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Myfxbook Autotrade
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Jul 14, 2015 at 06:27
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I have a couple of questions relating AutoTrade.
First of all, how do I know about the exact costs charged by MyFXbook per trade? I am with Pepperstone and I pay a small commission per lot, which in turn allows me to trade against real orders without a spread made. What are the extra costs related to AutoTrade though?
Secondly, I wondered how people combat the problem of signal providers opening a ton of trades. I noticed that overall most of the best systems only win 2 or so pips on average which means if your costs are anything near 2 pips you might as well not bother?
I also wondered in what timezone the hours of successful trades are depicted in, in the signal providers profile? In the editing screen it mentions it's UTC, is this the same timezone as in the providers profile?
Lastly anyone here who has experienced success in using AutoTrade and perhaps could point me to some good providers which are not of the 'churn'em and burn'em' type?
First of all, how do I know about the exact costs charged by MyFXbook per trade? I am with Pepperstone and I pay a small commission per lot, which in turn allows me to trade against real orders without a spread made. What are the extra costs related to AutoTrade though?
Secondly, I wondered how people combat the problem of signal providers opening a ton of trades. I noticed that overall most of the best systems only win 2 or so pips on average which means if your costs are anything near 2 pips you might as well not bother?
I also wondered in what timezone the hours of successful trades are depicted in, in the signal providers profile? In the editing screen it mentions it's UTC, is this the same timezone as in the providers profile?
Lastly anyone here who has experienced success in using AutoTrade and perhaps could point me to some good providers which are not of the 'churn'em and burn'em' type?
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Jul 15, 2015 at 06:51
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I don't understand when i click on copy a person's EA i always get at pop that says...
'Copy With Signal Start
In order to copy this system to your account with a monthly subscription fee, send an invite to the trader so it becomes available through www.signalstart.com. Once the system is available, we will notify you by email.'
^^ what is that about?
I thought as long a system was available to copy i that already was in the hands on myfxbook?
how do i sort out these 'un-available systems'?
'Copy With Signal Start
In order to copy this system to your account with a monthly subscription fee, send an invite to the trader so it becomes available through www.signalstart.com. Once the system is available, we will notify you by email.'
^^ what is that about?
I thought as long a system was available to copy i that already was in the hands on myfxbook?
how do i sort out these 'un-available systems'?
"No Guts, No Glory"
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Jul 18, 2015 at 07:59
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Request ability to save your Autotrade signal settings, otherwise have to do all 49 signals again,
Have Custom Stop,Take profit, trailing stop levels
Have Custom Stop,Take profit, trailing stop levels
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Jul 18, 2015 at 08:00
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Forgot to request the Simulator be able to simulate 'Your Customized Settings/Subscribed Systems' eg.Total lots, Total open trades , Symbol ignore, trading times etc...😑
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Jul 29, 2015 at 12:05
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Please request ability to Only Take Long or Short trades of signals
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231 ieraksti
Aug 20, 2015 at 09:18
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Has anyone actually invested money in a Johnpaul77, RobinVOL and/or Lucky Pound Autotrade per the current top 3 systems?
If so, would very much like to know your results thus far.
If so, would very much like to know your results thus far.
Offering the best commission discounts for the best broker: $1.50 / RTL Global Prime:
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Aug 23, 2015 at 10:11
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Surrealistik posted:
Has anyone actually invested money in a Johnpaul77, RobinVOL and/or Lucky Pound Autotrade per the current top 3 systems?
If so, would very much like to know your results thus far.
I could not even find someone who have used Demo accounts with Autotrade for several months not to say real accounts.
I have just setup 3 demo accounts where each one is running a single provider.
I have adjusted the initial balance and risk to what i consider reasonable values. Let's see how it goes.
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Aug 23, 2015 at 14:03
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Surrealistik posted:😲
Has anyone actually invested money in a Johnpaul77, RobinVOL and/or Lucky Pound Autotrade per the current top 3 systems?
If so, would very much like to know your results thus far.
sursum corda
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Aug 28, 2015 at 18:12
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Let me tell you guys how autotrade is as a signal provider. We make money people join. We lose money people leave. As results people join at highs and leave at lows and very few are making money while we have had a huge gain this year. We have witnessed this cycle since last October and we are considering leaving autotrade .
