My strategies are now on Tradency’s FX-Auto
Feb 19, 2010
Few weeks ago I posted that I started the process of reviewing my strategies by Tradency, to get them live at their autotrade platform, FX-Auto. Yesterday finally I got the approval and you can autotrade some of my strategies through them right now (you can find link on the right sidebar). There are some limitations on autotrading platforms, and in general their profits are smaller than I see on my accounts (they do not copy trades 1:1 and thus degrading performance), yet you can start trading them in minutes, without additional investments.
Comments: 4
4 comments
Eric
May 21, 2010
14:21:42
Hello Kamil,
I had a look on tradendy and Nostress & Stressfree strategies were not profitable at all. Maybe because they had to tun on a single currency instead of a multi-currencies basket?
I found no trace of Libra.
BTW this tradency website terribly slows down my computer.
admin
May 21, 2010
14:35:56
Eric, indeed Tradency has a serious flaw – it always copies trades with fixed lot size. The strategies you mentioned use variable lot size, so e.g. if there is one trade 0.1 lot at -100 pips, second trade with 0.2 lots at +100 pips, I have some profit. But Tradency copies both these trades as 0.1, so they are breakeven at best. In general, this problem is turning my strategies into heavily losing ones, unfortunately
I was talking with them, they are aware of that, but they say that it is safer for end user to be this way. Yeah, right.
Eric
May 22, 2010
12:50:45
Hi Kamil,
thanks for your answer. What about zulu trade? Do they have similar flaws with lot size?
admin
May 22, 2010
13:57:37
Unfortunately, yes, too
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