Managing copied trades manually on FxPro

If you’ve ever wanted to take control of your copy trading on FxPro without losing the benefits of automation, you’re not alone. Many beginner and intermediate traders love the idea of copying expert strategies but also want the flexibility to step in when needed. That’s where managing copied trades manually comes in.

This guide walks you through how manual control works, when it makes sense to use it, and what real traders are saying about the experience.

What Does It Mean to Manage Copied Trades Manually?

Managing copied trades manually means that you still get trade ideas and entries from a master trader, but you can control what happens next. Instead of just letting every trade play out exactly as the signal provider intended, you can step in and:

• Close the trade early based on your market view
• Modify the lot size if your risk tolerance changes
• Add or adjust a stop-loss or take-profit level
• Set a trailing stop to lock in profits if the market keeps moving
• Open a hedge position in the opposite direction
• Use alerts to be notified before price hits dangerous zones

Think of it like driving with GPS — you’re following someone’s path, but you can reroute anytime.

Pro Tip: Managing trades manually is not about second-guessing every move. It’s about having a seatbelt for sudden bumps in the market.

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How to Manually Manage Copied Trades on FxPro

The steps depend on how you’re copying trades. Here’s a clear breakdown:

1. MT4/MT5 via Myfxbook, Zulutrade, or Similar

Steps:

1. Log in to your FxPro MT4 or MT5 terminal
2. Click on the Terminal or Trade tab
3. Locate a copied position (marked just like a regular trade)
4. Right-click and choose to modify SL or TP, partially close the trade, close it completely or open a hedge trade in the opposite direction.

Mistake to Avoid: Changing SL/TP too frequently can break the logic of the original strategy and lead to inconsistent results.

2. DupliTrade (Web Dashboard)

Steps

1. Log in to DupliTrade
2. Go to Open Positions
3. Click on a trade to close it manually, adjust the risk setting for that strategy or pause new trades from that provider while keeping existing ones active

Do This: Use DupliTrade’s strategy stats to see if the trader is going through a losing streak before you intervene.

Avoid This: Closing every trade that goes slightly into loss — many winning trades dip before they rise.

When Should You Intervene in a Copied Trade?

Manual intervention is about making thoughtful adjustments when the strategy doesn’t align with your judgment or risk comfort.

Good times to intervene

• You see breaking news that changes market direction
• The trader doesn’t use stop-losses, and the trade is deep in loss
• You’re uncomfortable with the drawdown or exposure
• Volatility spikes and you want to protect open profits
• You’re nearing your max acceptable loss for the day or week

Use Case: Let’s say the trader opens a GBP/USD buy right before a UK interest rate decision. You might want to:

• Set a tighter stop
• Reduce trade size
• Wait for the announcement before re-entering

Quick Decision Checklist:

• Is this drawdown unusual for the strategy?
• Has news changed the market context?
• Am I OK with this risk continuing overnight?

If the answer to any of these is “no,” stepping in could be the right move.

Pros and Cons of Manual Control

Pros

• Safety net: Prevents large losses during major news events
• Hands-on learning: Great for new traders building confidence
• Customization: Adjust trades to fit your own risk/reward goals
• Flexibility: Adapt to personal financial goals or emergencies

Cons

• Breaks consistency: Interfering mid-strategy can disrupt expected outcomes
• Emotional pitfalls: You might close good trades too soon
• Extra effort: Requires time and attention, especially during volatile hours
• Loss of automation: Some platforms stop syncing modified trades, putting the full responsibility on you

Mistake to Avoid: Using manual control as a crutch for fear — trust the strategy unless there’s a strong reason not to.

Real-World Insights from Traders

Mark (Canada, part-time trader)

“I watched my account drop 3% on a trade the master never exited. I closed manually at -2%, and that saved me from a -6% spiral the next day. I still copy that trader, but I stay alert.”

Maria (Spain, beginner)

“I started with zero experience. I let everything run for weeks. Now I manually add stop-losses when the strategy doesn’t use any. It helps me sleep better.”

Ravi (India, intermediate)

“I used to close trades too early — then I compared results. Most of the time, the strategy recovered. Now I only intervene after major news or if exposure gets too big.”

Lesson Learned: Most traders agree — it’s not about doing better than the master trader. It’s about aligning their decisions with your comfort zone.

Training Yourself to Intervene Wisely

If you’re new to manual trade management, practice without risk:

• Step 1: Track every trade you wanted to close or modify in a journal
• Step 2: Write why — was it fear, logic, or breaking news?
• Step 3: Check how that trade ended

Do this for two weeks. You’ll quickly see patterns in your thinking — and spot when intervention helps or hurts.

Quick Checklist: Are You Ready to Manage Trades Manually?

• I know how to modify, close, or hedge trades in MT4/MT5
• I’ve practiced “shadow managing” trades using a log
• I know my risk tolerance and drawdown limits
• I have alerts set for major market-moving events
• I understand that not every dip is a danger sign

If you’ve checked off most of these, you’re ready to start managing copied trades with confidence.

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FAQs

1. Can I manually edit a trade copied through Zulutrade or Myfxbook? Yes. You can modify or close trades in MT4/MT5, but the platform may stop syncing that particular trade after you do.

2. What happens if I only close part of a copied trade? You keep the rest open. The remaining trade stays active, but future control may shift to you, not the system.

3. Will future trades still copy after I intervene? Yes — unless you disable the strategy or provider, new signals will still come through.

4. Does manual control increase my trading costs? Not directly. But extra trades, hedging, or early closures may lead to higher spreads or swap fees depending on market timing.

5. Can I undo a manual change if I change my mind? Not really. Once you close or modify a trade, the platform can’t reattach it to the original strategy.

6. How do I know if it’s better to wait or take action? Use your trade log, alerts, and drawdown thresholds. Over time, you’ll build trust in your judgment.