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Trading manually on Auto Trade

riddelln
Nov 16 2016 at 07:42
3 príspevkov
1. If I have a forex account linked with, and copying, a myfxbook auto trade trader, and I choose to also trade my own separate manual trades on that same account, will a 0.5 pip commission be deducted from my own (successful, winning) manual trades and paid to the Auto Trade provider, even though those winning trades weren't copied from the auto trade provider?

2. If the 0.5 commission is deducted from my own successful trades, is there any way of disabling that for my own manual trades in any way?

thanks

Tiffany (TiffanyK)
Nov 16 2016 at 15:51
427 príspevkov
Regarding question 1 – I think this 0.5 pip commission should not apply to your own manual trades. Because the auto trader is not helping you with anything there.
About question 2 – I don’t know how you can disable this deductions, but you should somehow do it, it is not fair :)

Accept the loss as experience
AliForexTalks
Oct 30 2021 at 13:08
94 príspevkov
Proponents of automated trading argue that this method is superior since it takes irrational human behavior out of the equation. Automated trading is also based on rules and statistics, whereas manual trading may be based more on emotion.

FredJones
Nov 05 2021 at 09:46
11 príspevkov
As a beginner in forex, I would like to know if trading manually on Auto trade is good and what its advantages are for beginners?

LyudmilLukanov
Nov 06 2021 at 15:48
735 príspevkov
Is this provider good? How much do they charge?

SteveHanks
Nov 06 2021 at 17:34
530 príspevkov
FredJones posted:
As a beginner in forex, I would like to know if trading manually on Auto trade is good and what its advantages are for beginners?

I agree with you. Manual trading is better than automatic trading.

dutchy1986
Nov 08 2021 at 16:27
30 príspevkov
riddelln posted:
1. If I have a forex account linked with, and copying, a myfxbook auto trade trader, and I choose to also trade my own separate manual trades on that same account, will a 0.5 pip commission be deducted from my own (successful, winning) manual trades and paid to the Auto Trade provider, even though those winning trades weren't copied from the auto trade provider?

2. If the 0.5 commission is deducted from my own successful trades, is there any way of disabling that for my own manual trades in any way?

thanks
I personally think it gets messy and best to keep separate. You’ll be better positioned to see what’s working and what isnt

SofieAndreasen
Nov 08 2021 at 17:06
736 príspevkov
Is auto trade good? What kind of services do they provide?

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