Aimak posted: My real Autotrade acc with Pepperstone is near to one month old. Ninjatrainer is the best performing of my signals providers.
Could you post the slippage numbers from your account? Thanks.
I started almost the same time with a real account on Global Prime with NinjaTrainer Signals too. But the result is definitely not as good as yours! My gain from NinjaTrainer for that time was around 13-14% which is more than half of yours! I thought it's normal due to the slippage and markup until I see your result. OMG, I think I needa switch my broker.
Anyone of you having issue copying gold trade signals from providers like atlas/scorpion? I'm using live account from Global Prime and it seems like due to the slippage issue, almost all of the gold trade signals were not copied instantly and had to wait for the price to bounce back to a -ve region for reentry. Hence sometime would completely miss out the entry. Anyone of you having the same issue or perhaps you're just doing fine, then let me know which broker you're currently using.
I'm kind of in the middle of switching broker now. Any advice would be great! Thanks.
Thanks for sharing, average slippage is around 1 pip per trade.
Autotrade will charge 0.8pips per trade. Does this 0.8 pips included in the slippage? Or we need to pay another 0.8pips per trade on top of the slippage?
As far I know, the slippage information shown is the difference between the price of the provider and yours for a given trade when this is copied. The mark up applied or not by MFXB should not affect the slippage result showed
today, suddenly, my 2 accounts on ICMarket cannot connect to myfxbook. But IC checked that my are all good and I can also login to my accounts by MT4 also. i am 100% sure the passwords are correct too does anyone have this problem too?
Hmm, in that case, the results we are getting from the demo of MyFxbook can be very different from real account. Because slippage and mark ups can eat up as much as 50% of the pips the signal provider is winning.
Has anyone used Autotrade with a live account for over a few months?
Can you share your average slippage in pips over that time? A lot of the signal providers have pip expectancy of about 2 or 3 pips per trade(if gold, indices etc. are excluded), so I would like to hear what results have been realized over a significant live trial.
Would like to know what brokers were used, and any other info. that will help to make the information relevant for selecting a broker, and possible signal providers.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.