{"id":6765,"date":"2013-03-12T06:18:07","date_gmt":"2013-03-12T13:18:07","guid":{"rendered":"http:\/\/www.tradingheroes.com\/?p=6765"},"modified":"2022-08-11T22:21:36","modified_gmt":"2022-08-12T05:21:36","slug":"how-to-automatically-tweet-your-forex-trades-with-a-link-to-your-website-or-trading-track-record","status":"publish","type":"post","link":"https:\/\/www.tradingheroes.com\/how-to-automatically-tweet-your-forex-trades-with-a-link-to-your-website-or-trading-track-record\/","title":{"rendered":"How to Automatically Tweet Your Forex Trades"},"content":{"rendered":"<p>By nature, traders are generally pretty private people.\u00a0 So a lot of you may not be interested in being able to show the world your trading results.\u00a0 Besides, it can be a little embarrassing if you are not trading well or you are just starting out.<\/p>\n<p>I don't care.\u00a0 If I'm going to blog, I'm going to do it right and that means that I need to show the world that <a href=\"https:\/\/www.tradingheroes.com\/trading-log\/\" target=\"_blank\" rel=\"noopener noreferrer\">I'm actually doing<\/a> what I'm writing about.<\/p>\n<p>If you are like me and one of the few people who do want to publicize your results, then this article is for you.\u00a0 This post actually came as a result of a good question that I got from Micah Fox of InvestingJourney.com on Twitter.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6766\" src=\"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/micah-fox.jpg\" alt=\"Micah Fox from Investing Journey\" width=\"514\" height=\"88\" srcset=\"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/micah-fox.jpg 514w, https:\/\/www.tradingheroes.com\/wp-content\/uploads\/micah-fox-300x51.jpg 300w\" sizes=\"auto, (max-width: 514px) 100vw, 514px\" \/><\/p>\n<p>I figured that if he wanted to learn how to do this, you may want to learn how to do it too.<\/p>\n<p><strong>You might consider publishing your results if:<\/strong><\/p>\n<ul>\n<li>You are a blogger and want to get more links back to your website<\/li>\n<li>You want to get more publicity on Twitter<\/li>\n<li>You want to manage money in the future and want to attract attention to your trading and establish a track record<\/li>\n<li>You want to save yourself the public embarrassment of bad trades being published publicly (motivate to trade well)<\/li>\n<\/ul>\n<p>If one of the above describes you, then this article will show you how to tweet your trades with no additional effort, except for the 15 minute setup in the beginning.\u00a0 I'll show you the little tricks to make auto tweeting your trades a great marketing strategy and what to avoid to keep yourself out of trouble.<\/p>\n<p>It can be done in demo or live accounts and you can hide private information like account balances.\u00a0 You can setup your reporting just to show % profit\/loss, which is the most important information anyway.<\/p>\n<h2>The big picture<\/h2>\n<p>So what we are going to be doing here is connecting our live or demo Forex account to <a href=\"https:\/\/www.myfxbook.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">MyFxBook (MFB)<\/a> to track our trading results.\u00a0 Within MFB, there is a function where you can automatically tweet each of your trades.<\/p>\n<p>MFB is a free online reporting website that has read-only access to your trading account (it cannot make trades) and will graph your trading performance and allow you to journal your trades.<\/p>\n<p>That is the basic idea.\u00a0 Now lets get into how to do it.<\/p>\n<h2>A word of caution<\/h2>\n<figure style=\"width: 230px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" title=\"caution about forex tweets\" src=\"https:\/\/farm1.staticflickr.com\/6\/76138988_28394182ec_m.jpg\" alt=\"A word of caution about auto tweeting your forex trades\" width=\"240\" height=\"160\" \/><figcaption class=\"wp-caption-text\">What you do not want to do when tweeting your trades<\/figcaption><\/figure>\n<p>Before we go any further however, there are a couple of things that I would like to caution you about.<\/p>\n<p><strong>First<\/strong>, MFB actually has two ways that you can tweet your trades.\u00a0 You can tweet when you open a trade or close a trade.<\/p>\n<p>Or you can do both.<\/p>\n<p>There is a temptation to be a smarty pants and tell the whole world when you are opening a trade.\u00a0 <em><strong>I would strongly recommend against this.\u00a0<\/strong><\/em><\/p>\n<p>The reason is that, especially if you are trading well (or even if you aren't), people may mistake your tweets for trading advice and start to mimic your trades.<\/p>\n<p>But they may get the tweet late or not understand the entry and enter at the wrong place and lose money.