Mirror Trader Pro Setup Instructions

Transcription

1 Mirror Trader Pro Setup Instructions Welcome to Trade Advisor Pro s Mirror Trader Pro service. You are about to embark on a fun and rewarding journey in your Forex trading. These instructions were created to guide you through the process of setting up your Forex account with our copier service. Please take the time to follow the instructions carefully. First of all you need to make sure your Forex account is a Meta Trader 4 account set to micro lots, regardless of the size of your account. Because as we begin closing out positions in profit on our trades micro lots are the only way to have full control of risk percentages. If you do not have a broker yet we HIGHLY suggest using the same broker we use to that you are getting our exact entry and exits and therefore getting the same results. CLICK HERE TO OPEN AN MT4 ACCOUNT - Be sure to choose Institutional Liquidity. One thing to keep in mind as you are setting up your account is the level of risk you are willing to take per trade. Josh personally only trades 1% of his account balance per trade. You can choose your own settings. But remember, being successful long-term in Forex is about winning for the LONG HAUL gamblers do not make it very long in Forex. So be sure to use wise risk settings. Most of our customers use 2% risk. In the Mirror Trade Pro members area you have been given a link to setup your trade copier. We use an excellent third-party service call 4XSolutions. In order for your account to connect to our account and receive our trades you must follow that link. Be sure NOT to give this link to anyone as it is for members only. And your subscription is for 1 account. You may setup additional accounts for an extra $67 per month per account as long as those FX accounts belong to you. You cannot purchase addition subscriptions for anyone other than yourself. CLICK HERE TO ORDER AN ADDITIONAL ACCOUNT Once you have ordered your additional accounts our support team will contact the team at 4XSolutions to add those additional account(s) to your original account. 1

2 Let s Setup Your Account Let s get started with setting up your account. In the Mirror Trader Pro members area click the Trade Copier Setup link. It will look like this. Now you need to complete the information on as seen below Now let s go to the next section. 2

3 You will receive an . Be sure to keep your information with your login info. When you are on this page click the Click Here to Get Started link. Next you will come to a page that looks like this. Click My Signal Services. 3

4 Next, click My Accounts. Next, click on click to configure. 4

5 This is where you will need to complete your account information from your broker. This is your MetaTrader 4 login info given to you by your Forex broker. Some brokers issue both a master password and an investor password. This needs to be your MASTER password. If you are only given one password then use that password. Next choose your broker MT4 server. After you had setup your account with your Forex broker you should have downloaded Meta Trader 4. When you first login to MT4 you enter an account number, a password, and underneath that there is a server. That is the info you need here. If your broker s server is not in here then please send an to [email protected] and they will add it for you. See the screenshot below to complete the rest of the info. See the MT4 screenshot under this screen shot to see where to find your suffix (most brokers do not have a suffix. If you are using Institutional Liquidity the suffix is lh. 5

6 After you have saved your information this is what you should see After you click Back to Accounts you will see the below screen shot. Click on My Trade Settings 6

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8 RISK SETTINGS Setting your risk settings is the most important part of this process. Please read this section very carefully. The way this system works is simple. Every trade that hits your account will be traded per your risk settings. If you risk 1% then each trade will risk 1% of your total account balance. There are times when we could be in as many as 8 trades at once. U.S. Customers: do not risk more than 3% (very aggressive). Non-US customers no more than 5% or you could be at risk of hitting your margin. Remember, the higher the risk the more aggressive the draw downs you will experience. 8

9 Here are the risk settings for 1% risk per trade: 9

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11 IMPORTANT: We have contracted with 4XSolutions to handle the trade copier service. If your account is not working, or if you miss trades, or have any other issues with the copier service please contact Trade Advisor Pro has no access to your account so you will need to get any technical issues or help worked out by contacting 4xsolutions via only. 11