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Copy trading
Členem od Sep 07, 2015
1 příspěvků
Jul 31, 2021 at 06:54
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?
Can they also alter the lot size to suit their account size?
Členem od Jul 19, 2020
742 příspěvků
Jul 31, 2021 at 12:49
As far as I know, the lot size can change.
Členem od May 27, 2021
63 příspěvků
Jul 31, 2021 at 16:53
Yeah, lot size can be altered as per my knowledge.
Členem od Mar 16, 2021
447 příspěvků
Aug 01, 2021 at 16:48
Lot size needs to be maintained. And it usually depends on the trading knowledge.
Členem od Sep 18, 2020
15 příspěvků
Sep 30, 2021 at 19:19
I don't understand this approach, why are people too lazy to do the analysis themselves? It's a key stage of the job!
Členem od Apr 03, 2021
437 příspěvků
Sep 30, 2021 at 23:35
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.
Členem od Jul 19, 2020
742 příspěvků
Oct 04, 2021 at 01:23
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.
Členem od Sep 14, 2020
12 příspěvků
Oct 06, 2021 at 19:58
The lot size is adjusted according to the parameters you used.
Trades can be copied automatically - this is the standard format today.
Trades can be copied automatically - this is the standard format today.
Členem od Mar 17, 2021
494 příspěvků
Nov 24, 2021 at 20:17
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.
Členem od Aug 10, 2021
172 příspěvků
Nov 30, 2021 at 02:09
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.
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.
Členem od Nov 03, 2021
53 příspěvků
Dec 02, 2021 at 05:52
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.
Členem od Jul 23, 2020
816 příspěvků
Dec 08, 2021 at 13:40
Copy trading is when you copy someone else’s trades like entry price, stop loss, take profit, etc.
Členem od Mar 28, 2021
586 příspěvků
Dec 08, 2021 at 15:16
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.
Členem od Feb 08, 2019
200 příspěvků
Dec 08, 2021 at 21:44
Best to learn for yourself imo
Členem od Jul 23, 2020
696 příspěvků
Dec 10, 2021 at 21:42
Copy trading is a form of social trading where a user can follow the trades of another.
Členem od Jul 22, 2024
1 příspěvků
Jul 24, 2024 at 17:55
What's up everyone
Členem od Sep 12, 2022
10 příspěvků
Jul 28, 2024 at 14:13
johnbgoode posted:
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?
There are many software products that allow you to share your trading signals onto other users accounts. They are all highly configurable - risk settings, symbols filtered, etc
Most require subscription fees such as SocialTraderTools, Duplikium, SignalStart and are very user-friendly, easy to configure. Some like the FXBlue Internet Trade Mirror are free as long as you don't exceed 100 subscribers and are prepared to read some documentation and manually install the EA.
Important to be aware that there can be very significant differences in trading results between the source account and the target account for many reasons, especially if using different brokers with different spreads, commissions, etc. Especially with higher frequency, scalping type strategies that rely on many small profits.
The Trend is NOT your friend
Členem od Aug 13, 2024
34 příspěvků
Aug 16, 2024 at 08:54
johnbgoode posted:
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?
Yes, if someone is copy trading from you, they can set up a system that automatically mirrors your trades. They can also adjust the lot size to match their account size, so it scales according to what they're comfortable with. It's pretty flexible, but they should ensure everything is set up correctly to avoid any issues.
Členem od Aug 13, 2024
34 příspěvků
Aug 19, 2024 at 08:53
johnbgoode posted:
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?
Yeah, they can definitely set up an automated system to copy your trades without doing it manually. For example, I had a friend who copied my trades, and he tweaked the lot size to match his smaller account. It's a pretty straightforward setup with most copy trading platforms.
Členem od Aug 19, 2021
4 příspěvků
Aug 19, 2024 at 17:35
I think using pamm will have the best experience. There is no need to set anything, but the key is to have a reliable signal.
