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Following other's trade ideas
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LyudmilLukanov

Mitglied seit Jul 23, 2020  135 Beiträge LyudmilLukanov Oct 17 at 17:21
GeorgeBischof posted:
I don't think it is a good idea. Because every trader doesn't have the same knowledge and experience in this market.

Every person is different as well as their preference. They create their strategy with their own preference which might not work for other trader.

turduckenpant

Mitglied seit Oct 26, 2020  1 Beiträge turduckenpant Oct 27 at 10:44
I think that it depends on the trader. Some find it useful to trade using others’ ideas while some don’t.

mister_trader623

Mitglied seit Aug 24, 2020  13 Beiträge Money Makin Jes (mister_trader623) Oct 27 at 12:13
I think it is ok to a point, I would use his\her\binary ideas and then mold into my trading style.

Be more financially free then yesterday.
Cegar

Mitglied seit Sep 29, 2019  17 Beiträge Cegar (Cegar) Oct 30 at 10:31
Copying another traders trading plan is an effective way for a person that a busy schedule to take for trading and make sure that they make money even though they do a lot of work. ti makes things easier and gives you time to focus on other things. It is not recommend though.

Tocage

Mitglied seit May 21, 2020  8 Beiträge Tocage Oct 30 at 12:24
Following other trades trade idea is only effective if you are not a beginner. If you are a beginner and you want to copy trade then you are going to miss it a lot of things and the chances of you making it big in forex is very small because you don't ever fully understand what you're doing.

Martingupttil

Mitglied seit Oct 12, 2020  27 Beiträge Martingupttil Nov 20 at 06:43
For different people, trading comes differently. It is up to you what your financial goals are and trade accordingly.

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