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How to show your trading results online

Topic: ForexBy Sng Chong HowPublished Recently added

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Forex or FX trading is getting more and more popular with the introduction of over the internet online trading platform like Metatrader 4. Forex trader who has positive trading results would want to promote and share their results online. This can be achieved in a number of ways.

Logging in using investor account and password

Most broker with MT4 platform when create trading account will be provided a user trading account logging and password while they can login and execute currency trade. In most cases, another account or so call the investor (read only) account logging and password are provided so others can view the trading account but cannot trade. You can share this investor read only account login and password to those that you wan to share your results with. They can log in and see but cannot execute any trade. This is the easiest and the fastest way to share results. But the downside is they must have MT4 installed on their PC. I notice too many login user will slow down the internet connection update speed thus slowing down your trade execution updates also. But it still within a fraction of half a second execution speed.

Using Expert Advisor to publish results online

There are many website now that provided online sharing of results like MT4i or MT4state. You simply register a new account with them and download a installation program where you install a EA onto your MT4. This EA will update existing trades open and close, onto the website and publish on to your individual web account page. This page can be views by any web browser across any internet connected platform PC or mobile or tablets. The advantage is that it is easily viewable by any internet enabled platform but the downside is the availabilities of such website hosting. They may be turn off any time as it is offered free to anyone.

Using FTP server to publish results

MT4 comes with a FTP publisher built in the option menu. You simply key in the account, ftp server, ftp path, ftp login and password. Set the refresh rate and you are ready to publish it. Most web hosting plans provides will FTP server install and setup. You can easily setup with your FTP parameters into your MT4 FTP publisher. The advantage is you have full control over the results posting as it is on your PC running MT4 and your web hosting server displaying the results. But the downside is that this will take up quite a lot of band with. As compare to EA, only updates are send, FTP will send the whole trades history summary which is much bigger file sizes. Something for you to consider.

Manually post results.

MT4 trading summary can be customized or selective according to last month or last 3 month. You can actually selected your desire trading history and save it as a html file and post the results manually online. You have more control over the posting column and able to add in circles and arrows to emphasize on certain trading or data details. The downsize is you have to do it manually over the PC. I prefer to use this method as I can draw and write notes on some trades and circle highlight some trades winning PIPS and execution date & time.

Lastly, which ever results posting method you choose, always remember to post genuine results that you can prove real. I would like to stress that profit is not guarantee and currency trading is very high risk. This every trader should be aware of.
Source: http://www.bestforexranking.com

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