\u00a0 Then they might badmouth you or worse, take legal action against you for &#8220;causing&#8221; them to lose money.<\/p>\n<p>It's just not worth the headache.\u00a0 Don't try to be the smartest Forex Trader on Twitter.<\/p>\n<p><strong>Second<\/strong>, just to be safe, I would put a link to a disclaimer in your profile description somewhere.\u00a0 I'll show you how to do it in a bit, but just keep that in mind for now.<\/p>\n<h2>How to setup MyFxBook the first time<\/h2>\n<p>This can depend on your broker, but if you are using Metatrader, it is pretty straightforward.\u00a0 The individual instructions can be found here <a href=\"https:\/\/www.myfxbook.com\/help\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">on the MyFxBook website<\/a>.<\/p>\n<p>The MFB website does a pretty good job of showing you what to do, so check that out before you proceed.\u00a0 If MFB doesn't support your broker, then open a demo account at another broker that is supported.\u00a0 I recommend using <a href=\"https:\/\/fxtrade.oanda.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Oanda<\/a> because their demo accounts don't expire.<\/p>\n<p>Once that is setup, MFB has a great set of reporting tools to show you how well you are doing.<\/p>\n<p>One thing to note is that your system does not need to be publicly accessible in MyFxBook for the Tweeting function to work.\u00a0 Also, when people visit your account report page, you can <a href=\"https:\/\/www.myfxbook.com\/help#help_23\" target=\"_blank\" rel=\"noopener noreferrer\">hide sensitive information<\/a> like the account balance.<\/p>\n<h2>Setting up shortlinking<\/h2>\n<p>Why do you need shortlinking?\u00a0 Because in this online world of short burst messages, every character counts.\u00a0 Instead of using a long ass website address, you want to be able to use as many of those characters as possible for your message.<\/p>\n<p>Not to worry, you can set this up for free through sites like\u00a0<a href=\"https:\/\/bitly.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Bit.ly<\/a>.\u00a0 Shortening your link not only allows you to use more characters, but it also allows you to track how many clicks you are getting on your links and where those clicks are coming from.<\/p>\n<p>I use Bit.ly myself and I really like it.\u00a0 You can setup a new account by going to <a href=\"https:\/\/bitly.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">their website<\/a>.\u00a0 After you set that up, you will be able to use that account in the next steps.\u00a0 Be sure to look out for the bonus lesson at the bottom where I show you how to setup your own branded shortlinks with Bit.ly.<\/p>\n<h2>Setting up Twitter<\/h2>\n<p>If you do not have a Twitter account, head on over to Twitter and set one up.<\/p>\n<p>Here are instructions on <a href=\"https:\/\/support.twitter.com\/groups\/31-twitter-basics\/topics\/104-welcome-to-twitter-support\/articles\/215585-twitter-101-how-should-i-get-started-using-twitter#\" target=\"_blank\" rel=\"noopener noreferrer\">how to get started with Twitter<\/a>.<\/p>\n<p>Remember to put a disclaimer into your Twitter profile description if you want to be safe.\u00a0 It might be a little paranoid, but I would rather be safe than sorry.<\/p>\n<p>If you don't have a blog already, just setup a free one on <a href=\"https:\/\/wordpress.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">WordPress.com<\/a> or Blogger.com, create a page with your disclaimer statement on it, shortlink it in Bit.ly and add the link in your Twitter profile.<\/p>\n<p>Don't know what to say in a disclaimer?\u00a0 Feel free to cut an paste from <a href=\"https:\/\/www.tradingheroes.com\/disclosures\/\" target=\"_blank\" rel=\"noopener noreferrer\">my Disclosure Statement<\/a>.\u00a0 I make no guarantees if you copy mine, but it will get you started.\u00a0 And just like when you copied work in high school, remember to put your name on it, not mine.\u00a0 \ud83d\ude42<\/p>\n<h2>Using hashtags<\/h2>\n<figure style=\"width: 490px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" title=\"Using hashtags in your MyFxBook Tweets\" src=\"https:\/\/farm9.staticflickr.com\/8147\/7200134620_f8698d395b.jpg\" alt=\"hashtag on grass\" width=\"500\" height=\"333\" \/><figcaption class=\"wp-caption-text\">How to hashtag your trades<\/figcaption><\/figure>\n<p>What is a hashtag?\u00a0 You can simply think of hashtags as labels that start with #.\u00a0 It is just a way to add a label to your tweet so people can only follow tweets with that label.\u00a0 For example, if you wanted to find tweets about Bruce Springsteen, you would setup a search for the hashtag <strong>#theboss<\/strong>.<\/p>\n<p>But if you wanted to see all of my trades, you would follow the hashtag <strong>#thebossfx<\/strong>.