How to find Great Traders for invest/copy?
WealthyTrader posted:
... That is why i started searching for a good and profitable signal i will auto copy so I can take rest atleast for next 6months and study very well + learn to manage risk + impatience.
Any help will be appreciated. I need honest and trusted recommendations.
a very wise man!
every beautiful garden has a strong hedge around
ProfitableRisks
(ProfitableRisks)
Member Since Dec 18, 2019
38 posts
Dec 25 2019 at 17:07
JohnRo posted:
Many people have some money to invest but don't have the time and knowledge to trade successfully. I see that there are so many traders show their trading accounts trying to get investors/subscribers. Still, many of 'great performance' accounts crash or disappear after a few months.
I have copied several signals that looked great at the time of subscription but only to see it perform badly when subscribed. Some of them crashed after a few months or weeks. Luckily I have unsubcribed them before that.
Just want to have this thread to discuss on how to identify a good trading account up front, not really have to subscribe and then fail with them.
Normally good traders are very expensive to deal with, some go for big money only, and by their way of tradeing or history you could identify, by the way good trader do not always do those monthly sub. things, we trade direct.
Trender
There is not such to be real in that, I assume everyone should develop their own way for that matter entirely and clearly anyway on many many reasons out there totally and completely. And I for sure do not see what is what absolutely and possibly.
WealthyTrader
Member Since Dec 19, 2019
2 posts
Apr 15 2020 at 20:00
Androgelv posted:
There is not such to be real in that, I assume everyone should develop their own way for that matter entirely and clearly anyway on many many reasons out there totally and completely. And I for sure do not see what is what absolutely and possibly.
You are absolutely right. Am doing great now after 2months despite the world condition. I have develop my own strategy and maintain good money management.
Am happy now as a trader. I will advice All to do same. Dont depend on anyone signal or account management or copy trade because with time, it must fail. I have lost so much but happy now as i can trade myself confidently with just NAKED CHARTS.
Robert Carver,
a successfull U.K trader who explain a trading system to starting, on market you can find his books on AMAZON.
If you 're in E.U, i have find a good Broker: Darwinex.com, you have just to invest on the best trader(s) ->passive method
a successfull U.K trader who explain a trading system to starting, on market you can find his books on AMAZON.
If you 're in E.U, i have find a good Broker: Darwinex.com, you have just to invest on the best trader(s) ->passive method
I agree we should have strong risk management in place. By self trading is not viable for many of us. We have to invest somewhere, so I suggest we should learn risk management tools and then diversify our portfolio by copying multiple signal providers. Drawdown should be the most important parameter to see before copying any signal and then high growth signals come with highest risk. We should expect at the most 4-6% monthly return with lowest drawdown signals. Once you become impatient and try to double your capital overnight, your account is blown away
Professional4X posted:
The difference between a profitable investor and someone with a blown account is RISK MANAGEMENT.
Everything else is secondary to RISK MANAGEMENT.
Learn to PROPERLY trade and focus on RISK MANAGEMENT is the #1 priority.
Couldn't have said it better. Risk Management is always an important and first priority
JohnRo posted:
Many people have some money to invest but don't have the time and knowledge to trade successfully. I see that there are so many traders show their trading accounts trying to get investors/subscribers. Still, many of 'great performance' accounts crash or disappear after a few months.
I have copied several signals that looked great at the time of subscription but only to see it perform badly when subscribed. Some of them crashed after a few months or weeks. Luckily I have unsubcribed them before that.
Just want to have this thread to discuss on how to identify a good trading account up front, not really have to subscribe and then fail with them.
Please find a regular brokers, the performance is real, lots of fake brokers have fake performance to scam copy fee.
I am a trader as well, you can see my account and history, good risk management and good return.