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Myfxbook Autotrade
Jan 26, 2016 at 07:17
mendeco posted:
I am not paying for him but actually, watching his account before last month it was incredibly good...then it started to go down and trading bad....I can't see why as maybe it is gaining a few commissions (but if I am not wrong he gains for only positive trades) but he will start losing followers and that will result in a loss of credibility too...so he will pay much more than he can gain in commissions for a few trades closed in gain ;)
When you're selling your operations, keep in mind that different people come at different times in your system, you have to be responsible, because it is other people's money, it is clear that this person (take into account that, he has 3 systems , totaling about 3,000 followers) he began to operate without sense, just seeking to generate commissions, I agree that it is doing something silly and lose followers, but at the same time it is causing damage to the new ones, have no profit.
I think myfxbook should prevent this kind of sudden changes and bad faith.
But as in all things, money talks ...
Risk comes from not knowing what you're doing.
forex_trader_149646
Member Since Sep 09, 2013
406 posts
Feb 22, 2016 at 10:06
javforex posted:goodman888 posted:
What's wrong to this guy!?
http://www.myfxbook.com/members/autotrade/lucky-pound/1045415
It suddenly opened so many trades and closed all of them with losses! Crazy!
Used to be good when its only doing normal GBPUSD. After it moved onto EURUSD spike trade, things went south. Withdrawing from it's signal.
Lucky Pound, filter EURUSD trades in future
Feb 22, 2016 at 18:42
RedRhino posted:javforex posted:goodman888 posted:
What's wrong to this guy!?
http://www.myfxbook.com/members/autotrade/lucky-pound/1045415
It suddenly opened so many trades and closed all of them with losses! Crazy!
Used to be good when its only doing normal GBPUSD. After it moved onto EURUSD spike trade, things went south. Withdrawing from it's signal.
Lucky Pound, filter EURUSD trades in future
Hi Frank,
Thanks for the details. Pardon my poor understanding of your chart, but what does it tells?
forex_trader_149646
Member Since Sep 09, 2013
406 posts
Feb 23, 2016 at 06:03
just to filter out the EURUSD trades and only follow the GBPUSD trades.
forex_trader_261473
Member Since Jul 08, 2015
2 posts
Feb 24, 2016 at 13:30
I need a piece of information. I hope someone can help me with the answer. Two days ago I submitted the applications for AutoTrade System. It is still in pending status. How many day is the approval? Thank you for your kind answer.
Member Since Feb 22, 2011
4573 posts
Feb 26, 2016 at 12:08
goodman888 posted:
What's wrong to this guy!?
http://www.myfxbook.com/members/autotrade/lucky-pound/1045415
It suddenly opened so many trades and closed all of them with losses! Crazy!
Why dont you ask him?
Feb 26, 2016 at 15:30
togr posted:goodman888 posted:
What's wrong to this guy!?
http://www.myfxbook.com/members/autotrade/lucky-pound/1045415
It suddenly opened so many trades and closed all of them with losses! Crazy!
Why dont you ask him?
where?
mendeco@
Feb 26, 2016 at 15:30
Antar posted:
Hi, can someone please tell me what the minimum account amount is for auto/copy trading with the traders on the FXBook Autotrade list. Is it uniform or does it vary from trader to trader? Thanks.
1000 $ if I am not mistaken but you can find all those info in the faq of the autotrade system.
mendeco@
Member Since Feb 22, 2011
4573 posts
Feb 26, 2016 at 15:36
mendeco posted:togr posted:goodman888 posted:
What's wrong to this guy!?
http://www.myfxbook.com/members/autotrade/lucky-pound/1045415
It suddenly opened so many trades and closed all of them with losses! Crazy!
Why dont you ask him?
where?
On his profile - feed
On system discuss page
Via MFB message on his profile
Member Since Feb 22, 2011
4573 posts
Feb 26, 2016 at 15:39
togr posted:mendeco posted:togr posted:goodman888 posted:
What's wrong to this guy!?
http://www.myfxbook.com/members/autotrade/lucky-pound/1045415
It suddenly opened so many trades and closed all of them with losses! Crazy!
Why dont you ask him?
where?
On his profile - feed
On system discuss page
Via MFB message on his profile
I am sorry I did not know you do not see the owner of the account just Autotrade, right?
