Myfxbook Autotrade
Mitglied seit Nov 15, 2011
15 Posts
Nov 01, 2017 at 15:47
There is some problem with the dd calculation of many systems. See the screenshots. Also Turtle EUR while his dd does line up with his history it seems missing information and also I remember it being higher.
Anhänge:
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Mitglied seit Nov 15, 2011
15 Posts
Nov 01, 2017 at 15:47
It's likely a bug since they wouldn't reveal the real dd if they were doing it intentionally. Even still it looks bad and it makes making decisions more difficult. Another side note is that the dd on the front page usually includes equity drawdown (unrealized losses) while the other one is just trades after they have closed which is less accurate.
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forex_trader_430711
Mitglied seit May 17, 2017
14 Posts
Nov 02, 2017 at 07:22
Myfxbook has had this problem for months. They sometimes fix it temporarily but it always goes back. Its a bug and it makes it really hard to search through the accounts..
Mitglied seit Aug 18, 2017
9 Posts
Nov 06, 2017 at 07:39
I looked at PAMM accounts and I wonder if there is any place people discuss it? i keep looking and dont really find any websites.. PM me if you don't mind. thank you.
Nov 06, 2017 at 07:54
jotarobook posted:
I looked at PAMM accounts and I wonder if there is any place people discuss it? i keep looking and dont really find any websites.. PM me if you don't mind. thank you.
Great point. Why dont you just make a thread here on General Topics ?
Nov 13, 2017 at 15:47
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...
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...
Nov 14, 2017 at 07:43
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...
I am sorry for your loss, could you please let me know what strategy are you taking about? I could not find any with that name.
Nov 14, 2017 at 07:43
jeffkoo posted:
Anyone subscribing to Bulldozer signal with real acc? I'm wondering why there're many 0s trading history with the provider. How does it really work? Is it just a wrongly tracked info?
I am since 6 weeks ago, so far so good but 6 weeks are not enough to say anything... What do you mean by trading history? number of trades??
Nov 14, 2017 at 07:44
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.
Mitglied seit Aug 18, 2017
9 Posts
Nov 21, 2017 at 07:32
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?
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?
Mitglied seit Dec 05, 2016
5 Posts
Nov 23, 2017 at 15:48
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?
Mitglied seit Oct 16, 2013
18 Posts
Nov 24, 2017 at 11:19
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.
Mitglied seit Dec 05, 2016
5 Posts
Nov 24, 2017 at 11:51
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!
Nov 25, 2017 at 00:13
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.
Nov 26, 2017 at 08:07
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
Mitglied seit Nov 30, 2016
9 Posts
Dec 03, 2017 at 07:58
Anyone using Scorpion signal? It keep losing more and more.
Mitglied seit Dec 06, 2017
7 Posts
Dec 08, 2017 at 11:30
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.
