Myfxbook Autotrade
Membre depuis Jan 23, 2017
posts 13
Oct 12, 2017 at 14:45
I use him for some weeks - he always was good - only now he took the wrong drugs as it seems and so I now kicked him - hoping he is right and USDGBP will drop - otherwise he will ruin my lasts months earning with 2 trades !
technobilder@
Oct 12, 2017 at 14:46
Turtle is martingale and the martingale was triggered today. It is very scary, I will unsubscribe right after these two trades are closed. I did not unsubscribe before because the fear of missing out won the psychological battle to my common sense. Obviously I was very stupid.
forex_trader_430711
Membre depuis May 17, 2017
posts 14
Oct 12, 2017 at 14:47
chanelle2014 posted:
Anyone has experience with Turtle EUR? The negative drawdown is getting huge with big lot trade entered. Please advise. TQ
There are absolutely no good traders on autotrade. Turtle is ok but not even close to being good. The DD right now is much too high, especially if the system makes just 3% per month on average. It is clear that this provider just wants to keep his equity line smooth so he doesnt want to close the losing trades. They may come back but if they dont, the loss will be really big and the account will need months to recover.
Oct 13, 2017 at 08:59
fxgar posted:chanelle2014 posted:
Turtle is ok but not even close to being good. The DD right now is much too high, especially if the system makes just 3% per month on average.
I agree completely. The DD is too high. If it were a 13% drawdown with a average monthly gain of 26%+ okay that would work but a DD of 13% with only an average gain of 3% is a disaster waiting to happen.
Oct 13, 2017 at 09:01
tephra posted:
Go turtle, go turtle.. turn that sad face upside down.. lol
Don't think the strategy made some magic, just some favorable news regarding brexit negotiations. I feel relief but it was just luck, I am done with Turtle. One day sooner or later it will blow up everyone account
Membre depuis Feb 22, 2011
posts 4862
Oct 13, 2017 at 09:29
Guys
BTW what is your expectations for a system to follow it?
I expect low risk, high profit, stability and long history.
But what are the numbers like DD <20%, monthly profit >5%, at least 3, 6 ,12 months history?
BTW what is your expectations for a system to follow it?
I expect low risk, high profit, stability and long history.
But what are the numbers like DD <20%, monthly profit >5%, at least 3, 6 ,12 months history?
Oct 13, 2017 at 12:46
OLSH posted:fxgar posted:chanelle2014 posted:
Turtle is ok but not even close to being good. The DD right now is much too high, especially if the system makes just 3% per month on average.
I agree completely. The DD is too high. If it were a 13% drawdown with a average monthly gain of 26%+ okay that would work but a DD of 13% with only an average gain of 3% is a disaster waiting to happen.
That dd with monthly gain sound almost like my system. But too bad myfxbook is still pending my application to become an autotrade provider. I wish I can help you guys in some ways or another and grow our account together. This is the link to my account.. https://www.myfxbook.com/members/milktm/sgken/2207519
What you do today determine what you become tomorrow
forex_trader_430711
Membre depuis May 17, 2017
posts 14
Oct 15, 2017 at 06:21
What I am looking for is average monthly profit vs max DD has to be around 1:1, no martingale, no scalping, history 6+ months, regulated broker.
If DD is 10% and avg profit is 5% I dont even look at the system. It just doesnt give a good enough return relative to the risk.
If DD is 10% and avg profit is 5% I dont even look at the system. It just doesnt give a good enough return relative to the risk.
forex_trader_430711
Membre depuis May 17, 2017
posts 14
Oct 15, 2017 at 06:22
Agagon posted:tephra posted:
Go turtle, go turtle.. turn that sad face upside down.. lol
Don't think the strategy made some magic, just some favorable news regarding brexit negotiations. I feel relief but it was just luck, I am done with Turtle. One day sooner or later it will blow up everyone account
This was definitely luck which you can not depend on every time in this business. It could have easily gone the other way and the guy would blow most of the account and his subs accounts as well.
