Originally posted by ales
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I think it's just one of whose unlucky events, my slippage is set at 3, and I got both trades.
I'm sure at some point I'll be here saying I missed a trade with the same settings as everyone else. Just sodds law it's always the winning trade.
Better luck next time
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Originally posted by ales View Postok, position was closed at 2.08651 ... u mind asking u at what time? im checking the vps functionality...
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Originally posted by Gunther View PostI'm sure at some point I'll be here saying I missed a trade with the same settings as everyone else. Just sodds law it's always the winning trade.
Consider: if you're late to a trade and price has retraced (i.e. the master trade is in drawdown) then the copier will happily, rightly, enter the trade, because you're getting it at a cheaper price. If it profits, you make more and if it loses you lose less. Because the trade is still open, then the trader still thinks it's going to be profitable, so the trade copier rightly gets in at the cheaper price.
If the price has moved towards profit and beyond the slippage setting, the trade copier won't take it because you're getting in at a more expensive price. If the trade wins, you win less, and if it loses you lose more. The slippage limit is the point you've chose where that risk is just not worth taking.
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Hi Vijay,
Is it possible to amend your EA so that it does not change Take Profit for about 2 pips (between 2 levels) every time there is a small price move? I don't think it makes any sense and it is quite disruptive because if we set trading notifications, we will receive many trade modification messages.
More importantly, there is no meaning in changing Take Profit target for 2 pips every time there is some small price movement.
Or perhaps you can enlighten us as to why there is a need to change TP so often?
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