mandatory 300 pips Maximum stop loss on all signals ??

H

hendrikd

Fx-auto could you please explain ...

in this thread: http://www.elitetrader.com/vB/showthread.php?s=&threadid=82591&perpage=6&pagenumber=27

you state a mandatory 300 pips Maximum stop loss on all signals ...
Quote from fx-auto:

Hi,
We will investigate the possibility of adding these 2 firms.

Also note FX-Auto has imposed mandatory 300 pips Maximum stop loss on all signals coming into the platform from last week.
More...
but in my demo account I just had 2 big losers:
- 1stfinancial-Gold EURJPY closed on 8/5/2007/ 22:17:15 with -350 pips
- ForexGear GBPUSD closed on 8/5/2007 21:45:05 with -676 pips

Please comment !

Thanks, HD
 

Attachments

OK - my mistake - both trades were opened before 'last week'


the " mandatory 300 pips Maximum stop loss on all signals ." - rule has been confirmed by email.

Good.

HD
 
So with - 676 pisp, forexgear at gbp/usd is still profitable, but this trade was removed from perfomace list. Why ?
 
Hi,
Some clients had a slightly better exit (couple pips), we needed to cross check the trade against all the live clients.
The trade now stands as is.
 
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