These 5 Factors Can Influence Your Copying on Headway Copytrade
You have started following a strategy on Headway Copytrade. However, it doesn’t always mean that the copying goes on. Why does it happen? Five factors may influence your copying right now. This article explores them in detail and answers the most commonly asked question of Copytrade investors.
Copying proportion
On Headway Copytrade, the copying proportion is the ratio between your and the strategy’s trading volume. The copying proportion can vary from 0.1 up to 1000. We have already discussed this topic in our article, How to Use Copy Proportion in Headway Copytrade.
For example: Your proportion equals 2. Then your opened order will be twice as big in trading volume (lots) as the strategy owner’s. If they open a sell order for GBPUSD in 1 lot, your copied order will be of 2 lots.
The copying ratio can significantly influence your copying. A trader may open positions of such volume that your copying proportion would make it impossible for them to be copied.
For example, a trader opens a buy position for GBPUSD in 0.05 lot on their Cent account. With a ratio of 0.1, copying will be impossible because the trading volume of 0.005 is less than the minimum trading volume of 0.01 lot.
When orders are not copied onto your account, you are missing out on profit opportunities. Try to find the balance between your copying ratio and the strategy’s orders. To manage your funds properly, you may choose a bigger ratio for copying strategies that operate on Cent accounts and smaller ratios to copy strategies that have high-volume trades.
Limited account balance
When a new order is created in your account, part of your balance is used to margin it. If the balance is insufficient to support a new order, then it will not be copied onto your account.
To avoid such situations, you should always check the balance of the account you use for copying. If it is too little, make a deposit to improve your copying performance.
Visit the strategy page and review the strategy history spreadsheet. It will show you what positions a trader opens and help you calculate how much money you need to continue copying.
Or you can adjust your copying ratio – then you will need less funds to margin the copied trades.
Copying mode
When you start copying a strategy, you have an opportunity to choose a copying mode. Copying mode is an important setting that defines what the system has to do with the strategy’s orders for you.
You have two options:
- Copy all orders. If you choose it, the system will copy all orders for you, the already-open ones and all future orders.
- Copy new orders. If you choose it, the system will start copying only new orders.
When you choose the first one, all currently open orders will be copied to your account right away. When you choose the second option, you may not see any new orders on your account for some time because a trader hasn’t opened a new order yet. All you need is to wait for the strategy owner to act. Remember that both modes are great for your copying, the difference is only in how your copying is going to start.
Unpaid monthly commission
Every 1st day of the month, a commission for copying is charged. It may be that on this day, the funds in your copying account will be insufficient to cover the commission payment. In this case, all copying is stopped and all orders are left open at your disposal. If your copied orders have Stop-Loss and Take-Profit levels, they will close when these levels are reached. No new orders are to be copied.
You can always start copying the same strategy again after you pay the monthly commission. Make a new deposit, find the strategy on the Investor Board, and follow it again.
Strategy is unpublished
A strategy owner is free to unpublish their strategy anytime. When it happens, your copying stops. In this case, it is impossible for investors to re-establish the copying because there is no strategy to copy anymore.
When a strategy is unpublished, you receive your commission payment for all days of the month left. Reuse it to invest in a new strategy. You can find many profitable strategies already published on the Investor Board. Any of them can provide you with great results – you can start copying them right now!
Are you ready to copy?
Use the advice we shared above to follow a strategy with the best copying settings. Get the most profit from Copytrade! Start now ➡️
Should you have any questions, contact our Customer Care team via care@hw.site, in the app, or the live chat on the website.
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