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Copy trading

john bassett (johnbgoode)
Jul 31 2021 at 06:54
1 posts
If someone is copy trading from me can they create a system which automatically enters trades for them, not manually?

Can they also alter the lot size to suit their account size?
AliaDare
Jul 31 2021 at 12:49
788 posts
As far as I know, the lot size can change.
Alexthetrader
Jul 31 2021 at 16:53
64 posts
Yeah, lot size can be altered as per my knowledge.
LukeRachel
Aug 01 2021 at 16:48
477 posts
Lot size needs to be maintained. And it usually depends on the trading knowledge.
Carlos122
Aug 20 2021 at 14:38
35 posts
Is copy trading profitable? Is it possible to alter the lot size to adapt to the account size?
Fidely
Sep 30 2021 at 19:19
15 posts
I don't understand this approach, why are people too lazy to do the analysis themselves? It's a key stage of the job!
Suradi (FXOday)
Sep 30 2021 at 23:35
364 posts
Maybe its advantage is copy trading, followers can adjust position size according to their money management plan, not all brokers offer copy trading, some brokers use ZuluTrade as social trading facilitation, another way to investing forex is to use PAMM trading, and looking for the profitable expert advisor.
croisssan
Oct 01 2021 at 06:52
939 posts
As for me, this is not the most reliable option for work. It is more correct when the trader himself knows which deals are best to work.
AliaDare
Oct 04 2021 at 01:23
788 posts
FXOday posted:
Maybe its advantage is copy trading, followers can adjust position size according to their money management plan, not all brokers offer copy trading, some brokers use ZuluTrade as social trading facilitation, another way to investing forex is to use PAMM trading, and looking for the profitable expert advisor.
Of course, not everyone in the Forex market wants to do copy trading. Some people have different views.
billysnyder
Oct 06 2021 at 06:19
111 posts
Copy trading is best for newbies, helps them gain other traders’ perspectives on market and trading opportunities.
Wittonlord
Oct 06 2021 at 19:58
12 posts
The lot size is adjusted according to the parameters you used.
Trades can be copied automatically - this is the standard format today.
SteveHanks
Nov 24 2021 at 20:17
536 posts
Wittonlord posted:
The lot size is adjusted according to the parameters you used.
Trades can be copied automatically - this is the standard format today.
Copy trading can be dangerous for the new traders.
Williamfreed
Nov 30 2021 at 02:09
176 posts
Copy-trading usually takes place using a dedicated and structured copy trading platform, such as that offered by FP Markets, or by connecting your broker account with other similar trading platforms.

A copy trade involves two parties, the trader and the copier. If a trader has enough experience and is demonstrating strong performance, he or she may be copied.

The traders will typically earn a commission for each copy they have. The commission depends on the platform or trader.
RobertFerrari
Nov 30 2021 at 05:28
415 posts
Williamfreed posted:
Copy-trading usually takes place using a dedicated and structured copy trading platform, such as that offered by FP Markets, or by connecting your broker account with other similar trading platforms.

A copy trade involves two parties, the trader and the copier. If a trader has enough experience and is demonstrating strong performance, he or she may be copied.

The traders will typically earn a commission for each copy they have. The commission depends on the platform or trader.
Copy-trading doesn't suit every trader. So, it can be very risky.
pipham
Dec 02 2021 at 05:52
53 posts
I can’t trust anyone else to manage my money no matter how skilled or experienced the other trader is. It’s okay to hire a mentor or take someone’s help but you can’t actually learn unless you take things in your hands. I feel that it’s also not possible to work on your emotions when you are simply copying another trader’s strategies on your account. You won’t feel the emotional turmoil one faces while taking any trading decision.
LyudmilLukanov
Dec 08 2021 at 13:40
831 posts
Copy trading is when you copy someone else’s trades like entry price, stop loss, take profit, etc.
Akasuki
Dec 08 2021 at 15:16
569 posts
Copy trading can be good if you do not want to learn trading by yourself. And it's also important to follow copy every trades. If you don't follow every trades you may end up copying only the losing trades.
Treeny
Dec 08 2021 at 21:44
213 posts
Best to learn for yourself imo
SofieAndreasen
Dec 10 2021 at 21:42
759 posts
Copy trading is a form of social trading where a user can follow the trades of another.
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