\u00a0 Here is a video on how to setup hashtag searches in twitter.<\/p>\n<p>Hashtags are important because people follow hashtags.\u00a0 If you use the right hashtags or invent your own, that increases the chance that more people will find your tweets and go to your website or check out your trading record.<\/p>\n<h2>Setting up the connection between Twitter and MFB<\/h2>\n<p>Now you have to go into MFB and setup your account to broadcast to Twitter.\u00a0 Here is a video on how to do it:<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/S03e-f-Mq2o?rel=0&showinfo=0\" width=\"853\" height=\"480\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Remember to put in a link to your blog or back to your public trading report on MFB so people can track what you are doing.<\/p>\n<p>What I do is embed the MFB widget into a page on my blog and send people to my blog page.\u00a0 This gets people to my website where they can still see my trading record, but they can also find other useful information and sign up for my email course.<\/p>\n<p>Here is a video on how to embed the graph of your trading in your blog:<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/j_TV2tTPWEo?rel=0&showinfo=0\" width=\"853\" height=\"480\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h2>Bonus lesson (totally optional)<\/h2>\n<p>If you want to add a touch of personalization to your links, you can do what is called a domain hack.\u00a0 Don't worry, it's not illegal, it just refers to using special domain endings to create domains that spell whole words or phrases, using fewer characters.<\/p>\n<p>Some famous examples are:<\/p>\n<ul>\n<li>del.ico.us (10 characters instead of delicious.com, which is 13 characters)<\/li>\n<li>about.me (8 characters instead of aboutme.com, which is 11 characters)<\/li>\n<li>goo.gl (6 characters instead of google.com, which is 10 characters)<\/li>\n<\/ul>\n<p>Yes, every character counts.<\/p>\n<p>The best way that I have found to find domain hacks is to use the website <a href=\"https:\/\/domai.nr\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">domai.nr<\/a>.\u00a0 It is a free site that is a huge help.\u00a0 Get creative and see what you can come up with for your personal name or blog name.<\/p>\n<p>Using a domain hack for your bit.ly links will look more branded and stand out&#8230;not to mention they are what all the cool kids are doing.\u00a0 But if you could really care less, then don't do it.\u00a0 The standard bit.ly links work just as well.<\/p>\n<p>These domains cost money and can cost significantly more than regular domains like .com or .net.\u00a0 For example, I purchased thero.es for this blog.\u00a0 The .es ending is for Spain, but luckily they only cost about $17 per year.<\/p>\n<p>However, I also purchased hugh.hk for my personal links.\u00a0 This is a Hong Kong ending so those cost $50 per year.<\/p>\n<p>I've seen domains for certain countries that cost $1,000 per year or more.\u00a0 If the one you want is too expensive or not available, get creative and try other options.\u00a0 There are so many ways to skin a shortlink and domai.nr is really good at suggesting them.<\/p>\n<p>I recommend <a href=\"https:\/\/www.tradingheroes.com\/namecheap\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Namecheap<\/a> and <a href=\"https:\/\/www.tradingheroes.com\/marcaria\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Marcaria<\/a> to register domains.\u00a0 Namecheap is more for the common domains and Marcaria is for the more exotic foreign domains.<\/p>\n<p><strong>Quick note:<\/strong> No matter how hot or how good a driver you think Danica Patrick is (I think she is both), and no matter how many strip tease commercials they have during the Super Bowl, do not get anything from GoDaddy.\u00a0 That is not just my personal opinion, Google it.<\/p>\n<p>Same with Network Solutions, I don't know how they can charge that much for their domains.\u00a0 But I guess if people pay&#8230;<\/p>\n<p>Anyway, that is my lesson on domain hacks for your shortlinks.\u00a0 <strong><em>Fun stuff, but totally optional.<\/em><\/strong><\/p>\n<h2>Conclusion<\/h2>\n<p>So if you are looking for a way to publicize your trading on Twitter is this the easiest way to do it&#8230;that I know of.<\/p>\n<p>Is this something you would do or are you doing it already?<\/p>\n<p>&nbsp;<\/p>\n<p>Photo:\u00a0 <a id=\"yui_3_7_3_3_1363109249688_1176\" href=\"https:\/\/www.flickr.com\/photos\/pictureperfectpose\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Picture Perfect Pose<\/a>, <a id=\"yui_3_7_3_3_1363110964780_1092\" href=\"https:\/\/www.flickr.com\/photos\/quinnanya\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">quinn.anya<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By nature, traders are generally pretty private people.