Suradi
(FXOday)
Členom od Apr 03, 2021
470 príspevkov
Feb 20 at 23:00
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?
Keli_3
Členom od Oct 28, 2022
50 príspevkov
Feb 21 at 12:38
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
Členom od Mar 03, 2023
13 príspevkov
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)
Členom od Jan 20, 2014
82 príspevkov
Mar 03 at 18:05
I made a video called COPY TRADING DO'S & DON'TS. Hope it's helpful.
By Wisdom & Courage
Ambersmith345
Členom od May 02, 2022
26 príspevkov
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
Členom od Jan 12, 2023
13 príspevkov
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.
Tradelist45
Členom od Jun 26, 2020
327 príspevkov
Mar 10 at 12:17
copy trading can be a profitable issue for a while , nothing without it.
AbbasAliKhan08
Členom od Apr 19, 2022
104 príspevkov
Mar 10 at 13:45
can you please explain why it is related with short time approach ? because i have an another opinion.
Suradi
(FXOday)
Členom od Apr 03, 2021
470 príspevkov
Mar 13 at 22:56
I think better learn standalone, because follower still don't understand why leader copy trading open any trades. Except you want to become investor forex, copy trading and PAMM system is included option to investing, however the risk remain there.
Rococo_XVII
Členom od Mar 31, 2021
165 príspevkov
Mar 17 at 13:12
If you have opportunity to adjust copy trading system to your account properties then great. And of course if you believe in the trader or trading system.
Good luck then and wish you have a great profit.
Good luck then and wish you have a great profit.
Think thrice before opening an order
Maverwallace_5
Členom od Jan 12, 2023
13 príspevkov
Mar 18 at 08:08
Rococo_XVII posted:Are you basically copying someone else's trades, or is it more like sharing signals with others?
If you have opportunity to adjust copy trading system to your account properties then great. And of course if you believe in the trader or trading system.
Good luck then and wish you have a great profit.
Rococo_XVII
Členom od Mar 31, 2021
165 príspevkov
Mar 21 at 15:10
Maverwallace_5 posted:Rococo_XVII posted:Are you basically copying someone else's trades, or is it more like sharing signals with others?
If you have opportunity to adjust copy trading system to your account properties then great. And of course if you believe in the trader or trading system.
Good luck then and wish you have a great profit.
Surely I am not. Why do you think so? I'm all for freedom of choice. Let everyone choose what is close to him/her.
For example, I want more profit, but so far it has not worked. I even created a thread for discussion in this matter. If interested, I invite you to participate in the discussion.
Think thrice before opening an order
Frida central
(Fridacentral)
Členom od Nov 20, 2022
8 príspevkov
Mar 22 at 11:32
JerodMueller posted:yes we have. been doing since 2017
Yes, copy trading can be very profitable. It allows you to copy the trades of experienced traders, which can help you learn the strategies they use and benefit from their experience and success. Copy trading can also help you manage your risk, as you can diversify your portfolio by copying multiple traders. However, it is important to remember that copy trading carries its own risks, so it is important to research the traders you are copying and understand the risks involved.
Consistency is key of all time
ClausBonne
Členom od Sep 19, 2021
4 príspevkov
Mar 22 at 16:44
I think it is ok. If you dont have time to follow the markets and structure/price action. - Perhaps with your own analysis in conjunction
The problem is not your entry and exit and signals. Everyone can enter a market and make profit. It is 50/50 for beginners.
So, the solution.
Cut your loosing trades
Let your winners go
That is it. Even with a 40% hit rate, your RR should be massive.
The problem is not your entry and exit and signals. Everyone can enter a market and make profit. It is 50/50 for beginners.
So, the solution.
Cut your loosing trades
Let your winners go
That is it. Even with a 40% hit rate, your RR should be massive.
electrica333
Členom od Aug 17, 2022
80 príspevkov
Mar 28 at 05:38
Copy trading is an ideal option for individuals who is not ready to start trading or have any time to prepare their own strategies. Personally, I have been using zulu connected to my broker, aaafx, to copy the trades of better traders so that I can also make the same returns. Copy trading eliminates the emotional attachment to trades, which can lead to making irrational decisions or holding on to losing positions.
Brick_56
Členom od Apr 18, 2020
54 príspevkov
Mar 28 at 12:27
Copy trading can be profitable, but it depends on various factors, including the expertise of the trader you are copying, the trading strategy used, and the market conditions.
Tradelist45
Členom od Jun 26, 2020
327 príspevkov
Mar 29 at 09:06
some copy trading are too expensive but results are good , generally this system build for the investor not for the traders.
trickexist1
Členom od Nov 21, 2022
9 príspevkov
Mar 29 at 12:54
Copy trading can work but the odds of finding a good trader is so small. You will more likely end up with a scammer
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