Myfxbook Autotrade

This is what concerns me...
Has anyone else done the math?

lithium1 posted:
I just did a calculation. It's actually 80% of signal provider's pips will be eaten by slippage and markups.

fverwey posted:
Can anyone with live (real) AutoTrade account please share their results?

Quid pro quo

Quid pro quo
What do you expect in return?
I'm not asking for a blueprint of your system or your specific strategy, just real account results.
If you don't want to share, stuff it!

looks like Asia has gone nuts.. not in a good way :)

Asia records are new. He is just trading like you never had the chance to see. 20% drawdown is not to bad for the profits he makes. I'll bet you he finish's that move in profit,

@fverwey I have been using Autotrade for a month with a real account. I want to share my results after reaching 6 month. Maybe if you remind me in two month I'll agree:) If you want to ask about my experience so far, massage me and I will answer whatever you want to know.

tephra posted:
looks like Asia has gone nuts.. not in a good way :)

Like a lunatic!

fverwey posted:

tephra posted:
looks like Asia has gone nuts.. not in a good way :)

Like a lunatic!

You can see its pending orders now. Buying in way lots of position to recover its drawdown.
Don't even think it should be listed in Autotrade now.

tephra posted:
looks like Asia has gone nuts.. not in a good way :)

Quite dangerous, indeed. It keept opening huge positions (way more that the 4 simultaneously anouced) against trend...

Blows up margin very very quickly...was not expecting such huge positions.
be carefull with this provider

Krugo posted:
Asia records are new. He is just trading like you never had the chance to see. 20% drawdown is not to bad for the profits he makes. I'll bet you he finish's that move in profit,

Description says max. 4 trades simultaneously he had about 9...
It is somewhat irrelevant if he finishes in profit. the risk is not what is anounced and drawdown just went from ~10% to 20%....

Krugo posted:
@fverwey I have been using AutoTrade for a month with a real account. I want to share my results after reaching 6 months. Maybe if you remind me in two months I'll agree:) If you want to ask about my experience so far, message me and I will answer whatever you want to know.

Thanks a stack @Krugo
I'll inbox you ...

jeffkoo posted:

fverwey posted:

tephra posted:
looks like Asia has gone nuts.. not in a good way :)

Like a lunatic!

You can see its pending orders now. Buying in way lots of position to recover its drawdown.
Don't even think it should be listed in Autotrade now.

Cracking the whip!
Lost almost 12.5% on my demo in 7 trades ... he's a gonner!

^ yeh he has had a bad day, and the decisions seemed to get worse and worse... but its easy for us to say that in hindsight...

i'm glad i paused him when i saw the 8+ open orders... in the end i only lost 5% of my account, which sux - but hey... forex is high risk :)

I doubt that someone is really making money from Autotrade on long term!!!

Whoever still copying Asia's signals. Good luck to you. 😇

social_trading2 posted:
I doubt that someone is really making money from Autotrade on long term!!!

well 1 year im still okay $500 start, now at $6000.

social_trading2 posted:
I doubt that someone is really making money from Autotrade on long term!!!

look at this one: https://www.myfxbook.com/members/nchankov/autotrade/1421817

It's autotrade system and despite of some drawdown in the beginning (due to some blown off systems) see the performance after the Feb 2016 :)

Not that I am thinking to use that type of trading but still amazed how well it goes

I am a PAMM manager, I found Ninja is also a PAMM too and doing well
i tested it on demo for a month
want to know how much Multiplier you use?

fverwey posted:

jeffkoo posted:

fverwey posted:

tephra posted:
looks like Asia has gone nuts.. not in a good way :)

Like a lunatic!

You can see its pending orders now. Buying in way lots of position to recover its drawdown.
Don't even think it should be listed in Autotrade now.

Cracking the whip!
Lost almost 12.5% on my demo in 7 trades ... he's a gonner!

Seems like Asia is out of Autotrade signal providers now.