ATP not taken into consideration on investor accounts.

Created at 05 Mar 2021, 07:32

Joined 05.03.2021

ATP not taken into consideration on investor accounts.
05 Mar 2021, 07:32

Hello all,

I am a strategy provider trading on a funded trading account and my investors include my personal accounts, relatives and friends.

With my trading strategy, for each and every trade, I enter with pre-determined take profits, stop losses, advanced take profit targets and advanced stop losses. In most cases, after entry, I let the trades ride until it stops out. Each trade generally provides me with good profits but in most cases turns into a loss for my copiers.

Why? Because my trading account may hit multiple advanced take profits but then turn around and break even back to zero. As advanced take profits are not triggered on my copiers accounts, when the trade goes back to break-even those accounts end up in a loss, So my account may have ended up thousands of dollars in profit whereas my copiers are at a loss.

So my questions, why aren't advanced take profits taken into account? Am I doing something wrong? As far as I can see, it is just a partial closing of a trade, why aren't these advanced take profits executed on my copiers accounts?

Any help or solutions would be very much appreciated.

Thanks in advance.

@heet007

Replies

PanagiotisCharalampous
05 Mar 2021, 08:51

Hi heet007,

All orders executed on your strategy account should be copied to your followers accounts. If you have specific cases where this did not happen, please share them with us so that we can investigate why this happened.

Best Regards,

Panagiotis

Join us on Telegram

@PanagiotisCharalampous

heet007
05 Mar 2021, 18:00 ( Updated at: 21 Dec 2023, 09:22 )

RE:

PanagiotisCharalampous said:

Hi heet007,

All orders executed on your strategy account should be copied to your followers accounts. If you have specific cases where this did not happen, please share them with us so that we can investigate why this happened.

Best Regards,

Panagiotis

Join us on Telegram

Hi mate,

Thanks for your feedback. I am referring specifically to Advanced Take Profit. I have multiple accounts connected to my strategy and none of them are taking into account these Advanced Take Profit, I can only see profits/losses when the entire trade is closed. This is very obvious as I see my trading account (strategy provider account) increasing in equity as my copiers are not increasing at the same pace with many small losses.

Please confirm we are talking about the same thing and I will provide screenshots as required.

Thanks in advance.

Cheers!

@heet007

PanagiotisCharalampous
08 Mar 2021, 08:42

Hi heet007,

Yes we are talking about the same thing. Can you please provide the screenshots?

Best Regards,

Panagiotis

Join us on Telegram

@PanagiotisCharalampous

heet007
08 Mar 2021, 15:45 ( Updated at: 21 Dec 2023, 09:22 )

RE:

PanagiotisCharalampous said:

Hi heet007,

Yes we are talking about the same thing. Can you please provide the screenshots?

Best Regards,

Panagiotis

Join us on Telegram

Hi,

Thanks for your feedback. I just stopped out of a trade and you can see the behavior from this trade. Below, you can see the strategy provider having a USDCAD trade today which hit TP1 & TP2, then stopped out.

Strategy Proider

In the screenshot below, you can see the copy account, where it only takes profit when the trade is closed.

As mentioned before, you can see the that the strategy provider account took decent profits on this trade, wile the copy account only got profits from 10 pips.

This is only one example, but this is the same behavior for every trade.

Thanks in advance for any feedback or advice you may have.

Cheers

@heet007

Jiri
08 Mar 2021, 16:13

Looks like the copying account is opening the lowest position size possible and therefore cannot be partially closed.

@Jiri

PanagiotisCharalampous
08 Mar 2021, 16:35

Hi heet007,

Jiri is correct. If the position volume cannot be decreased due minimum size limitations, then the partial TP cannot be executed.

Best Regards,

Panagiotis

Join us on Telegram

@PanagiotisCharalampous

heet007
08 Mar 2021, 17:03

RE:

PanagiotisCharalampous said:

Hi heet007,

Jiri is correct. If the position volume cannot be decreased due minimum size limitations, then the partial TP cannot be executed.

Best Regards,

Panagiotis

Join us on Telegram

OK, now that makes sense. So as long as my copy account has enough equity, then it should be taken into consideration.

Thanks to both of you for clarifying.

@heet007

Copyright © 2024 Spotware Systems Ltd. All rights reserved.
The services provided by Spotware Systems Ltd. are not available to citizens or residents of the USA. Neither is the information on our websites directed toward soliciting citizens or residents of the USA.