using atlas and lucky pound, and a couple others -

https://www.myfxbook.com/members/rfung/mine/1731704

I put in $500 about 7 months ago and so far can't complain...

only 500 is enough? great results!
rfung
Apr 27 2017 at 08:54
5 posts
elsa85 posted:
rfung posted:
elsa85 posted:
hello guys, this account (demo) is open from June 2015. I use 2 trader, lucky pound and Atlas. my only question is this, is it really possible to have these results in a real account? more or less how much money you hold your trader by a gain like that? thank you

Using atlas and lucky pound, and a couple others -

https://www.myfxbook.com/members/rfung/mine/1731704

I put in $500 about 7 months ago and so far can't complain...

only 500 is enough? great results!

I had to put in $1000, but then I took out $500.
arislan
Apr 28 2017 at 11:14
16 posts
rfung posted:
elsa85 posted:
rfung posted:
elsa85 posted:
hello guys, this account (demo) is open from June 2015. I use 2 trader, lucky pound and Atlas. my only question is this, is it really possible to have these results in a real account? more or less how much money you hold your trader by a gain like that? thank you

Using atlas and lucky pound, and a couple others -

https://www.myfxbook.com/members/rfung/mine/1731704

I put in $500 about 7 months ago and so far can't complain...

only 500 is enough? great results!

I had to put in $1000, but then I took out $500.

I plan to do the same. What multiplier and lot size are you using for 500 - 1k balance? I am trying to figure on the optimal risk/reward level.
Krugo
Apr 28 2017 at 15:13
9 posts
Staff posted:
@doodboy You have some good questions 😄

- When you open a demo account on Myfxbook, an actual MT4 is created in the background. The login is not provided simply because the trades of the provider can be copied without the provider's permission.

- An option to close an open trade is available because with live accounts you will have this possibility through MT4, so there's no point of disabling this on Myfxbook - unless you think otherwise.

- AutoTrade is designed to match the provider performance with the follower and this is done by constantly checking for missing trades/targets/stops/orders/limits which weren't copied - this is why when closing an active provider trade, it will be restored after a few minutes - do you think you should be able to turn off this possibility?

ZuluTrade have between 1.5-2 pips markup with most brokers (depending on the broker) while we have only 1 pip markup which is 33%-50% off.

We will be definitively adding more brokers to the list.

Ethan

You are saying there is a 1 pip markup. I asked TickMill, and they mentioned a 1.2 pips markup.
Are you imposing the same markup on all of your affiliate brokers, or do they have a range they choose from.

Please explain.
Krugo
Apr 28 2017 at 18:19
9 posts
Also, I am wondering if an account can be set for both Autotrade and https://www.paybackfx.com/ rebate program.
If so, please explain what the process for that is.
Aimak Rokalno (Aimak)
Apr 28 2017 at 18:27
149 posts
Krugo posted:
Also, I am wondering if an account can be set for both Autotrade and https://www.paybackfx.com/ rebate program.
If so, please explain what the process for that is.

No, is not possible. Brokers only allow one rebate/IB referral per account.
exquisite entries with calculated exits
elsa85
May 01 2017 at 11:06
11 posts
rfung posted:
elsa85 posted:
rfung posted:
elsa85 posted:
hello guys, this account (demo) is open from June 2015. I use 2 trader, lucky pound and Atlas. my only question is this, is it really possible to have these results in a real account? more or less how much money you hold your trader by a gain like that? thank you

Using atlas and lucky pound, and a couple others -

https://www.myfxbook.com/members/rfung/mine/1731704

I put in $500 about 7 months ago and so far can't complain...

only 500 is enough? great results!

I had to put in $1000, but then I took out $500.

Ok, but lucky pound ask 1.300 like minimal balance, and Atlas 3.000, with risk 1.0
If i start with 1000 isn't dangerous? thanks
Aimak Rokalno (Aimak)
May 01 2017 at 13:11
149 posts
I think if you don't have the minimum balance, you will be copying trades with 0.01 lots until you reach that minimum.
If you use a high multiplier to reach the minimum balance, you will be taking way to high risk per trade.
exquisite entries with calculated exits
ottawatrader
May 06 2017 at 08:06
19 posts
Hi traders,

on Autotrade, did any use Ninjatrainer on live account? How were the results? The provider keeps adding deposits for one reason.
Thanks.
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