My experiences with FX Autotrading a live account

Discussion in 'Automated Trading' started by FX245, May 15, 2007.

  1. FX245

    FX245

    www.FX245.com is my website, and you are very welcome to join us.
     
    #161     Jun 26, 2007
  2. FX245

    FX245

    www.FX245.com was launched 68 days ago, and now counts 181 members, 7.000 visits from 1.900 visitors doing 35.000 pageviews ...

    FX245.com is free to join (and it's fun)
     
    #162     Aug 25, 2007
  3. Congratulations Fx245, 181 members already for such a specialist area of interest is a great response. Your auto trading portfolio seems to be doing great and word must be spreading by 'word of mouth'.

    I think it would also be a good idea for you to post your portfolio performance here (on Elite trader) from time to time so those who are not members of your site can see your results.
     
    #163     Aug 25, 2007
  4. q827

    q827

    Don't like the forum format they use over at fx245.com. Prefer this one, it's much easier to navigate.
     
    #164     Nov 5, 2007
  5. Up to 409 members now. Seems to be attracting attention. Maybe because FXCM is now hosting an fx-auto trade version.

    Reading through the site, I see the newbie traders are still making the 'usual newbie' mistakes for this type of trading.

    -excessive leverage
    - to short a timeframe for assessing the systems on offer
    - inadequate diversification allied to inadequate capitalization.
     
    #165     Nov 5, 2007
  6. q827

    q827

    Overleveraged, undercapitalized, picking mediocre performance systems, changing systems too often, jumping into live autotrading prematurely..... the usual mistakes.

    FX245 made some of these mistakes from the start and that's why he's lost half his account.
     
    #166     Nov 5, 2007
  7. Csharp

    Csharp

    How come every newbie seems to have to learn this the hard way - how come it is so hard to learn from other people ?

    http://www.fx245.com/forum/topic/show?id=813314:Topic:13
     
    #167     Jan 23, 2008
  8. Csharp

    Csharp

    FX245.com now has more then 650 members - something is cooking there ... anyone here uses that site ?
     
    #168     Feb 6, 2008
  9. fx245.com is a scam. beware.
     
    #169     Nov 4, 2008
  10. ?!
     
    #170     Nov 4, 2008