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How can I trade with the same volumes as my signal provider ?

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lpourcenoux
61
lpourcenoux  

Hello, 

 

I've an account with less money than my signal provider.

The thing is that he doesn't open such big positions, (0.01 to 0.12 on  EUR/BGP )

So I've got enough money to open the same positions, but since he has more money on his account, the

system only start 0.01 positions on my account.

Does anyone have the solution ??

 

Thank you very much. 

Vladimir Karputov
Moderator
76892
Vladimir Karputov  
lpourcenoux :

Hello, 

 

I've an account with less money than my signal provider.

The thing is that he doesn't open such big positions, (0.01 to 0.12 on  EUR/BGP )

So I've got enough money to open the same positions, but since he has more money on his account, the

system only start 0.01 positions on my account.

Does anyone have the solution ??

 

Thank you very much. 

Only one solution: you need to increase your deposit.


And one more thing:
Marco vd Heijden
Moderator
5957
Marco vd Heijden  

well you could use a robot that detects the small trade and automatically opens up a larger order for example your signal opens up a 0.01 lot position, the robot sees this and opens up another 0.09 or which ever size you desire, then your make the robot also detect the closing of the signal position, and as a result closes it's own position too.

of course there can be cases where you pay a double spread or something similar, it depends on the situation.

Yedeki Au
1820
Yedeki Au  
lpourcenoux:

Hello, 

 

I've an account with less money than my signal provider.

The thing is that he doesn't open such big positions, (0.01 to 0.12 on  EUR/BGP )

So I've got enough money to open the same positions, but since he has more money on his account, the

system only start 0.01 positions on my account.

Does anyone have the solution ??

 

Thank you very much. 

You can open a demo account with a suitable balance. Then you will use an EA that opens same orders on your real account (connecting the demo and real accounts.)

Mirko Cerulli
11173
Mirko Cerulli  
lpourcenoux:

Hello, 

 

I've an account with less money than my signal provider.

The thing is that he doesn't open such big positions, (0.01 to 0.12 on  EUR/BGP )

So I've got enough money to open the same positions, but since he has more money on his account, the

system only start 0.01 positions on my account.

Does anyone have the solution ??

 

Thank you very much. 

Sure it's a good idea? 

Mirko Cerulli
11173
Mirko Cerulli  
Beyhan Dinc:

You can open a demo account with a suitable balance. Then you will use an EA that opens same orders on your real account (connecting the demo and real accounts.)

The bridge/trade copier could be a solution, but you may accrue additional slippage.
Aleksey Pak
3244
Aleksey Pak  
As answered above you should have deposit like your signal provider. Any other solutions very dangerous and may blow up your deposit.
lpourcenoux
61
lpourcenoux  
Mirko Cerulli:
The bridge/trade copier could be a solution, but you may accrue additional slippage.
Thank you very much !
lpourcenoux
61
lpourcenoux  
Beyhan Dinc:

You can open a demo account with a suitable balance. Then you will use an EA that opens same orders on your real account (connecting the demo and real accounts.)

Thank you very much !!!
Inovance
2666
Inovance  
Beyhan Dinc:

You can open a demo account with a suitable balance. Then you will use an EA that opens same orders on your real account (connecting the demo and real accounts.)

I second this solution. You do have to be careful that you can withstand the drawdowns of the strategy. Getting margin called is never fun and there may be a reason he has more money in the account....
Stuart Browne
6793
Stuart Browne  
Inovance:
I second this solution. You do have to be careful that you can withstand the drawdowns of the strategy. Getting margin called is never fun and there may be a reason he has more money in the account....
The only flaw in your plan is, you can only subscribe to free signals with a demo account. 99.9% of the paid signals will not work with a demo account
12
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