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Myfxbook Autotrade

Agagon
Nov 14 2017 at 07:44
23 posts
tephra posted:
says a lot that the #2 trader (Pro Trading - according to the autotrade chart), had a 10% loss today.

when i checked the DD on friday (before subscribing) it didn't show the -20% spike that occured on the 1st Nov...

if the DD graph was correct/updated i wouldn't have subscribed... and seen a 10% loss..

yay for autotrade...


Found it, my page was not updated. If you are new to Autotrade, you have to know that the worse thing you can do is subscribe to strategies based in their ranking, you have to set your own criteria in order to filter them. For example 5 months old strategy would be too young for most of the people to invest on it.

jotarobook
Nov 21 2017 at 07:32
9 posts
anyone using 'turtle EUR'? trading 1 year 6months and good profit.
people say it's martingale and it seems like it. big SL and sometimes big losses..
how long will it last based on possibility of martingale method fail?
it has traded about 350 times so far..
what is the likelihood of it able to trade until it fails?

its hard to explain.. IF possibility of failure of turtle EUR was 1/1000 it means there is 1/650 trades left it can make

im thinking maybe the chance of hitting the failing trade is low still?

myfxrunning (myfxrunning)
Nov 23 2017 at 15:48
5 posts
My system meet requirement of Autotrade but after send Myfxbook to approve more than 1 week no any response from them How long they review and approve system?

Koosqwerty (Koosqwerty)
Nov 24 2017 at 11:19
18 posts
myfxrunning posted:
My system meet requirement of Autotrade but after send Myfxbook to approve more than 1 week no any response from them How long they review and approve system?


It could take a lot longer than that. 4-6 weeks or maybe longer. I think once you submit your system, they first monitor it for a while before they approve / reject it.

myfxrunning (myfxrunning)
Nov 24 2017 at 11:51
5 posts
Koosqwerty posted:
myfxrunning posted:
My system meet requirement of Autotrade but after send Myfxbook to approve more than 1 week no any response from them How long they review and approve system?


It could take a lot longer than that. 4-6 weeks or maybe longer. I think once you submit your system, they first monitor it for a while before they approve / reject it.


Thank you!

OnTheEdge
Nov 25 2017 at 00:13
44 posts
jotarobook posted:
anyone using 'turtle EUR'? trading 1 year 6months and good profit.
people say it's martingale and it seems like it. big SL and sometimes big losses..
how long will it last based on possibility of martingale method fail?
it has traded about 350 times so far..
what is the likelihood of it able to trade until it fails?

its hard to explain.. IF possibility of failure of turtle EUR was 1/1000 it means there is 1/650 trades left it can make

im thinking maybe the chance of hitting the failing trade is low still?


Monitor the Risk of Ruin of any systems you copy, as the investor it's your job to protect your money. You could also stop following a strategy when it falls below a predetermined %, and either wait for the system to move back to profitability or move your money to another strategy.

Either way as the investor you should not expect to park your money somewhere and blindly follow, being an investor is just as much work as being a trader.

Agagon
Nov 26 2017 at 08:07
23 posts
OnTheEdge posted:
jotarobook posted:
anyone using 'turtle EUR'? trading 1 year 6months and good profit.
people say it's martingale and it seems like it. big SL and sometimes big losses..
how long will it last based on possibility of martingale method fail?
it has traded about 350 times so far..
what is the likelihood of it able to trade until it fails?

its hard to explain.. IF possibility of failure of turtle EUR was 1/1000 it means there is 1/650 trades left it can make

im thinking maybe the chance of hitting the failing trade is low still?


Monitor the Risk of Ruin of any systems you copy, as the investor it's your job to protect your money. You could also stop following a strategy when it falls below a predetermined %, and either wait for the system to move back to profitability or move your money to another strategy.

Either way as the investor you should not expect to park your money somewhere and blindly follow, being an investor is just as much work as being a trader.


How do you read risk of ruin? Don't know how is calculated but for me does not provide much information as many of the values are <0.01 even for a system like turtle

chanelle2014
Dec 03 2017 at 07:58
9 posts
Anyone using Scorpion signal? It keep losing more and more.

abendkohlerM
Dec 08 2017 at 11:30
7 posts
Has anyone signed up with real account and can share their results? A lot of these guys average a few pips per trade.... The lag time and slippage can easily turn those little winners into losers for subscribers.

GretarR
Dec 08 2017 at 11:39
5 posts

The same thing happened to me, I don't know what's going on

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