Signal provider makes profit, i make loss, how is it possible?

 

Hello,

I finally received some signals... made a loss.

I need help, how it is possible that my signal provider makes profit, while I make loss off his trades...

How bad is this service then, if such oddity happens?

 

It may be possible on the following case (theoretically speaking):

  • if you and signal provider are on different broker, and the signal provider is making the trade on scalping way,
  • if you subscribed to the signal, and this signal had open trades in that time,
  • if you aare using your home internet instead of VPS,
  • and it may be some more possible cases.

 
Maybe a mismatch in AccountBalance, Leverage, Lotsize ? 
 

yes, he is doing the scalping,

yes, we have different brokers

yes, I used my home internet


still it looks strange

something like this never happened with <> signals, why would I assume that mql5 signals are much worse?

 
themany:

yes, he is doing the scalping,

yes, we have different brokers

yes, I used my home internet

...

That is why you are having the different performance from the signal provider.

 

Mql5 signals are excellent.

It must be an error on your side.

 
themany:

yes, he is doing the scalping,

yes, we have different brokers

yes, I used my home internet


still it looks strange

something like this never happened with <> signals, why would I assume that mql5 signals are much worse?

Its not strange, if you used the wrong broker with large slippage and the wrong way of copying (through your home platform), without a VPS, don't wonder what went wrong.

Scalping signals require a minimal slippage broker/server setup and a fast under 5ms VPS in order to be copied smoothly.

Reason: