Myfxbook Autotrade

Mar 06, 2013 at 06:51
60,658 Zobrazení
936 Replies
Členom od Feb 17, 2012   6 príspevkov
Oct 17, 2017 at 14:29
jotarobook posted:
ok thank you for the info Agagon..

I wonder if anyone has seen or been using it?
http://www.signalstart.com/analysis/Fourier%20Transform%20Management/18717

DD may be big but if you adjust your lot size/risk, it seems still very profitable..

it's been working more than a year, is it too short? is there any problem with this signal?


This system is the same as D Z Rosamunde on MQL5 ... He has lost 50% of his subscribers the last 1 - 2 month. Totaly high risk, and almost impossible to copy (read the reviews)

Členom od Nov 30, 2009   135 príspevkov
Oct 18, 2017 at 06:46
Agagon posted:
spereira posted:
I also have a feeling that providers are not very good...so the question is where can we find decent providers, since from what I have seen in MQL5, is pretty awfull in general..?


Agree, I dont think there is a huge difference between myfxbook and any other social trading network. What makes the difference are the signal providers. Anyone here using other signal service could share his experience?

Thanks


I recommend Darwinex where you can find better quality strategies for long term investments.
exquisite entries with calculated exits
Členom od Mar 21, 2017   23 príspevkov
Oct 18, 2017 at 06:58
pmks1 posted:
jotarobook posted:
ok thank you for the info Agagon..

I wonder if anyone has seen or been using it?
http://www.signalstart.com/analysis/Fourier%20Transform%20Management/18717

DD may be big but if you adjust your lot size/risk, it seems still very profitable..

it's been working more than a year, is it too short? is there any problem with this signal?


This system is the same as D Z Rosamunde on MQL5 ... He has lost 50% of his subscribers the last 1 - 2 month. Totaly high risk, and almost impossible to copy (read the reviews)



Hi pmks,

Have you ever subscribed to the signal? It's on my watch list on Signal Start but am wary due to some of the comments.

It seems reasonable to have one negative month after a 18 months of trading, with a known broker and has a sizeable account. But the EUR/ZAR style trades seem to be an issue. The connection on Signal Start would hopefully avoid some of the slippage issues.

Will carry on monitoring but the signal price isn't cheap so am hesitant to join atm.

Cheers

Russell

Členom od Feb 17, 2012   6 príspevkov
Oct 18, 2017 at 14:52




Hi pmks,

Have you ever subscribed to the signal? It's on my watch list on Signal Start but am wary due to some of the comments.

It seems reasonable to have one negative month after a 18 months of trading, with a known broker and has a sizeable account. But the EUR/ZAR style trades seem to be an issue. The connection on Signal Start would hopefully avoid some of the slippage issues.

Will carry on monitoring but the signal price isn't cheap so am hesitant to join atm.

Cheers

Russell



Hi Rustyiron,

No i have not subscribed to it but monitored it for a longer time. I think the fact that he has lost 50% of his subscribers is a very bad sign. And if you look at his risk profile there is one time where he basically have loaded with 100% risk. He was lucky he got out on profit, but i would not consider him anymore. Another warning thing is that he operates on a different names ... those things worries me, - but f you one day subscribe please keep us updated here ...
Členom od Oct 19, 2017   11 príspevkov
Oct 19, 2017 at 14:31
Is there a way to follow but reject all EUR/ZAR trades?
Členom od Mar 20, 2011   39 príspevkov
Oct 21, 2017 at 04:09
@Snorre if you go to the provider under subscribed systems click on the "gear icon" on the right you'll see "Symbol Ignore List" you can select what to follow or not. there are additional setting options as well.
Členom od Aug 18, 2017   8 príspevkov
Oct 22, 2017 at 06:51
thank you for your answer pmks1.
pretty weird as soon as i asked a question about fourier, fourier had biggest DD of their history.
is it a coincidence?! is someone watching me?! 😁
also D Z Rosamunde is now disabled.

you said that he has lost 50% of his subsribers in this 1-2months? why did they unsubscribe? seems strange they luckily unsubscribed before this happened.

also 41799 is in funeral now.. though they were doing pretty good.
cloudinvest, i thought they were good, nice profit for more than 2years but they are also in funeral.

is it natural or was the market crazy?
Členom od Aug 18, 2017   8 príspevkov
Oct 22, 2017 at 06:51
luckypound didn't trade once last week.. what kind of strategy does it use? smart move.
seems like it doesn't trade for long time sometimes. in august, from 8th to 25th, no trade.

ninjatrainer made big DD. scorpion also, in august.

it's just that some strategy that had been making good profit for 2years(like cloudinvest) can fail is surprise to me.
i wasn't expecting much from 41799 though. i would subscribe when a system is more than 1year old.
Členom od Mar 02, 2016   23 príspevkov
Oct 26, 2017 at 06:27
Anyone using SFE Price Action could share his experience? In particular period, avg. monthly gain, expectancy and average slippage..

