Hi all,
You could know me already, after a long absence I am back
First I am real guy, with a family, two kids, offline job and a cat. I was always interested in trading, and heard about Forex first time ~12 years ago. I tried myself in few real accounts with forex and stocks trading, unfortunately without profit. My main fault is discipline, I was not able to manage trades with frozen heart. As other 99% newbies I also failed to keep good trade long enough and cut loses fast.
I heard about autotrade with myfxbook some time ago, but a year ago I created a test account with 1000 USD and add few systems to it. I was looking to them from time to time, but finally left only one autotrade system on it. And, after a year it produced +100% , Ive got 2k USD on test account.
That made me impressed with autotrade at myfxbook, the system was clean and understandable. I was able to get full trading history from test account. It was really acting like a real one with open/close price, lots, stop-loss and take profits.
The guy from autotrade system was making money week after week, so I decided to open real account with him.
That was done, so my investment history starts July 14, 2016. That is initial start date it begins, started with $1044 amount.
As of now almost three months finished, what are the results? As of today (09 Oct 2016) I am:
+18.87% , or +$197 .
The account has been linked to Trade Explorer here at FF. You can check all history right here.
Brief history:
The start was not good. Right after creating deposit I add two autotrade system one that I test full year and I trust it. And another one that was showing great profit results for past two weeks. The second autotrade generated most drowdown at the begining. Indeed, it was a bit impetuous from my side adding not tested autotrade system, and as a result it cost me -$60. Interesting is that after I removed it from my autotrade account the system has been removed from myfxbook completely as account holder closed his account. Lesson learned, ok.
Now, some questions and answers:
How many autotrade systems my account is subscribed?
Just one! Not sure if it's Ok to share it with FF... I hope it is
Do I trust this guy?
Not for 100% !
I still do not like opening multiple trades same direction on same pair. This is not martingale in classic understanding, but it makes me worry. That is why I close part of his trades manually when I see it goes + some pips. The big advantege is that he always use take profit and stop loss for all his trades. It says technical,automated in autotrade system description, maybe that is why I do not trust it blindly.
Am I comfurtable with it?
Yes.
Should I diversify? Should I add more autotrade systems to it?
All books and every investor will say yes sure. But, hell NO! Other systems are just loosing money, I will better stay with this single guy for as long as possible!
Why I am doing this all?
I always liked helping people. In 2008 I started non-profitable website about trading using volumes from CME website. The site is still available and some traders use it. I enjoy when people says Thank you to me, this makes me crazy about doing more and more. Even more then real profits.
If you are interested in newbie investment online - follow this thread.
I have got this thread created right from trading explorer page, if that is wrong forum please move it to right one.
You could know me already, after a long absence I am back
First I am real guy, with a family, two kids, offline job and a cat. I was always interested in trading, and heard about Forex first time ~12 years ago. I tried myself in few real accounts with forex and stocks trading, unfortunately without profit. My main fault is discipline, I was not able to manage trades with frozen heart. As other 99% newbies I also failed to keep good trade long enough and cut loses fast.
I heard about autotrade with myfxbook some time ago, but a year ago I created a test account with 1000 USD and add few systems to it. I was looking to them from time to time, but finally left only one autotrade system on it. And, after a year it produced +100% , Ive got 2k USD on test account.
That made me impressed with autotrade at myfxbook, the system was clean and understandable. I was able to get full trading history from test account. It was really acting like a real one with open/close price, lots, stop-loss and take profits.
The guy from autotrade system was making money week after week, so I decided to open real account with him.
That was done, so my investment history starts July 14, 2016. That is initial start date it begins, started with $1044 amount.
As of now almost three months finished, what are the results? As of today (09 Oct 2016) I am:
+18.87% , or +$197 .
The account has been linked to Trade Explorer here at FF. You can check all history right here.
Brief history:
The start was not good. Right after creating deposit I add two autotrade system one that I test full year and I trust it. And another one that was showing great profit results for past two weeks. The second autotrade generated most drowdown at the begining. Indeed, it was a bit impetuous from my side adding not tested autotrade system, and as a result it cost me -$60. Interesting is that after I removed it from my autotrade account the system has been removed from myfxbook completely as account holder closed his account. Lesson learned, ok.
Now, some questions and answers:
How many autotrade systems my account is subscribed?
Just one! Not sure if it's Ok to share it with FF... I hope it is
Do I trust this guy?
Not for 100% !
I still do not like opening multiple trades same direction on same pair. This is not martingale in classic understanding, but it makes me worry. That is why I close part of his trades manually when I see it goes + some pips. The big advantege is that he always use take profit and stop loss for all his trades. It says technical,automated in autotrade system description, maybe that is why I do not trust it blindly.
Am I comfurtable with it?
Yes.
Should I diversify? Should I add more autotrade systems to it?
All books and every investor will say yes sure. But, hell NO! Other systems are just loosing money, I will better stay with this single guy for as long as possible!
Why I am doing this all?
I always liked helping people. In 2008 I started non-profitable website about trading using volumes from CME website. The site is still available and some traders use it. I enjoy when people says Thank you to me, this makes me crazy about doing more and more. Even more then real profits.
If you are interested in newbie investment online - follow this thread.
I have got this thread created right from trading explorer page, if that is wrong forum please move it to right one.
