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Myfxbook Autotrade
in
Galvenais
Jan 27, 2018 at 12:27
Hi - I have asked to be included as an autotrade provider.But I have a concernAs I mainly use pending orders - is it possible that the "following" accounts could be filled on my signal and then actually keep me out of my own trade?On the other hand I hope that the orders would be filled a fraction of a second after my own trade is triggered.
Myfxbook Autotrade
in
Galvenais
Apr 10, 2013 at 18:50
Not every provider will be using an EA - some traders actually use the EA between their ears - unbelievable but true!http://www.myfxbook.com/members/skivers/fxcm-10112423/251861And closing of trades by clients who have no clue how to trade themselves will mean a professional provider would have 90% of their trades closed by the novice client at BE or on the first retrace of price
Myfxbook Autotrade
in
Galvenais
Apr 01, 2013 at 11:39
EthanYou certainly do provide in depth statistics - no argument there.And you may filter out bad systems (I wouldn't know as you've filtered em out)What is left is any mechanism for desperate amateur investors to READ those same statistics. It might be an idea to walk people through some of the stuff they are missing.for instance - on a basic level40% drawdowns - and more!Straight line graphs rocketing upwards - but where the yellow open order graph line dangles menacingly below the red - and is unread - because people see only what they want to see.Risk of ruin disguised by waiting fo...
Myfxbook Autotrade
in
Galvenais
Mar 24, 2013 at 10:52
Nice idea, however I would NEVER trade on a retail MT4 platform - I will only use MT4 for charting.If I read correctly an earlier poster mentioned the lack of allowing a partial close. This limits Autotrades real world usefulness - Not allowing a partial close, assumes a trader who knows what there doing just closes all there position - when, in reality they manage risk fluidly. Just my opinion - but a great idea if you can eventually roll out improvementsStay LuckyL.
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