I came to AT to see if there are any good systems but there are none, 2 or 3 are average at best and the rest are sub par.
Membre depuis Nov 30, 2016
posts 10
Oct 15, 2017 at 07:10
The DD could be more on Turtle if the market continue move further up without any reversal.
Membre depuis Feb 22, 2011
posts 4862
Oct 15, 2017 at 11:10
spereira posted:Guys
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..?
BTW what is your expectations for a system to follow it?
I expect low risk, high profit, stability and long history.
But what are the numbers like DD <20%, monthly profit >5%, at least 3, 6 ,12 months history?
Oct 15, 2017 at 11:29
milktm posted:
That dd with monthly gain sound almost like my system. But too bad myfxbook is still pending my application to become an autotrade provider. I wish I can help you guys in some ways or another and grow our account together. This is the link to my account.. https://www.myfxbook.com/members/milktm/sgken/2207519
Nice work. Yes, you are on your way and providing what people are looking for. The only thing left as vontogr mentioned is long history. Looking forward to seeing you up on the autotrade list. How long have you been waiting to get confirmed?
togr posted:
Guys
BTW what is your expectations for a system to follow it?
I expect low risk, high profit, stability and long history.
Membre depuis Aug 18, 2017
posts 9
Oct 15, 2017 at 11:36
I'm about to start liveacount autotrading and i have few questions.
1. when i look at lucky pound's page, it says it uses alpari RU as their broker?
Does it mean I can use lucky pound only if i make an account with Alpari?
Or if I use Alpari it will be better than using other brokers because the signal can be copied directly or something?
2. I have a live account with hotforex.. will i be able to use the account to use lucky pound?
Thank you.
1. when i look at lucky pound's page, it says it uses alpari RU as their broker?
Does it mean I can use lucky pound only if i make an account with Alpari?
Or if I use Alpari it will be better than using other brokers because the signal can be copied directly or something?
2. I have a live account with hotforex.. will i be able to use the account to use lucky pound?
Thank you.
Oct 15, 2017 at 13:47
fxgar posted:
What I am looking for is average monthly profit vs max DD has to be around 1:1, no martingale, no scalping, history 6+ months, regulated broker.
If DD is 10% and avg profit is 5% I dont even look at the system. It just doesnt give a good enough return relative to the risk.
I don't think it is realistic to expect a 1:1 ratio average monthly profit vs max DD. The best avg. monthly profit is lucky pound with 7,61 and the best drawdown is Rambo with 5,70, so I am not sure we will be able to find a strategy with such a ratio. fxgar, I am curious, what strategies are you subscribed to? Thx
Oct 15, 2017 at 13:47
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
Oct 15, 2017 at 13:47
jotarobook posted:
I'm about to start liveacount autotrading and i have few questions.
1. when i look at lucky pound's page, it says it uses alpari RU as their broker?
Does it mean I can use lucky pound only if i make an account with Alpari?
Or if I use Alpari it will be better than using other brokers because the signal can be copied directly or something?
2. I have a live account with hotforex.. will i be able to use the account to use lucky pound?
Thank you.
You can use any broker in this list:
https://www.myfxbook.com/autotrade/open-live-account
Oct 15, 2017 at 23:25
OLSH posted:milktm posted:
That dd with monthly gain sound almost like my system. But too bad myfxbook is still pending my application to become an autotrade provider. I wish I can help you guys in some ways or another and grow our account together. This is the link to my account.. https://www.myfxbook.com/members/milktm/sgken/2207519
Nice work. Yes, you are on your way and providing what people are looking for. The only thing left as vontogr mentioned is long history. Looking forward to seeing you up on the autotrade list. How long have you been waiting to get confirmed?togr posted:
Guys
BTW what is your expectations for a system to follow it?
I expect low risk, high profit, stability and long history.
Thank you! What would be the average history an investor look at? 6months? Exactly one month since I applied on 16th sept 2017. Took quite awhile though?
What you do today determine what you become tomorrow
