Copy trading

Jul 31, 2021 at 06:54
1,017 Angesehen
15 Replies
Mitglied seit Sep 07, 2015   1 Posts
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?
Mitglied seit Jul 19, 2020   788 Posts
Jul 31, 2021 at 12:49
As far as I know, the lot size can change.
Mitglied seit May 27, 2021   64 Posts
Jul 31, 2021 at 16:53
Yeah, lot size can be altered as per my knowledge.
Mitglied seit Mar 16, 2021   477 Posts
Aug 01, 2021 at 16:48
Lot size needs to be maintained. And it usually depends on the trading knowledge.
Mitglied seit Sep 18, 2020   15 Posts
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!
Mitglied seit Apr 03, 2021   470 Posts
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.
Mitglied seit Jul 19, 2020   788 Posts
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.
Mitglied seit Sep 14, 2020   12 Posts
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.
Mitglied seit Mar 17, 2021   536 Posts
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.
Mitglied seit Aug 10, 2021   178 Posts
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.
Mitglied seit Nov 03, 2021   53 Posts
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.
Mitglied seit Jul 23, 2020   869 Posts
Dec 08, 2021 at 13:40
Copy trading is when you copy someone else’s trades like entry price, stop loss, take profit, etc.
Mitglied seit Mar 28, 2021   617 Posts
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.
Mitglied seit Feb 08, 2019   213 Posts
Dec 08, 2021 at 21:44
Best to learn for yourself imo
Mitglied seit Jul 23, 2020   759 Posts
Dec 10, 2021 at 21:42
Copy trading is a form of social trading where a user can follow the trades of another.
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