Discussion of article "Trading Signals in MetaTrader 5: A Better Alternative to PAMM Accounts!" - page 9
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What kind of real? There is practically no difference between demo and cent real.
You are categorically wrong. Maybe you're judging something you don't know about. I don't know. Real, whether cent or dollar, is always real. With all the "charms" of real. So don't mislead people.
Yeah, well, cent account holders get, like:
The only difference between demo and cent real when testing Expert Advisors is that an Expert Advisor that successfully passed the testing on demo gets a chance to work off the Internet costs. But no more than that. Otherwise, I have not found any big difference so far.
Yeah, well, cent account holders get it:
No - not so - it's demo-account holders who are overly arrogant.
In order not to make the owners of cent accounts "despicable by their arrogance" red, I'll tell you:
-- on a cent account you can safely trade with amounts of 10, 20, 30 and more thousand dollars. Therefore, if someone trades on a cent account, it does not mean that the amount of $10 is there.
-- thanks to the cent account - a 0.01 lot step on a dollar account and a 0.01 lot step on a cent account is an additional plus in choosing the lot size. There are trading strategies (e.g., grids) for which the starting 0.1 lot is critical and the 0.01 lot step is large.
-- peculiarities of trading on a cent account and on a dollar account are absolutely identical....
Don't be ridiculous ) firstly all cetoviki have restrictions on lot size, number of requests and huge spread.
Secondly, you probably have never traded large amounts of money on cents -- try it and see what happens with execution ))))
Rjaka ) trader fucking )
Don't be ridiculous ) firstly all cetoviki have restrictions on lot size, number of requests and huge spread.
Secondly, you probably have never traded large amounts of money on cents -- try it and see what happens with execution ))))
Funny ) trader, man )
Don't bullshit. The first brokerage house that came across http://www.liteforex.ru/trading/account-types/.
Lot size limitation for a cent account - maximum cent lot is 100 - at what deposit is it reasonable to trade with such a lot? Or your trading strategy - in the long term gives a hundred thousand per cent per annum? 1 dollar lot is $1000 at 1:100 leverage - that's 100 cent lots.
I'm out of this discussion. You can hilarious from your underdeveloped desire to ponor to death.
Abolk is right, you need time filtering and only real accounts, otherwise "protection from scammers" and no comparison with PAMMs is out of the question. Although in my opinion it is not necessary to compare it with PAMMs, as these are two absolutely different services. If you develop it as an ordinary signal and do not worry about additional security issues, you can use demo accounts and accounts with any history.
Filters do not solve the problem, because a lot of users are illiterate in investments and if they are not protected by bans, they will never find all these filters, because they do not understand why it is necessary to limit the list, especially if there are "grails" in it. Thirst for profit most often overpowers common sense, so restrictions should be introduced at the stage of allowing signals to be subscribed for a paid subscription. Actually, I myself am in favour of removing any restrictions and replacing them with filters. But then it is necessary to give up claims to any protection of investors from "swindlers". A competent investor can protect himself in any case, even if there are no filters at all.
Abolk is wrong. The fact of having a real account is not an indicator of manager's responsibility. To make sure of it, it is enough to visit some developed PAMM-service with a deep history of its work. All accounts on it are real, but what good is it? Only an investor by means of a long and scrupulous analysis can determine the prospects of this or that signal. The argument that a potential housewife investor may not be able to understand the filter buttons is not valid at all. Investing is a complex activity that requires strong analytical thinking. A housewife, with or without a button, will not achieve positive results.
Prohibitions are only in our heads. Remember the fierce discussion between Renat and the public about the prohibition to connect to signals whose price in the cumulative position is better than the current one (due to the impossibility of synchronising trades at the best, already gone prices). Using simple examples it was shown that there is no concept of "best" or "worst" price. There is only our idea of what is expensive and cheap. Someone counts profit from deal to deal, someone does it by equity - in reality in both cases the parameters of TS are the same.
Nevertheless, Abolk is right about one thing: the service is in the period of formation. And a lot can and should be added to it to show who is who. First of all, in my opinion, it is necessary to completely abandon the concept of calculating statistics on deals and switch to equity statistics. All these pseudo-balances, one of which was shown by Reshetov, have become tiresome. Besides, in MT5 the concept of a deal is very conditional, so it is useless to collect statistics on deals in this platform.
Many people suggest analysing in pips - meaning analysing a trading system without using MM. On forex pairs it was really convenient, but now times have changed. There is the old four-digit, there is the five-digit, new instruments like CFDs on stocks and futures are actively appearing. It is pointless to compare them with each other in points. But it is not necessary to do so, it is enough to take percentage differences and simply sum them up. As a result, we will get two charts: the first one will show the capitalised result in percent, the second one will show the same result without capitalisation (a simple sum of these interest differences).
Secondly, we need to deal with I/O and MT pseudo-servers. For example, in MT4 tops there is a signal that started trading with 0.05 cents. Another signal trades on the Real account on the server with the name 'Company Name_DEMO'. There are a lot of such examples. It is necessary to sort out this mess, moreover it is possible to do it all and MQ know how to do it.
Fourthly, statistics on the mathematical expectation of the average trade on an instrument in the context of the average slippage/spread on that instrument would be extremely helpful. In this case, the slippage should be obtained exactly on the real data of this instrument. It is possible to collect such statistics from real transactions.
And one more thing about cent accounts. A cent account is a real onanism, which also introduces a certain amount of confusion. The order of cento-million figures does not correlate with the real picture. A cent account does not make the manager more responsible. On the contrary, such an account shows only one thing - its owner wants to make a fortune, here and now, and then at least a flood. The logic is simple: "I have no money, but if I invest 20% and in a month get 1 000 000% on it, it is $200 000!!!". - imho, that's roughly how centoviks think.
abolk:
-- the peculiarities of trading on a cent account and on a dollar account are absolutely identical....
I'm tired of arguing already. If you believe that a cent account with $100 deposit and a dollar real account with $10 000 deposit are absolutely identical, it is your personal problem. I will not change your mind.
My experience as a trader shows that the probability of problems with execution of trade orders increases proportionally to the volume of trading positions. The larger the volume, the higher the probability of slippage or requotes.
Perhaps we have traded in different brokerage centres, hence the difference of opinions?
I'm tired of arguing already. If you believe that a cent account with $100 deposit and a dollar real account with $10,000 deposit are absolutely identical, it is your personal problem. I will not change your mind.
Read carefully what I have written and do not twist it to suit your fantasy.
I'm saying that a cent account with a 10,000 deposit and a dollar account with a 10,000 deposit are absolutely identical - in terms of the trade order execution procedure.
Also. The cent account is a real onanism, which also introduces a certain amount of confusion. The order of cento-million figures does not correlate in any way with the real picture.
Reshetov:
Depends on what kind of real? There is practically no difference between demo and cent real. If you analyse the signals, there are no large reals where you can notice a significant difference with demo.
Read what I have written carefully and do not twist it to suit your fantasy.
I am saying that a cent account with a 10,000 deposit and a dollar account with a 10,000 deposit are absolutely identical in terms of the trade order execution procedure.