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Sep 04, 2015 at 10:00
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I´m actually one of your followers and I plan to stick with you, since I belief you are serious traders and I have faith in your ability to generate Alpha, but part of the problem is that it´s hard to have faith in signal providers if most of what you can base your decision on is past results.
I hope you stay, since I think you are one of the better signal providers at the moment, last months have been rough on many people I feel.
I hope you stay, since I think you are one of the better signal providers at the moment, last months have been rough on many people I feel.
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Sep 10, 2015 at 06:25
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I have invested both in John Paul and Lucky Pound. Currently, I am up 5% in 30 days. So far, I am pleased with the results from these two even though John Paul has these 3 open trades for the past 2 weeks. I was up 10% before Lucky Pound made some bad moves which dropped my profits but it has been good so far.
You guys should start off with a small amount and reduce the risk percentage, as you are starting to see results, increase them. You can't judge one of these traders within a few weeks of trading.
You guys should start off with a small amount and reduce the risk percentage, as you are starting to see results, increase them. You can't judge one of these traders within a few weeks of trading.
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Sep 10, 2015 at 12:12
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I saw that, John Paul and Lucky pound were doing great these days but who knows in the coming days. Forex are unpredictable.
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Sep 13, 2015 at 05:53
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I am following JohnPaul77 since it came back to Autotrade. It made 123usd relalized profit and -171usd unrealized profit so far.
But I have to say, that the ranking does not mean anything. I also followed Prestige trader (after a huge drawdown) which made much more profit for me before it left the Autotrade system.
I am also following SPECIAL which does a moderate profit with low drawdowns.
But I have to say, that the ranking does not mean anything. I also followed Prestige trader (after a huge drawdown) which made much more profit for me before it left the Autotrade system.
I am also following SPECIAL which does a moderate profit with low drawdowns.
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Sep 16, 2015 at 13:02
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As of typing now, I see that Lucky Pound has no more open positions, however , when I am looking at mine, it is still running? Am I the only one who is experiencing this?
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Sep 17, 2015 at 07:26
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Hi Molyang, I saw that as well. i was surprised to see the same. hmmmm there must have been something wrong in the system.
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13 ieraksti
Sep 17, 2015 at 08:41
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Hi AlfiePogi, I decided to close all the trades manually last night. Just to be sure, I think we all should monitor it by ourselves from time to time, I'm pretty sure it was a system bug. Anyway, I am also turning off all Autotrade by tonight's US Interest Rate adjustment annoucement.
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Sep 17, 2015 at 12:37
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Hi Molyang how was your autotrade doing? are you most of the time winning or otherwise?
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Sep 17, 2015 at 13:45
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Hi. Not doing very well. But began to be more conservative and less greedy, expensive lesson. Yourself?
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Sep 20, 2015 at 05:56
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Hi all, i've used a demo account with minimal balance 1000, subscribed to 8 systems (top ones, ambush, robin, volatility,lucky pound etc.) with minimal balance indicator at only 4% (high risk). Just after 1 weeks, probably good weeks, the equity is now at 1,200 level.
Link:
https://www.myfxbook.com/members/core9design/bw-test/1365594
I was wondering if i open a real account, would the results be as close as this?... Would usd1000 be sufficient in real account with subscription to 8 systems and such low minimal balance?
Additionally, which brokers would have the least slippage and lowest cost per transactions? ICMarkets, Pepperstone, Tickmill or Tenko?
Link:
https://www.myfxbook.com/members/core9design/bw-test/1365594
I was wondering if i open a real account, would the results be as close as this?... Would usd1000 be sufficient in real account with subscription to 8 systems and such low minimal balance?
Additionally, which brokers would have the least slippage and lowest cost per transactions? ICMarkets, Pepperstone, Tickmill or Tenko?
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Sep 20, 2015 at 05:56
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I dont know how to edit message above,
heres the fixed link
https://www.myfxbook.com/members/core9design/bw-test/1365594
heres the fixed link
https://www.myfxbook.com/members/core9design/bw-test/1365594
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