Topics
Replies
danishiam1
24 Mar 2021, 23:02
Copy Cats out of control
Dear Mr. PanagiotisCharalampous
Any update of when we will be able to see the above mentioned option?
@danishiam1
danishiam1
15 Mar 2021, 22:05
RE: RE:
georgebachour95 said:
Chartist said:
I'm so sick and tired of seeing people blaming cTrader. cTrader does provide ALL the tools needed to evaluate a strategy provider. thuthach97148 wasn't even trading for two weeks! Do you really think only a few days of trading history is enough to determine whether a trader actually knows what he/she is doing? Do you really think it's possible to get a 5000% return in 10 days? Did you think it's OK if a strategy provider has an 80% equity drawdown every other day? I bet you were deciding what colour of Lamborghini you were going to get in 3 months after investing $1000.
Well, no not really. I wasn't expecting a 5000% return, I copied the guy from my demo two days into his strategy and it seemed like he knew what he's doing. At times he'd be down 30% on the day and make it back before the day ends. Anything he did before today made a lot of sense as I was following up with his trades with my own analysis. I work 13 hours a day and I don't get the chance to day trade and this feature looked like it'd help me make some passive income. It's just messed up that my stop loss on the copy didn't trigger. This just made me think that just like they have a stop out feature on trades, they should have the same on volatile copies like this one..
I couldn't find any decent ones to copy anyway, the phone app doesn't really have a way to filter out accounts and it's tedious to have to go through each and every one, specially that they're all similar this early on.
Search W.D.H.L.S
i wont say copy :D . keep this in your favourites. to check how this 1 goes
@danishiam1
danishiam1
15 Mar 2021, 22:03
RE: RE: RE:
Professional said:
arunsub321 said:
PanagiotisCharalampous said:
Hi Professional,
The next version of cTrader Copy will have an additional option in that drawdown list where the strategy provider will be able to hide the open positions from everybody. Therefore to change these conditions a restart of the strategy will be required.
Best Regards,
Panagiotis
not cool...how will we know when to stop copying positions from providers when they make clearly poor trades ? example: trading on red bar news !!
I totally agree with arunsub321 .
Live copier must know about open positions. cTrader should make a change in strategy settings the way so we the Strategy providers can change the settings to: Only show positions to live copiers
Me as a strategy provider would very much appreciate this. What we really want is to hide our open positions to non copiers and our demo copiers. This is because some demo copiers (copy cats) only copy us so they can watch when we open any new positions and then they open their own strategy with exact positions that we opened. They are stealing money from us. It's kind of ironic. We must allow others to demo copy us, because they have different brokers and results of us copying are different, so they must demo copy us firs to test if they are even making profit and so on..
My biggest wish is so I can change my strategy settings - Show Positions to : Only my live copiers
With Respect to all others. I would not want any1 to see my trades. Strategy provider should inform the copiers of the max expected drawdown. I have worked hard to trade successfully and my strategy protects my account. i would inform all my copiers that they should set a hard stop at a certain level so if the Equity is going down my stupidity and lack of knowledge doesnt destroy every1 else. We saw what happened with un protected equity with Relax. I lost 32000 in July to ATM DREAM CAPITAL . If i cannot protect their funds i shouldnt go off trading with their money.
I VOTE "YES" to hiding trades from every1 as i have seen people putting $1000 to copy trading and then replicating on another account to make profits.
If some1 isnt comfortable with the hiding of trades they shouldnt copy . The Option should be there .
@danishiam1
danishiam1
15 Mar 2021, 21:53
RE:
PanagiotisCharalampous said:
Hi danishiam1,
We are considering the option of hiding the open positions from followers in a future update. This should help you protect your trading activities.
Best Regards,
Panagiotis
Dear Mr PanagiotisCharalampous
Thankyou very much for considering this . May i suggest you should make the fact known to people that there is a risk limit assigned to the account. Risking 50% would definately mean that the trader is praying that the trade returns. Users should know that they can decide how much do they want to risk while copying an account. This puts ctrader in Green as per legal scenarios. I look forward to see your option available in Ctrader.
@danishiam1
danishiam1
03 Apr 2021, 00:55
same happened to my account
I saw the same thing. I had to re adjust. Hopefully wont happen again
@danishiam1