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Is there an option to compare my results with trading system I m subscribed to
Mar 18, 2014 at 17:56
Vistas 647
6 Replies
Miembro desde Jan 20, 2010
posts 39
Mar 18, 2014 at 17:56
I tried Zulutrading before. They had an option to compare your performance with the trader performance. Some discrepancies happen in real trading ,like missing orders or orphan trades (Trades that's still running on your terminal without stop loss).
I am subscribed now to 3 traders and I want to check my performance against there's. Especially if I am having different settings than them.
If there is no option like this , I hope some one send my voice to myfxbook's developpers. Because this is an extremely important feature.
I am subscribed now to 3 traders and I want to check my performance against there's. Especially if I am having different settings than them.
If there is no option like this , I hope some one send my voice to myfxbook's developpers. Because this is an extremely important feature.
Miembro desde Dec 07, 2013
posts 19
Mar 18, 2014 at 21:44
i don't think there is an option like that , but you can go to portfolio/account Name/autotrade and analyze by signal and compare with signal history
dev
Miembro desde Jan 20, 2010
posts 39
Mar 19, 2014 at 10:25
It only shows what trades he place into your account. It doesn't compare these trades with actual trades he had. You will have to do this Manually.
On a side note , when I go to my portfolio>Autotrade>Analyze
The screen is stuck on the trader I chose and I can't go back to make analysis on other traders. I have to refresh the whole page which is really annoying. It is a mistake to forget a back button. I hope developers are seeing my posts.
On a side note , when I go to my portfolio>Autotrade>Analyze
The screen is stuck on the trader I chose and I can't go back to make analysis on other traders. I have to refresh the whole page which is really annoying. It is a mistake to forget a back button. I hope developers are seeing my posts.
Miembro desde Jan 20, 2010
posts 39
Mar 22, 2014 at 17:29
Chubbly posted:
Why not try the Autotrade on this site? Seems to be working well for me
I am Demoing it brother. Is it working for you well live or Demo ?
Whats you opinion about slippage and connection problems between myfxbook and MT4 ?
Mar 22, 2014 at 21:08
I did demo for 3 weeks before going live. I highly recommend demo for 3-4 weeks and use up your 5 demo accounts and put traders at different values so you can see how they trade and how big the positions are relative to your account. I found that following the top 5 traders at 0.5 was not as profitable. A few of them took huge positions and held on way 2 long. I have been live for 1 week and up 8% which is nice. Be careful on not setting the multiplier to high. I found it can hurt when they have a loss and they are only trading 0.1 lot size and you have set them at 0.7 multiplier because of the way the math works. Read through the help section and be sure you understand how they calculate your position size relative to the trader.
I am now going with traders who are consistent and have low draw downs in the live account. My 2 main traders are Yi_1 and Jasmine. I added a few more at 0.1 and will see how they trade
I haven't seen any slippage but I am not following the trades on MT4, just following on the website here. I do manual trading on Dukascopy
I am now going with traders who are consistent and have low draw downs in the live account. My 2 main traders are Yi_1 and Jasmine. I added a few more at 0.1 and will see how they trade
I haven't seen any slippage but I am not following the trades on MT4, just following on the website here. I do manual trading on Dukascopy
Miembro desde Jan 20, 2010
posts 39
Mar 23, 2014 at 09:30
Chubbly posted:
I did demo for 3 weeks before going live. I highly recommend demo for 3-4 weeks and use up your 5 demo accounts and put traders at different values so you can see how they trade and how big the positions are relative to your account. I found that following the top 5 traders at 0.5 was not as profitable. A few of them took huge positions and held on way 2 long. I have been live for 1 week and up 8% which is nice. Be careful on not setting the multiplier to high. I found it can hurt when they have a loss and they are only trading 0.1 lot size and you have set them at 0.7 multiplier because of the way the math works. Read through the help section and be sure you understand how they calculate your position size relative to the trader.
I am now going with traders who are consistent and have low draw downs in the live account. My 2 main traders are Yi_1 and Jasmine. I added a few more at 0.1 and will see how they trade
I haven't seen any slippage but I am not following the trades on MT4, just following on the website here. I do manual trading on Dukascopy
Following multiple traders is not a good idea my friend. Too much miss. I recommend you follow 1-2 traders. But who knows. Maybe here traders are more consistent.
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