Trading manually on Auto Trade
Nov 16, 2016 at 07:42
501 Views
6 Replies
Nov 16, 2016 at 07:42
1. If I have a forex account linked with, and copying, a myfxbook auto trade trader, and I choose to also trade my own separate manual trades on that same account, will a 0.5 pip commission be deducted from my own (successful, winning) manual trades and paid to the Auto Trade provider, even though those winning trades weren't copied from the auto trade provider?
2. If the 0.5 commission is deducted from my own successful trades, is there any way of disabling that for my own manual trades in any way?
thanks
2. If the 0.5 commission is deducted from my own successful trades, is there any way of disabling that for my own manual trades in any way?
thanks
Nov 16, 2016 at 15:51
Regarding question 1 – I think this 0.5 pip commission should not apply to your own manual trades. Because the auto trader is not helping you with anything there.
About question 2 – I don’t know how you can disable this deductions, but you should somehow do it, it is not fair :)
About question 2 – I don’t know how you can disable this deductions, but you should somehow do it, it is not fair :)
Accept the loss as experience
Member Since Aug 17, 2021
94 posts
Oct 30, 2021 at 13:08
Proponents of automated trading argue that this method is superior since it takes irrational human behavior out of the equation. Automated trading is also based on rules and statistics, whereas manual trading may be based more on emotion.
Member Since Jul 23, 2020
869 posts
Nov 06, 2021 at 15:48
Is this provider good? How much do they charge?
Member Since Mar 17, 2021
536 posts
Nov 06, 2021 at 17:34
FredJones posted:I agree with you. Manual trading is better than automatic trading.
As a beginner in forex, I would like to know if trading manually on Auto trade is good and what its advantages are for beginners?
Member Since Jan 13, 2021
52 posts
Nov 08, 2021 at 16:27
riddelln posted:I personally think it gets messy and best to keep separate. You’ll be better positioned to see what’s working and what isnt
1. If I have a forex account linked with, and copying, a myfxbook auto trade trader, and I choose to also trade my own separate manual trades on that same account, will a 0.5 pip commission be deducted from my own (successful, winning) manual trades and paid to the Auto Trade provider, even though those winning trades weren't copied from the auto trade provider?
2. If the 0.5 commission is deducted from my own successful trades, is there any way of disabling that for my own manual trades in any way?
thanks
Member Since Jul 23, 2020
759 posts
Nov 08, 2021 at 17:06
Is auto trade good? What kind of services do they provide?
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