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Myfxbook Autotrade experience
på
Erfaren Traders
Sep 26, 2015 at 15:45
I wonder how many subscribers are live and demo. Maybe an autotrade provider and shed some light on this?
I have great trading skills but I lost million dollars...
på
Erfaren Traders
Sep 21, 2015 at 10:18
Trolling*
I have great trading skills but I lost million dollars...
på
Erfaren Traders
Sep 21, 2015 at 10:18
@fxrider888 no offense, but are you rolling? Your own account is -50% with 60% drawdown.
I have great trading skills but I lost million dollars...
på
Erfaren Traders
Sep 21, 2015 at 06:25
For example, do you notice the added latency when you execute market order on metatrader if you haven't executed one in past xxx seconds? (there is the settings in the bridges, I think) It will check your credentials again if you were timed out for not executing a trade in past xxx seconds, and just this adds latency and slippage to your trades. That's why it is normal to not get the price you see on metatrader, because by then the price has moved already.I am not a developer, I was a metatrader too but I did some research as to how it functions as a platform, the software is 10 years ...
I have great trading skills but I lost million dollars...
på
Erfaren Traders
Sep 21, 2015 at 06:25
Metatrader for its technical flaws in its design, it was not designed for DMA even with STP bridges. Slow executes, default slippage because of added latency of how its designed, requotes etc..FXCM, well as long as you are happy with it, that's fine. Just saying there are better alternatives out there.
Brokers and true ECN brokers
på
Nya Handlare
Sep 20, 2015 at 08:34
True ECN doesn't use metatrader. Just saying.
I have great trading skills but I lost million dollars...
på
Erfaren Traders
Sep 20, 2015 at 08:34
Without risk management, you are no different than a gambler. You are not a trader.And btw you are using metatrader and FXCM, enough said.
forex leopard
på
Trading System
Sep 18, 2015 at 08:20
Myfxbook has a bug that treats withdrawal as deposit on ctrader. Hope staff will address the issue soon. Thanks
forex leopard
på
Trading System
Sep 16, 2015 at 17:26
Ok, I am going to close my last position soon and wait for the Fed decision tomorrow. Will not open any more positions before then, as I don't see the point to expose to the risk for uncertainty.
Elliott Wave Analysis of USD/CAD
på
Erfaren Traders
Sep 13, 2015 at 06:04
This pair is a tough one. I suspect it will make one more move higher, breaking the current resistances and then the CAD making a comeback then.
GOLD!!!
på
Nya Handlare
Sep 13, 2015 at 06:03
I don't recommend trading Gold if you are a new trader.
who can trade with support and resistance area???
på
Nya Handlare
Sep 13, 2015 at 06:03
Friendly reminder: You never trade on a pair base on its own support resistance, look for its cross pairs and correlation pairs as well.
Looking to find trading buddies with similar strategy, Manual Price actions
på
Erfaren Traders
Sep 13, 2015 at 06:03
@Phaneron yea that's the thing. I had a lot of problems with them before the switch. Requotes, spreads were not good, slow executions etc.. I have heard good things about them now but I would not be going back to FXCM anymore. @jasonrogers Appreciate your comment and assistance, and I wish FXCM a success with the switch of business model.
lost
på
Nya Handlare
Sep 13, 2015 at 06:03
Sorry to hear that, but if you have no idea what you are doing. Probably best not to trade forex at all. The odds are against you and you most probably gonna lose everything you deposit. If you can find a good mentor, then you might have a chance. But again, most courses online are BS. So you need to be very careful and educate yourself about forex. I have been in the business for years and I am still learning, everyday. Good luck!
Why 90% of retail traders fail...
på
Nya Handlare
Sep 13, 2015 at 06:03
over leverage, no tracking of performance, trade on emotions.
Can forex trading make you rich ?
på
Allmänt
Sep 13, 2015 at 05:54
yes, but not overnight.
What is your daily target??
på
Erfaren Traders
Sep 12, 2015 at 11:30
soft daily target 3%
forex leopard
på
Trading System
Sep 12, 2015 at 10:36
This week is quiet before the storm. Next week is going to be a wild one. So I will be extra careful with my positions and lot sizes.
forex leopard
på
Trading System
Sep 10, 2015 at 07:24
Hey, thanks for your insight. Yea I know about the expiration on limit orders but for me, I don't want to put back those orders on Monday again. ;) So easier just empty my account after done trading on Friday so I can go relax and enjoy the weekend.
forex leopard
på
Trading System
Sep 10, 2015 at 04:08
Great! Thanks for the support. I will kindly ask myfxbook staff to clarify on my sharpe ratio when I join autotrade. It's a good practice to have no trades hold during weekend. And I did have a few limit orders executed and closed (in losses of course) just minutes before the friday close because of spreads widen like insane during the last minutes. And I am lazy to remove the limit orders, so I just use the fxpro vault function, which is a nice feature.
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