Hiding of Open trades from provider's account ENDANGER an investor

Created at 20 Jun 2021, 03:12
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Athena's avatar

Athena

Joined 10.11.2020

Hiding of Open trades from provider's account ENDANGER an investor
20 Jun 2021, 03:12


Hi since ctrader copy introduce allowing provider to hide trades, its been very difficult for a subscriber to even know whether there are MANY NEGATIVE open trades that might be near to stop out/over certain percentage of drawdown. Similarly its also dangerous for investor to invest when open trades are hugely profitable that meant it might be close off by provider in next instance

There is no issue to introduce hiding of open trades. Rather please display total floating amounts even when trades are hidden to allow investors to know for sure whether they are getting into either of these possibilities, and to also display the current provider's equity so that such indication combined is enough for investor to make a more informed choice. Below is from mql, note that equity is displayed and floating profit/loss is also displayed. In addition if provider has positive floating there is warning and investor can choose to synch later.  Ctrader is not mql, picture is just similar functionality to hide open trades

 


cTrader Copy
@Athena
Replies

TheMC
02 Aug 2021, 19:14 ( Updated at: 21 Dec 2023, 09:22 )

RE:

SmallStep said:

Hi since ctrader copy introduce allowing provider to hide trades, its been very difficult for a subscriber to even know whether there are MANY NEGATIVE open trades that might be near to stop out/over certain percentage of drawdown. Similarly its also dangerous for investor to invest when open trades are hugely profitable that meant it might be close off by provider in next instance

There is no issue to introduce hiding of open trades. Rather please display total floating amounts even when trades are hidden to allow investors to know for sure whether they are getting into either of these possibilities, and to also display the current provider's equity so that such indication combined is enough for investor to make a more informed choice. Below is from mql, note that equity is displayed and floating profit/loss is also displayed. In addition if provider has positive floating there is warning and investor can choose to synch later.  Ctrader is not mql, picture is just similar functionality to hide open trades

 

Hi, I think that of many features that should be included, this one could have been avoided.
I, as an investor, require to know, especially in the event of a drawdown which assets a supplier is working on and if he is trading or using martingale.


@TheMC

PanagiotisCharalampous
03 Aug 2021, 08:16

Hi TheMC,

This feature has been requested by many strategy providers and it is understandable that many providers don't want to disclose their open trades. If you do not feel comfortable following such strategies, then just avoid them.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

 


@PanagiotisCharalampous

TheMC
03 Aug 2021, 10:17

RE:

PanagiotisCharalampous said:

Hi TheMC,

This feature has been requested by many strategy providers and it is understandable that many providers don't want to disclose their open trades. If you do not feel comfortable following such strategies, then just avoid them.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

 

Hi Panagiotis,
Thanks for the reply.
I understand the point of view of the providers, but I think it is necessary to protect also (and above all) the investors. I think it would be okay to hide positions only from demo copy.
Regards.


@TheMC

PanagiotisCharalampous
03 Aug 2021, 10:27

Hi TheMC,

As explained above, If you do not feel comfortable following such strategies, then just avoid them. However, there are strategy providers that require such a feature and investors that do not have a problem with this. There is no reason to forbid the two parties from engaging in such a relationship, just because some other investors don't like it.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook


@PanagiotisCharalampous