\u00a0 So a lot of you may not be interested in &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How to Automatically Tweet Your Forex Trades\" class=\"read-more button\" href=\"https:\/\/www.tradingheroes.com\/how-to-automatically-tweet-your-forex-trades-with-a-link-to-your-website-or-trading-track-record\/#more-6765\" aria-label=\"Read more about How to Automatically Tweet Your Forex Trades\">Read more<\/a><\/p>\n","protected":false},"author":2022,"featured_media":8768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[201007],"tags":[899],"class_list":["post-6765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-software-tutorials","tag-myfxbook-tutorials","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to Automatically Tweet Your Forex Trades - Trading Heroes<\/title>\n<meta name=\"description\" content=\"If you want to show your trades in real-time on Twitter, this tutorial will show you how to Tweet your Forex trades automatically from MyFxBook.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tradingheroes.com\/how-to-automatically-tweet-your-forex-trades-with-a-link-to-your-website-or-trading-track-record\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Automatically Tweet Your Forex Trades - Trading Heroes\" \/>\n<meta property=\"og:description\" content=\"If you want to show your trades in real-time on Twitter, this tutorial will show you how to Tweet your Forex trades automatically from MyFxBook.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tradingheroes.com\/how-to-automatically-tweet-your-forex-trades-with-a-link-to-your-website-or-trading-track-record\/\" \/>\n<meta property=\"og:site_name\" content=\"Trading Heroes\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/tradingheroes\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-12T13:18:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-12T05:21:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/hashtag.png\" \/>\n\t<meta property=\"og:image:width\" content=\"150\" \/>\n\t<meta property=\"og:image:height\" content=\"150\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Hugh Kimura\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@tradingheroes\" \/>\n<meta name=\"twitter:site\" content=\"@tradingheroes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How to Automatically Tweet Your Forex Trades - Trading Heroes","description":"If you want 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Heroes","url":"https:\/\/www.tradingheroes.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tradingheroes.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/login-logo.png","contentUrl":"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/login-logo.png","width":300,"height":150,"caption":"Trading Heroes"},"image":{"@id":"https:\/\/www.tradingheroes.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/tradingheroes","https:\/\/x.com\/tradingheroes","https:\/\/www.instagram.com\/tradingheroes\/","https:\/\/www.linkedin.com\/company\/tradingheroes\/"]},{"@type":"Person","@id":"https:\/\/www.tradingheroes.com\/#\/schema\/person\/7224f1a7b68144f87391c62a49d7890a","name":"Hugh Kimura","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tradingheroes.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/15cd48e3c506e09e7a3b4edf8b221373f1e4e1a9148bbce44c77ff5db1e86693?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/15cd48e3c506e09e7a3b4edf8b221373f1e4e1a9148bbce44c77ff5db1e86693?s=96&d=mm&r=g","caption":"Hugh Kimura"},"description":"Hi, I'm Hugh and I'm an independent trader. Before starting Trading Heroes in 2007, I used to work at the trading desk of a hedge fund, for one of the largest banks in the world and at an IBM Premier Business Partner. Learn more about me here and read more of my articles here.","sameAs":["https:\/\/www.tradingheroes.com\/"],"url":"https:\/\/www.tradingheroes.com\/author\/hughkimura\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/posts\/6765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/users\/2022"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/comments?post=6765"}],"version-history":[{"count":2,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/posts\/6765\/revisions"}],"predecessor-version":[{"id":1021915,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/posts\/6765\/revisions\/1021915"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/media\/8768"}],"wp:attachment":[{"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/media?parent=6765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/categories?post=6765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/tags?post=6765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}