Sometimes I find myself wanting to get out of a certain position that was opened on AutoTrade, to save my money. But... Maybe the robot knows better than me. Sometimes after closing a position with a small profit, the rest of my orders go into a big negative P/L. Do you think it's better not to close any of my signals' trades?
Hello BonRouge, I am not an expert but probably you shouldn’t close your positions. AutoTrade works on a certain algorithm and when you close one of the orders it has to recalculate everything I suppose…
Accept the loss as experience
Feb 21 2017 at 07:59
I think for something called 'autotrade' in a way you must rely on this form of trading. Otherwise if you are not sure, then do not opt for it.
Feb 28 2017 at 14:42
BonRouge posted:
Sometimes I find myself wanting to get out of a certain position that was opened on AutoTrade, to save my money. But... Maybe the robot knows better than me. Sometimes after closing a position with a small profit, the rest of my orders go into a big negative P/L. Do you think it's better not to close any of my signals' trades?
Hi BonRouge! Maybe it's a bit late to write but I think you should trust this form of trading. You probably do not win in all the shops, I hope the loss is not too significant. Maybe you should know better about the platform you are using for this trade, this way it will be more effective.
Thanks for the input. I've decided to just trust the robots. It's going OK.
Feb 28 2017 at 15:33
BonRouge posted:
Thanks for the input. I've decided to just trust the robots. It's going OK.
Success my friend! 😉
Nice to see that, I have already got your answer there! That’s the power of this community! In my early stage of trading I have learned a lot from this popular community! In addition, right now I am here, for helping novice traders according to my personal trading knowledge and experience!
AmDiab posted:
Nice to see that, I have already got your answer there! That’s the power of this community! In my early stage of trading I have learned a lot from this popular community! In addition, right now I am here, for helping novice traders according to my personal trading knowledge and experience!
I appreciate your plan on Forex community! By the way, I am interested to know your opinion on fixed trading strategy? 1 more question, what’s the name of your current trading strategy please??
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