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Myfxbook Autotrade

skivers
Jan 27 2018 at 12:27
4 posts
Hi - I have asked to be included as an autotrade provider.

But I have a concern

As I mainly use pending orders - is it possible that the 'following' accounts could be filled on my signal and then actually keep me out of my own trade?

On the other hand I hope that the orders would be filled a fraction of a second after my own trade is triggered.

MOJO 1. Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp. In context of contest or display of skill such as going into battle. 2. Ability to bounce back from a debilitating trauma and negative attitude, YEAH BABY!!!!
tabele
Jan 28 2018 at 08:44
11 posts
Hi Skivers,

don't worry they don't copy the pending orders.
Once the trade is opened in your account then they copy it, that's what I saw.
Closing the trade, I'm not sure how they do that as they copy the stop and target.
But there is always a closing slippage average 3-4 pips compared to the provider's trade.
Your system looks great
Would be great if I could direct copy your trades, would give you 1 pip each winning trade.

Regards,
Thomas

MicheleFX
Feb 11 2018 at 12:43
4 posts
Hi guys, i have questions. I trade mainly intraday for 10 pips profit with 10 pips SL. Is autotrade for my strategy good? Could my potential followers make money from my signals? Do you know other better platform to share my strategy and profit them from followers?

Thanks

tabele
Feb 11 2018 at 13:38
11 posts
Hi MicheleFX,
I always check the history of the system, below 20pips I would not choose.
Regards,
Thomas

Aimak (Aimak)
Feb 13 2018 at 06:24
149 posts
MicheleFX posted:
Hi guys, i have questions. I trade mainly intraday for 10 pips profit with 10 pips SL. Is autotrade for my strategy good? Could my potential followers make money from my signals? Do you know other better platform to share my strategy and profit them from followers?

Thanks


Try Darwinex

exquisite entries with calculated exits
tabele
Feb 13 2018 at 09:21
11 posts
MicheleFx, just go over the autotrade list and sort by subscriber descending. Then you can simple check the manly subscribed systems yourself.
Regards,
Thomas

Pikasso (Pikasso)
Feb 14 2018 at 15:01
167 posts
Aimak posted:
MicheleFX posted:
Hi guys, i have questions. I trade mainly intraday for 10 pips profit with 10 pips SL. Is autotrade for my strategy good? Could my potential followers make money from my signals? Do you know other better platform to share my strategy and profit them from followers?

Thanks


Try Darwinex


agree with Aimak Rokalno. Darwinex is very good broker, you can see my accounts and my strategy on darwinex exchange to see how it works. It is quite good alternative to other copy platforms.

Trading system developers and strategy providers.
MicheleFX
Feb 15 2018 at 06:06
4 posts
i saw top system and they average pips won is about 10-15 with 20-30 pips average loss. Also this is not problem. Darwinex looks very good.

Surrealistik
Feb 19 2018 at 05:56
227 posts
abendkohlerM posted:
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.


Slippage is definitely going to eat up most if not all of that; I know this from first hand experience.

You want 10+ pips of average profit per trade, preferably 20+.

Offering the best commission discounts for the best broker: $1.50 / RTL Global Prime:
LorraineP
Feb 22 2018 at 07:42
32 posts
blackopzfx posted:
CrazyTrader posted:
Also It could be nice to vouch a provider only if we autotrade it for a month at least and we have made profit.


Maybe the month limit but I've seen some providers lose 1% during news events while others did -20% or more. I'd like to vouch for a provider that protects capital like that even if my balance is negative!


Yup...I use a custom combo of bots for my account WITH a news filter. So I dont trade an hour before high impact news, and wait until an hour after high impact news.

My accounts been approved, but when I click 'Apply' for final review I get an error. Hoping they fix this soon!


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"Do or Do Not. There is No Try"....Yoda
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