Leonor_Lou2
Member Since Jan 23, 2023
18 posts
Jan 24 at 04:39
Joyal posted:It varies from platform to platform. The majority of platforms do not charge any additional fees for joining a copy trading platform. But of course, it’s important to research the various options available and to carefully consider the costs.
Greetings everyone, I have a question regarding copy trading.
I am just wondering if it is possible to copy trade someone for free?
MathewReyan
Member Since Jan 23, 2023
1 posts
Jan 25 at 04:51
Eerid_219 posted:Copy trading sounds profitable initially, but if you do not learn from what you are copying, I highly doubt it's sustainable.
According to estimates, the copy trading market will grow to $3.77 billion by 2028. Are you convinced that copy trading is profitable based on this number?
Prince Sajir
(princesajir)
Member Since Jan 25, 2022
130 posts
Jan 31 at 09:17
You are the master of the deal. Following a single order can come with a very high level of risk. But I approve of the trading pattern of following orders, the process will be very difficult.
MathewReyan posted:IMO, copy trading can be a sustainable option for those who lack the time or knowledge to trade themselves. You just need to make sure to pick a knowledgeable trader with a good track record, since you're basically relying on their experience. With the right trader, you can achieve higher returns while minimizing potential risks.Eerid_219 posted:Copy trading sounds profitable initially, but if you do not learn from what you are copying, I highly doubt it's sustainable.
According to estimates, the copy trading market will grow to $3.77 billion by 2028. Are you convinced that copy trading is profitable based on this number?
Abderrahmane1992
Member Since Mar 05, 2019
11 posts
Feb 06 at 14:33
Eerid_219 posted:
According to estimates, the copy trading market will grow to $3.77 billion by 2028. Are you convinced that copy trading is profitable based on this number?
No. This does not indicate that copy trading is profitable in any way. What exactly is this figure and where did it come from. Let's assume it is the AUM for copy trading. But this does not tell us anything about the actual profits made by people copying.
I suppose copy-trading is profitable, but probably very difficult for a beginner...
Copy trading can be a lucrative business. It enables you to mimic the trades of experienced traders, allowing you to learn the strategies they employ and benefit from their experience and success.
Leonor_Lou2
Member Since Jan 23, 2023
18 posts
Feb 17 at 12:20
Bolidor09 posted:As a beginner, I find copy trading to be a great way to start trading. It really helps me avoid the common pitfalls that new traders often fall into. By copying the strategies of expert traders, I don't have to figure everything out on my own, and it helps me learn from their experiences and make better decisions.
I suppose copy-trading is profitable, but probably very difficult for a beginner...
Some good platforms for copy trading are zulutrade and pelican.
It seems to me that such an option may simply not have the most positive results. It should be understood that, as a result, this may lead to not the most positive results of the work.
davesper posted:Have you tried copy trading yet? Because I have been following some pro traders lately and seeing good results in my portfolio.
It seems to me that such an option may simply not have the most positive results. It should be understood that, as a result, this may lead to not the most positive results of the work.
yes, copy trading can be quite profitable. However, it's important to remember that there are risks involved, and not all traders will be successful. Still, for those who are willing to take the risk, copy trading can be a great way to make money in the financial markets.
It is very unlikely that anyone will be profitable from copytrade (apart from the broker!). Most copytraders use martingale EAs and these will ruin you
MathewReyan posted:Eventually, all result depend to the leader of copy trading itself and our setting, because copy trading is only copy and follower they are free to adjust position size, so depends on the strategy also, long-term strategy without stop loss or stop loss wide may impact to the strength of margin and could different result between leader and follower because different amount of capitalEerid_219 posted:Copy trading sounds profitable initially, but if you do not learn from what you are copying, I highly doubt it's sustainable.
According to estimates, the copy trading market will grow to $3.77 billion by 2028. Are you convinced that copy trading is profitable based on this number?
I agree with @Investfox ! That’s why it’s important to do your research on traders before copying their trades. To determine a trader's potential success, you should consider their trading history, risk score, winning trades and their maximum drawdown.
LeslieRuiz
Member Since Mar 03, 2023
13 posts
Mar 03 at 11:36
I would also like to get clarification on a doubt I have regarding copy trading since everyone is talking about it in the thread. I recently began copying trades, but how can I keep track and manage them effectively? Can someone please help me out with this?
Gary Comey
(Lazard)
Member Since Jan 20, 2014
81 posts
Mar 03 at 18:05
I made a video called COPY TRADING DO'S & DON'TS. Hope it's helpful.
By Wisdom & Courage
Indeed, copy trading may be lucrative. But, keep in mind that there are dangers involved, and not all traders will succeed. Yet, for those prepared to accept the risk, copy trading may be an excellent strategy to profit in the financial markets.
Ambersmith345
Member Since May 02, 2022
26 posts
Mar 07 at 08:50
LeslieRuiz posted:I would like to give you a few tips that worked out for me and might be helpful to you:
I would also like to get clarification on a doubt I have regarding copy trading since everyone is talking about it in the thread. I recently began copying trades, but how can I keep track and manage them effectively? Can someone please help me out with this?
1. Make sure to regularly monitor the performance of the traders you are copying.
2. Keep an eye on how they're doing. You don't want to blindly follow someone who's not making good trades, right?
Hope it helps!
Maverwallace_5
Member Since Jan 12, 2023
13 posts
Mar 10 at 05:02
Lazard posted:
I made a video called COPY TRADING DO'S & DON'TS. Hope it's helpful.
Quite an informative video! It’s a must-watch for anyone interested in copy trading or just seeking more information.