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Posts by
bistro
Project 500 pips a month
in
Trading Systems
Jun 20, 2013 at 09:27
I'll see you at the pearly gates shortly.
Project 500 pips a month
in
Trading Systems
Jun 10, 2013 at 11:49
Project 500 pips now has 12 open trades in my list and 5534 pips in the red while their chart still looks wonderful.
Project 500 pips a month
in
Trading Systems
Jun 06, 2013 at 12:07
You said you'd be concerned when equity loss triples ? We are now at that point !
Project 500 pips a month
in
Trading Systems
Jun 05, 2013 at 07:42
I see what you mean, equity loss has doubled...
Project 500 pips a month
in
Trading Systems
Jun 04, 2013 at 22:18
This is what I was trying to point out too. Even though I've seen trades close afterwards, the 500 pips chart is still stuck at May 23 showing a great curve while my corresponding open trades date back to May 8 and are currently causing $130 equity loss. Why aren't these results showing up on their chart?
Project 500 pips a month
in
Trading Systems
Jun 03, 2013 at 11:17
Project 500 pips and its logo disappeared out of my OpenTrades list. All it says now is "Manual Trades (15)" with padlocks where lots and open price should be. Still no chart update since May 23.http://www.myfxbook.com/members/myfxpedia/project-500-pips-month/420510
Project 500 pips a month
in
Trading Systems
May 30, 2013 at 07:58
Mine was an IF... THEN... statement.I also said there's been no chart update since May 23 while open trades are kept private. So, as a result, it's (purposely?) hard to determine if there's a problem. All in all not as transparent as AutoTraders would wish for I think.In my list, Project 500 pips last closed EURAUD with a loss on May 29... why the chart didn't show this I don't know.
Project 500 pips a month
in
Trading Systems
May 30, 2013 at 06:44
My post was a response to beren and focussed soley on how Project 500 pips is currently made available to MyFxBook's new AutoTrade function. Comparing to other sources is not much comfort to those that have invested here using this method. You wont know what I mean unless you actually have an AutoTrade account at MyFxBook and are subscribed to Project 500 pips. If Project 500 pips continues to chart profits while its subscribed AutoTraders at MyFxBook are losing, then that would be a clear signal to leave. However, as yet, there's been no update.
Project 500 pips a month
in
Trading Systems
May 29, 2013 at 21:22
I think most AutoTraders will use the chart when deciding to subscribe to a system. Looking at the attachment you can see the last chart update was from May 23 (today is the 29th). No recent trading results are shown, neither from today nor this week and open trades are private. This makes everything look misleadingly rosy while there are trades still open e.g. all the way back to the 8th.
Project 500 pips a month
in
Trading Systems
May 29, 2013 at 10:45
Same here. Last chart update from this system is May 23. Since then it seems to be losing.
Antares
in
Trading Systems
May 16, 2013 at 14:53
For me this was jumping up and down between $50-$120 in the red, so I opted for the $50 and ran. Need to keep reminding myself, if something looks too good to be true, it usually is.
Antares
in
Trading Systems
May 16, 2013 at 05:41
I may regret it, but I want some of my equity back before I jump off the bandwagon. What annoys me is not so much the type of system, but the fact that part of it, i.e. the bad part, is being kept in the dark - kinda defeats the whole idea of MyFxBook's AutoTrade.
Antares
in
Trading Systems
May 15, 2013 at 18:18
I'm gonna take a wild guess and say they get some of the spread, but I'm just a noob.
Antares
in
Trading Systems
May 15, 2013 at 18:18
Long time indeed for a scalper. I've seen this type of trading before with Forex Envy, I'm starting to wonder whether it was the right pick...Not sure why MyFxBook is not being updated with Antares current trades. I've now attached my own MT4 for live results.
Antares
in
Trading Systems
May 15, 2013 at 16:21
When you subscribe to (copy) a system you can set a what they call a "multiplier" which can reduce/increase the risk. There are also other "General Trading Settings" where you can stop or limit trades and losses. As for Antares, it's not doing well for me at this time.
Antares
in
Trading Systems
May 15, 2013 at 08:42
MyFXBook's AutoTrade requires you to sign up with FXCM (currently the only supported broker) who want a minimum deposit of $1000.
Antares
in
Trading Systems
May 14, 2013 at 19:04
Indeed... trying to PM Pinktree doesn't work for me either.
Antares
in
Trading Systems
May 13, 2013 at 05:59
Gonna give you a try, cross fingers 😲 hopefully fxcm spreads allow for your scalps.
Myfxbook Autotrade
in
General
May 10, 2013 at 10:23
Hi there,Can we have some AutoTrade Widgets ?You know, like what you see when you Click AutoTrade -> (Wait for Data) -> Click Manage -> (Wait for Data) > Live: Equity / Balance / Floating PL / Open Orders / Open Tradescheers
Myfxbook Autotrade
in
General
May 07, 2013 at 15:05
Opening an FXCM account via MyFxBook AutoTrade gets you their basic NDD account. Have you folks seen the spread pricing for that?http://www.fxcm.com/advantages/forex-spreads-pricing/The spread prices are so high that a few EAs will probably trip up.If FXCM stays the only supported broker, I recommend that MyFxBook use their influence to try and get everyone they introduce to FXCM the ACTIVE TRADER rates which are a lot lower.Alternatively, I'd like to see a broker like Armarda Markets (no I'm not trying to advertise) which has much tighter spreads here:http://www.armadamarkets.com/fx-t...
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