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IC MARKETS REAL 313166
in
Trading Systems
Jan 27, 2014 at 08:39
BluePanther, I've replied to you privately, and would like to make it clear for everyone else that our statistics are accurate; You're seeing positive percentage gains even though trades are losing money because the balance is negative which skews the calculation - this is actually an issue with the broker as an account cannot reach a negative balance.
FX Lifestyle Signals
in
Expert Advisors
Jan 26, 2014 at 13:17
Service moved to signals section.
Myfxbook Autotrade
in
General
Dec 24, 2013 at 11:24
The lower the balance will get, the more risk will be taken with each position (relative to your account size vs the provider) as the trade size cannot be broken to smaller pieces than 0.01 lots - this will increase the chance of running out of margin and finally getting a margin call. Use the "Minimal Balance" field to know exactly how much balance you need to get accurate risk ratio when a trade is copied.
Contest - AnthonyK
in
Trading Systems
Dec 02, 2013 at 09:02
The Price Markets competition is only on the Dynamic FX symbols (ECN) - example: EURUSD_ (those symbols have a Blue background).To View those symbols: 1. Go to Market Watch. 2. Right-click and Select Show All.
Bataviafx Management
in
Trading Systems
Nov 27, 2013 at 11:23
The account is a PAMM account meaning there are constantly deposits and withdrawals. If the existing positions will be closed, you will see the drawdown is about 50%, however since there are new deposits coming in, it reduces the floating drawdown as the balance increases.
Myfxbook Autotrade
in
General
Nov 18, 2013 at 15:26
The simulator compounds all profits by default as the lot size is recalculated at each trade open based on the balance of the account - if the balance increases, so is the lot size and vice versa.
Myfxbook Autotrade
in
General
Nov 11, 2013 at 18:12
That is correct as it is one of AutoTrade's unique features, not of MT4's. 😄
Myfxbook Autotrade
in
General
Nov 11, 2013 at 13:01
You're right! 😄The help section gives an accurate answer. The FAQ was written before there was an option to avoid a re-entry of a manually closed trade. I've forwarded it to the content team.
Myfxbook Autotrade
in
General
Nov 11, 2013 at 13:00
We do not allow scalping strategies and for that matter any strategy that can be majorly affected by slippage, which is why the minimal average trade profit is 10 pips.
Myfxbook Autotrade
in
General
Nov 11, 2013 at 12:58
That is inaccurate. We copy only trades that can be copied with a better or an equal entry. Moreover, live followers can already see the open trades and closed trades of a provider.
Myfxbook Autotrade
in
General
Oct 30, 2013 at 14:54
A broker cannot become unsupported. Moreover, you do not need to run anything on your end - everything is automated on our servers.
Myfxbook Autotrade
in
General
Oct 30, 2013 at 14:52
Slippage may occur at times but important to understand it can be both positive slippage and negative slippage which is why it is better to assess it as an average. To see the exact slippage, check the 'AutoTrade' tab in your portfolio and then click the '+' icon as shown here: https://blog.myfxbook.com/2013/10/07/autotrade-slippage-metrics-autocomplete-search/ .
Myfxbook Autotrade
in
General
Oct 28, 2013 at 11:18
No, we cannot accept at this time US clients due to regulatory limitations.
Myfxbook Autotrade
in
General
Oct 27, 2013 at 13:00
It is very important to understand the trades are copied in real time - only trades that cannot be copied due to slippage are being synced every few minutes - this results usually in better entries than the provider and overall, in better system performance.
Myfxbook Autotrade
in
General
Oct 27, 2013 at 12:19
@beren @CrazyTrader Trades aren't synced every 15 minutes but every 3 minutes (was 5 minutes at some point). I don't think syncing the trades on every tick is possible (or logical) but I will forward it to the dev team. Keep in mind that we don't accept scalping strategies, so this does not make much of a difference.Syncing the trades every few minutes actually works for you and not against you as then you can get positive slippage, while syncing as soon as possible will usually result in a slightly better or equal trade entry versus the provider's.
Myfxbook Autotrade
in
General
Oct 27, 2013 at 12:13
Are you sure it would make any difference? A trader can open 5 live accounts, trade all of them for 3 months and submit the accounts the match the criteria - we can only base our decision based on the available track record.On the other hand, what if a trader fine tunes his system for a year or two (during which he experiences losses) and finally makes it successful, would you still ignore the trading system? You should keep that any successful trading system may experience losses at any time.
Myfxbook Autotrade
in
General
Oct 26, 2013 at 15:48
We pay by PayPal or Wire Transfer. You can make withdrawals at any time and they are usually processed within several hours.Thanks for the feedback 😄
Myfxbook Autotrade
in
General
Oct 26, 2013 at 15:25
The criteria refers to the last 3 months of trading. We do allow the use of custom start before applying to AutoTrade, but once approved for AutoTrade, custom start is disabled.
Riston Capital
in
Pialang
Oct 20, 2013 at 10:52
Broker re-branded to FreshForex: https://myfxbook.com/reviews/brokers/freshforex/650292,1
Myfxbook Autotrade
in
General
Oct 15, 2013 at 07:12
The loss may be caused due to a very high risk you're taking (high multiplier) - if you want me to check the data, please send me a private message with the account you're referring to.
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