Ctrader copy trade issue
Ctrader copy trade issue
23 Jul 2020, 11:10
Ctrader copy trade issue
Hi,
I understand through the help section of ctrader, it says the copying mode is base on equity to equity as follow:
Investor’s equity / Strategy Provider’s equity * Number of lots traded
This is to calculate the number of lots that will be traded in our copying account. I have encountered issue that i do not quite understand how the system actually work.
I suppose it should be per trade placed by trader (the provider) it will be automatically copied over to investor account (this case in copy trade account of mine). But i notice the difference in today's trade (21st july 2020). According to 21st july 2020 trade by this provider, his account has only one trade position with net profit on that single trade as $1.06. However, my demo copied account reflect a total of 6 trades done for just 21st july alone. This puzzled me when i supposed copy trade was meant to be every single trade the provider offered will be mirrored to our copied account? Under this case his account had only one trade placed and there were 6 total trades in my account. Is there someone who is familiar with the system able to explain to me how this copy trade system work?
Thanks,
Ader
Replies
Rayser
23 Jul 2020, 12:40
Base on the help section
Base on the help section it state this:
If a strategy provider’s account or a strategy follower’s account balance has changed (any balance operation occurred on the follower’s or provider’s account), then cTrader Copy changes the follower’s positions to implement the equity-to-equity algorithm. In this case, the follower’s Copy Trading Account history may log the trades that do not exist in the Strategy Provider’s account history.
I understand it goes by equity to equity but how does it actually created 6 different lots compared to just one trade performed in provider's account? I checked the time frame of those trade that they are of different timing on the total of 6 trades but only 1 trade is the same as the provider. This is what i am puzzled with. Is there any example for my understanding?
Let's assume if provider has a balance of $1000usd with equity 1000. My capital is 100 and provider opened 4 lots.
Using the formula, 100 / 1000 x 0.4 lots = 0.04 micro lots
So the copied trade on my account will be 4 micro lots whereas the provider shall have 4 mini lots.
Is that how it works?
Regards,
Ader
@Rayser
PanagiotisCharalampous
23 Jul 2020, 12:46
Hi Ader,
Yes this is correct. You should see one deal for each of the strategy provider's deals with the volume being adjusted on an equity to equity ratio. The passage you quoted explains why you see additional deals in your account. These deals are a result of equity to equity readjustments which happen when the strategy providers deposits or withdraws funds to/from his account.
Best Regards,
Panagiotis
@PanagiotisCharalampous
PanagiotisCharalampous
23 Jul 2020, 11:19
Hi Ader,
Check here for more info about this question.
Best Regards,
Panagiotis
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