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How to turn your 10% gains on a $1k account into 6-figure monthly income using Forex Income Multiplier™ method

By Guides, Tutorials No Comments

The world of forex trading is full of traders who are stuck at low levels of profit. In many cases, the problem is that their initial account is relatively small, so it’s hard to scale it meaningfully. Does this sound familiar? Are you putting in a lot of work and research to grow your initial forex investment? Are you struggling to grow your account to the point where it can generate income?

That’s where the Forex Income Multiplier™ comes in to help Forex traders scale their success faster and without substantial initial capital.

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How to use Local Trade Copier in Netting mode on MT4 accounts with FIFO limitations

By Tutorials One Comment

U.S. Forex brokers and possibly some other brokers will have FIFO limitations applied to each account. It means trader or any EA is restricted to close positions only in particular order and hedge trading will be disabled too (you cannot hold BUY and SELL positions open at the same time). These restrictions cannot be changed, and anyone who is trading in such account (including EA) will have to obey these restrictions.

Local Trade Copier is capable of handling trade copying of positions on MT4 accounts with FIFO limitations including partial closes.

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Copying CFD’s Between MT4 Brokers With Different Contract Specifications

By Tutorials No Comments

In this article, I will talk about a common problem faced by traders who are copying CFD’s (Contract For Difference) using different brokers. I will also provide a solution to copying CFD’s between MT4 brokers that have different instrument specifications. This problem is difference in trading conditions of various brokers. The most significant issue is with CFD’s on major stock indices: Contract size for one broker can be 1 index, 25 indexes for another, 10, 5, etc. Some brokers allow trading a portion of a contract while others require trading full contracts only.

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Reasons Why MT4 Trade Copier Can Be Slow And Copy Positions With a Delay

By Tutorials 2 Comments

Under normal conditions, the Local Trade Copier should copy positions in less than one second. Yes, trades must be copied in 1 second or faster. If it takes longer, then something’s not right.

Usually, delay in copy trading appears because of slow and poor Internet connection, overloaded computer, and broker server delays.

In this article, I want to give possible reasons for slow trade copying so you could identify the problem yourself and fix it fast.

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