/Following a signal by a bonus account/ How to calculate how much I'm following? - page 2

 
It is better to avoid bonus offered by the broker.
 
Ashok Sen:
It is better to avoid bonus offered by the broker.

Thank you for your advice. Do you have any experience or do you know how will the system work?

 

Yes it will stop copying when your equity gets to 0.  


Does it include your bonus?  Good question!! - thought you'd never ask

The easiest way to check it look at your terminal and then the open trades tab.

In there you will see your account summary.  for example

Balance: USD $12500, Equity $12500, Margin $0, Free Margin............

If your bonus is added to your equity, then yes it will be included.  if its not well then it is not included.


Also be VERY careful and know what sort of bonus you have.  Some brokers will cancel your bonus if you go to a certain level of Drawdown.  If you are not sure, then what Ashok said.

 
Cornelis Duiker:

Yes it will stop copying when your equity gets to 0.  


Does it include your bonus?  Good question!! - thought you'd never ask

The easiest way to check it look at your terminal and then the open trades tab.

In there you will see your account summary.  for example

Balance: USD $12500, Equity $12500, Margin $0, Free Margin............

If your bonus is added to your equity, then yes it will be included.  if its not well then it is not included.


Also be VERY careful and know what sort of bonus you have.  Some brokers will cancel your bonus if you go to a certain level of Drawdown.  If you are not sure, then what Ashok said.

Thank you, Cornelis.

It shows the Equity is Balance + credit, so it could be included.

Have you tested or experienced it?

P.S. Thank you for the attention message, cancel the bonus is a problem for brokers' confidence, and how it work is a knowledge for users. I just want to make sure how will lost cut work. 

Thank you in advance and best wishes for you,

Sky

 
jams jams:
yes

Thank you, jams.

Problem of equity calculation is solved. 

But I still need a knowledge about how to calculate to lost cut.

If you know sometime, please leave any comment here or forum below

https://www.mql5.com/en/forum/336379

Thanks and best regards,

Sky

/Following a signal by a account with bonus/ The timing of lost cut
/Following a signal by a account with bonus/ The timing of lost cut
  • 2020.04.01
  • www.mql5.com
Dear experienced traders. I'm following a signal by a real account with bonus(credit) and I set lost cut as 0 balance as below...
Reason: