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Myfxbook Autotrade

Nov 13, 2017 at 15:47
Miembro desde Apr 23, 2017
posts 17
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
Miembro desde Mar 02, 2016
posts 23
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
Miembro desde Mar 02, 2016
posts 23
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
Miembro desde Mar 02, 2016
posts 23
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.
Miembro desde Aug 18, 2017
posts 8
Nov 21, 2017 at 07:32
Miembro desde Aug 18, 2017
posts 8
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?
Miembro desde Dec 05, 2016
posts 6

forex_trader_156646
Miembro desde Oct 16, 2013
posts 18
Nov 24, 2017 at 11:19
Miembro desde Oct 16, 2013
posts 18
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.
Miembro desde Dec 05, 2016
posts 6
Nov 24, 2017 at 11:51
Miembro desde Dec 05, 2016
posts 6
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
Miembro desde Mar 20, 2011
posts 39
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
Miembro desde Mar 02, 2016
posts 23
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
Miembro desde Dec 06, 2017
posts 7
Miembro desde Aug 27, 2017
posts 875
Dec 10, 2017 at 07:53
Miembro desde Aug 27, 2017
posts 875
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.
I am also interested to see the result! It would be great if anyone share any result.
keeping patience.......
Dec 18, 2017 at 07:23
Miembro desde May 17, 2017
posts 17
Spearion posted:
hi all not sure if this is the right thread .. are you allowed to list your account in signalstart whilst it is being assessed (pending) for autotrade? I cant see how this would be allowed right?
cheers
G
I think its allowed. I see systems listing on both services (turtle eur, lucky pound etc).
Dec 19, 2017 at 01:40
Miembro desde Nov 04, 2013
posts 6
OK thanks. I wonder what the break down of subscribers is for those that are on both autotrade and signalstart... Would be better for subscribers to go through autotrade rather than signalstart ie avoid sub fees? Just curious..
relentless...
Dec 20, 2017 at 03:15
Miembro desde Nov 04, 2013
posts 6
Thank you for the insight. I think any time dependent strategies like scalping and arbitrage (predatory) would be difficult to have copied - which is why I have avoided building them. I agree that if you aim to have your system made available for copying then slippage and execution delays need to be accommodated for (amongst other things).
relentless...
Dec 28, 2017 at 11:59
Miembro desde Dec 04, 2017
posts 12
In autotrade you can compare the slippage between provider and your account. You have to do that with real accounts not with demo accounts. I'm still disappointed trying different brokers. Today I had a -14pips closing slippage with ICMarkets. If like this then you cannot make win copying trades!

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