Feb 26, 2016 at 16:00
After a few months using the autotrade system with many different signals (I tried all the ones that used stop loss and a reasonable risk reward ratio + had a decent drawdown and equity and using a not too risky lot) I need to admit that this service has been a real fiasco.
I found a few systems that changed their way of trading (using way bigger lots and losses) or starting to martingale, others that stopped their service, others that were stop by myfxbook, etc. and also the ones that are still working on my accounts (real or demo) are working really bad. For example, one of them have 9 points of slippage for entry and 9 for exit on pairs that have 2 or 3 pips spread at max (so I cannot understand how can that be possible). Anyone has had a good experience with any of them?
I am using IC markets as a broker on the real account.
I found a few systems that changed their way of trading (using way bigger lots and losses) or starting to martingale, others that stopped their service, others that were stop by myfxbook, etc. and also the ones that are still working on my accounts (real or demo) are working really bad. For example, one of them have 9 points of slippage for entry and 9 for exit on pairs that have 2 or 3 pips spread at max (so I cannot understand how can that be possible). Anyone has had a good experience with any of them?
I am using IC markets as a broker on the real account.
mendeco@
Feb 26, 2016 at 23:50
togr posted:togr posted:mendeco posted:togr posted:goodman888 posted:
What's wrong to this guy!?
http://www.myfxbook.com/members/autotrade/lucky-pound/1045415
It suddenly opened so many trades and closed all of them with losses! Crazy!
Why dont you ask him?
where?
On his profile - feed
On system discuss page
Via MFB message on his profile
I am sorry I did not know you do not see the owner of the account just Autotrade, right?
yes
mendeco@
Feb 27, 2016 at 17:23
can some of the operators of site, confirm how many LIVE accounts are being followed by a signal provider. So good traders can get motivated to join myfxbook autotrade service to share their good signals. thanks I see most subscribers a signal provider has is "lucky pound" with over 1900 subscribers. I think hardly 100-200 are live accounts rest are just demo subscribers. can someone who knows lucky pound confirm how many are live account subscribers? thanks
to be the best at trading
forex_trader_25447
Member Since Dec 21, 2010
127 posts
Apr 01, 2016 at 09:12
(edited Apr 01, 2016 at 09:13)
I have interesting "welcome" message :
Actually I understand the reason,
It is because at this account I have :
- Negative BALANCE
- (plus) Credit , higher than Negative BALANCE
- as result I have Positive Amount (as free margin)
But this is MyFxBook ERROR.
They calculate PROFIT on my NEGATIVE VALUE of BALANCE
.... exclude CREDIT ?! 😱
Actually I understand the reason,
It is because at this account I have :
- Negative BALANCE
- (plus) Credit , higher than Negative BALANCE
- as result I have Positive Amount (as free margin)
But this is MyFxBook ERROR.
They calculate PROFIT on my NEGATIVE VALUE of BALANCE
.... exclude CREDIT ?! 😱
Member Since Dec 04, 2010
1447 posts
Apr 03, 2016 at 06:13
I wouldn't bother with the system, try signal start instead owned by same company (FxPro owns both) It works much better.
Apr 24, 2016 at 06:30
Is there no discussion board for individual autotrade providers, where the trader can explain his strategy, and followers can ask questions? Anyway, regarding MT4-5579830 . I was wondering if anyone explain why his history shows so many deposits and withdrawals. It is literally dozens every day.
Member Since Feb 22, 2011
4573 posts
Apr 24, 2016 at 13:28
edgar1 posted:
Is there no discussion board for individual autotrade providers, where the trader can explain his strategy, and followers can ask questions? Anyway, regarding MT4-5579830 . I was wondering if anyone explain why his history shows so many deposits and withdrawals. It is literally dozens every day.
I am not sure which account you mean. But small depost withdrawals could be
- swaps
- comissions
- rebates
Apr 26, 2016 at 18:02
togr posted:edgar1 posted:
Is there no discussion board for individual autotrade providers, where the trader can explain his strategy, and followers can ask questions? Anyway, regarding MT4-5579830 . I was wondering if anyone explain why his history shows so many deposits and withdrawals. It is literally dozens every day.
I am not sure which account you mean. But small depost withdrawals could be
- swaps
- comissions
- rebates
http://www.myfxbook.com/members/autotrade/mt4-5579830/1459350