It meets my criteria but it feels like it places too many trades so any small deviation real expectancy vs. provider expectancy because of slippage or missing trades would have a massive impact.

thanks
Členom od Jun 21, 2017   4 príspevkov
Oct 26, 2017 at 07:07
There is a thread on Donna's forum discussing SFE Price Action - you may want to check there.
Členom od Mar 02, 2016   23 príspevkov
Oct 26, 2017 at 14:21
maximg posted:
There is a thread on Donna's forum discussing SFE Price Action - you may want to check there.

Thanks
Členom od Apr 23, 2017   17 príspevkov
Oct 26, 2017 at 14:30
figures... the moment i start following luckypound he makes big losses...
fxgar
forex_trader_430711
Členom od May 17, 2017   14 príspevkov
Oct 27, 2017 at 10:14
tephra posted:
figures... the moment i start following luckypound he makes big losses...


Thats because you guys keep insisting to invest with these amateur traders. I have been saying this on here for a while. You may make some money with Autotrade but overall its terrible and you risk too much to get that 1 or 2% monthly. You are much better off looking for a manager which is not on Autotrade. They do exist...
Členom od Oct 25, 2009   80 príspevkov
Oct 27, 2017 at 18:16
Am I the only one that got A LOT of missing trades on SFE Price Action?

This week (Oct 20-27), SFE had 168 trades, but I only got 30. SFE made 5231 pips, I made -9.9 pips. WTF? My broker is IC Markets.
Whoever said money can't buy happiness didn't know where to shop.
Členom od Aug 07, 2011   78 príspevkov
Oct 28, 2017 at 14:54
trade the mql5 signal from the author or better: buy/rent the ea. it's 1000 times better than this autotrade bs.
Členom od Mar 02, 2016   23 príspevkov
Oct 29, 2017 at 07:22
chanelle2014 posted:
Anyone trading with Atlas here? Do you copy TP/SL?

I always got missed trades or trades SL on my account but TP on Atlas account. AT seems not working right.

Please advise.


Do something: Calculate its expectancy excluding XAUUSD and compare vs. the "official" expectancy. Then check if the pips calculated for XAUUSD and so ita the expectancy looks reasonable. You will understand why you are losing money with Atlas....
Členom od Dec 24, 2015   2 príspevkov
Oct 29, 2017 at 07:23
Thats because you guys keep insisting to invest with these amateur traders. I have been saying this on here for a while. You may make some money with Autotrade but overall its terrible and you risk too much to get that 1 or 2% monthly. You are much better off looking for a manager which is not on Autotrade. They do exist...

I disagree about lucky pound. I have been using it since the beginning of the year and have made 30% on my live account. Doesbn´t look like amateur at all.
AGC
Členom od Mar 15, 2017   16 príspevkov
Oct 29, 2017 at 07:42
I'm facing the exact same issue. The good trades are missed while the bad ones you certainly get the signal...
perhaps this has to do with the slippage definitions...but if you are too generous on the slippage allowance you end up not gaining anything since the slippage kills you pip expectancy if you are very strict you end up missing the good trades.
As times goes by my skepticism about the system is increasing. It all looks great on paper and in the simulation. the reality though is that many issues affect the possible performance you obtain using AT. I will carry on for more 2-9 months and then I will come to a conclusion about if it is even worth trying.
Long term
Členom od Mar 15, 2017   16 príspevkov
Oct 29, 2017 at 08:10
snowy posted:
trade the mql5 signal from the author or better: buy/rent the ea. it's 1000 times better than this autotrade bs.

It "only" costs 180 USD per month. So yes if you are trading serious amounts of Money that would be a better option.
Long term
Členom od Dec 25, 2015   3 príspevkov
Oct 29, 2017 at 08:22
snowy posted:
trade the mql5 signal from the author or better: buy/rent the ea. it's 1000 times better than this autotrade bs.

Did you find, do you know these signals or EA's for for example: Lucy pound, Momentum EA, Scorpion?? How do you find out?
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