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Copy trading
Členem od May 15, 2024
26 příspěvků
Aug 27 at 17:38
Členem od May 15, 2024
26 příspěvků
Good day all, if i may intervene here - our setup uses PAMM accounts for our clients and they are very happy with the setup. I find it easier to manage the lot size of the EA rather than having to setup different positions for each client through copy trading. that's a personal opinion and from my experience, i prefer PAMM setup
Let the pros do the work for you!
Členem od Aug 13, 2024
34 příspěvků
Aug 28 at 06:35
Členem od Aug 13, 2024
34 příspěvků
DayTrading_ posted:Good point! PAMM accounts definitely make managing multiple clients more streamlined. It’s a solid choice if you want to keep things simple and efficient. How do you find the performance consistency with PAMM compared to copy trading?
Good day all, if i may intervene here - our setup uses PAMM accounts for our clients and they are very happy with the setup. I find it easier to manage the lot size of the EA rather than having to setup different positions for each client through copy trading. that's a personal opinion and from my experience, i prefer PAMM setup
Členem od May 15, 2024
26 příspěvků
Aug 28 at 06:43
Členem od May 15, 2024
26 příspěvků
winstartoday69 posted:To be honest we have found difficulties in managing copy trading accounts due to the setup of our EA. unfortunately our EA doesn’t work via equity based. Meaning that if a client has $1,000 and opens 0.01 lot size and another client with $10,000 needs to open 10x bigger I.e. 0.10 lots. The bigger account will be overleveraged for sure. So we recommend to our clients to enter our PAMM setup which is much easier to manage in terms of lot size to equity size.DayTrading_ posted:Good point! PAMM accounts definitely make managing multiple clients more streamlined. It’s a solid choice if you want to keep things simple and efficient. How do you find the performance consistency with PAMM compared to copy trading?
Good day all, if i may intervene here - our setup uses PAMM accounts for our clients and they are very happy with the setup. I find it easier to manage the lot size of the EA rather than having to setup different positions for each client through copy trading. that's a personal opinion and from my experience, i prefer PAMM setup
Thank you and kind regards
Let the pros do the work for you!
Členem od Sep 02, 2024
13 příspěvků
Sep 02 at 16:49
Členem od Sep 02, 2024
13 příspěvků
johnbgoode posted:There are plenty of copy traders / trade copiers in the market now.
If someone is copy trading from me can they create a system which automatically enters trades for them, not manually?
Can they also alter the lot size to suit their account size?
Live to trade another day
Členem od Aug 13, 2024
34 příspěvků
Sep 17 at 09:22
Členem od Aug 13, 2024
34 příspěvků
DayTrading_ posted:Got it, that makes sense. Sounds like the PAMM setup solves the lot size issue pretty well, especially with the equity-based challenge you're facing in copy trading. It’s definitely easier to keep things balanced without worrying about overleveraging. Do you think you'd ever tweak the EA to work better with copy trading, or are you sticking to PAMM for the long haul?winstartoday69 posted:To be honest we have found difficulties in managing copy trading accounts due to the setup of our EA. unfortunately our EA doesn’t work via equity based. Meaning that if a client has $1,000 and opens 0.01 lot size and another client with $10,000 needs to open 10x bigger I.e. 0.10 lots. The bigger account will be overleveraged for sure. So we recommend to our clients to enter our PAMM setup which is much easier to manage in terms of lot size to equity size.DayTrading_ posted:Good point! PAMM accounts definitely make managing multiple clients more streamlined. It’s a solid choice if you want to keep things simple and efficient. How do you find the performance consistency with PAMM compared to copy trading?
Good day all, if i may intervene here - our setup uses PAMM accounts for our clients and they are very happy with the setup. I find it easier to manage the lot size of the EA rather than having to setup different positions for each client through copy trading. that's a personal opinion and from my experience, i prefer PAMM setup
Thank you and kind regards
Členem od May 15, 2024
26 příspěvků
Sep 17 at 09:41
Členem od May 15, 2024
26 příspěvků
We are more than willing to open ourselves through copy trading, which we have setup already through MQL5. The importance though of equity to copy amount is of paramount importance and the investor must be aware that the risk ratio is not the same when following. Thank you!
Let the pros do the work for you!
Členem od Sep 21, 2024
3 příspěvků
Sep 21 at 14:11
Členem od Sep 21, 2024
3 příspěvků
Such systems are easily programmed. EA`s exist for some time.
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