I havnt used any of the autotrading platform so far. Neither forum nor any other activity. I keep visiting other sites who provide autotrading services. But never used it.

Problem I see with a lot of the autotraders is that the pip winners is 2-5 pips.  If you factor in inevitable slippage, spread and then the commision to fxstat then you are essentially will be losing money using them.  The only way is to find a trader who consistently has a decent size of wins.

Yes. I trade myself by learning and applying. I'm developing a strategy of my own, which has so far resulted in profits: http://www.fxstat.com/performances/view/HD_H4-10922

It's not a huge return, but I'm still developing it, and it's a heck of a lot better that what was happenning before with my trading. This week retracements took out some trades for less than 10  PIPs, which is something for me to evaluate in terms of developing the strategy.

If you have time, learn the basics, demo trade and then risk your money yourself. Remember, when the people you auto trade with start losing, you won't be able to blame them. If they don't have stops, will your account handle that? Theare are many things to consider before you risk your money with other people.

Originally posted by leebut

Yes. I trade myself by learning and applying. I'm developing a strategy of my own, which has so far resulted in profits: http://www.fxstat.com/performances/view/HD_H4-10922 It's not a huge return, but I'm still developing it, and it's a heck of a lot better that what was happenning before with my trading. This week retracements took out some trades for less than 10  PIPs, which is something for me to evaluate in terms of developing the strategy. If you have time, learn the basics, demo trade and then risk your money yourself. Remember, when the people you auto trade with start losing, you won't be able to blame them. If they don't have stops, will your account handle that? Theare are many things to consider before you risk your money with other people.

Leebut - you from the UK? I would be interested to chat about your strat if you are around. More ideas the better!

Try this link: http://www.fxstat.com/en/performances/view/HD_H4-10922

CFXsignals, yes I am in the UK. It is basically a MACD, hidden divergence strategy on H4 charts. I take my signals in the direction of the trend so it is inverse to traditional divergence. It has the potential to catch big moves (over 600 PIPs on 1 lot of GBP/NZD before the reversal), but can also catch revesals. I'm trading two micro lots per trade on separate tickets. It's still early doors and I'm playing around with exit strategies and stop placements.

I myself was a new trader in forex trading. I am more focused use of technical manuals. strategy I use is simple, just rely on indicators MA, and stohastic.

Thanks for that - still early days - need to see if it works through all the various market phases.

every trader must have its own strategy in the trade. probably the hardest question in the trade is how to control emotions and use good money management. because many traders who suffered losses due to the less able to control himself in the trade

I don't think that money management/trading strategy/emotions are seperate things at all - they are all influencing about where you place a trade entry and exit without money management, then you have no trading strategy, without emotional control you have no trading strategy, and without trading strategy, you have no way of being profitable.