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Copy trading
Membro Desde Aug 08, 2021
1 posts
Aug 08, 2021 at 16:51
Membro Desde Aug 08, 2021
1 posts
Hi,
Can anyone advise how one goes about setting up a copytrading account? Is it done through myfxbook or is it an ancillary site like signal or autotrade?
I have used copy trading system on etoro and tried other systems (like Duplitrade which is awful) but just wondering how we can mirror the best performing strategies on here? I already have a linked to my broker account.
Any advice greatly appreciated
Can anyone advise how one goes about setting up a copytrading account? Is it done through myfxbook or is it an ancillary site like signal or autotrade?
I have used copy trading system on etoro and tried other systems (like Duplitrade which is awful) but just wondering how we can mirror the best performing strategies on here? I already have a linked to my broker account.
Any advice greatly appreciated
Membro Desde Mar 17, 2021
536 posts
Nov 26, 2021 at 18:41
Membro Desde Mar 17, 2021
536 posts
croisssan posted:To get success, you need experience and knowledge. Copy trading can put you in great danger.
It should be understood that it is quite difficult to achieve success in this industry in this way. Rather, it is not even difficult, but completely impossible.
Membro Desde Jul 23, 2020
869 posts
Membro Desde Jul 23, 2020
759 posts
Dec 20, 2021 at 06:30
Membro Desde Dec 13, 2021
32 posts
Copy trading is a method of Forex trading in which traders copy the trades of more successful traders. This can be done with a variety of brokers. Beginners can use this method with a few caveats to increase their profits with higher leverages. Always use proper money management when trading any method, including copy trading.
Dec 24, 2021 at 02:20
Membro Desde Jul 19, 2020
751 posts
Well, it's a good way to earn but not that much good way to learn for me. If my kind of person sees a very successful trader I can always copy, it automatically eludes me from learning how to analyze. I think getting anything out of Forex requires motivation.
Feb 03, 2022 at 14:56
Membro Desde Oct 15, 2020
11 posts
Copy-trading is the first thing I will try once I open a real trading account. Initially, I thought to stop demo trading and shift to a real account. Then, I changed my mind. I decided to open a real account for copy-trading and I will continue trading on a demo account. I want to see how I can benefit from copy-trading. Maybe I will postpone my manual trading on a real account.
Membro Desde Apr 14, 2022
41 posts
Jan 11, 2023 at 12:33
Membro Desde Apr 14, 2022
41 posts
Copy trading can be good if you are able to find a good trader to copy.
You can find reliable traders with good track records on copy trading platforms like Zulutrade, etoro and naga. Can give them a try on their demo accounts for better clarity.
You can find reliable traders with good track records on copy trading platforms like Zulutrade, etoro and naga. Can give them a try on their demo accounts for better clarity.
Jan 19, 2023 at 12:07
Membro Desde Jan 19, 2023
21 posts
You can usually set specific conditions when subscribing to CT, like if your account balance is 1000$ and CT providers 1 000 000$, obviously your copied trades wont be same lot sizes, since provider is probably trading with higher volume. You can set max % you can lose or earn with each trade, or daily % so stop copying trades once you have lost / earned enough money. If you pick a provider who is highly successful, I dont see a reason why It would be a bad idea, just keep in mind your profits may not cover subscription cost.
Jan 21, 2023 at 08:55
Membro Desde Oct 28, 2022
50 posts
KAnthony posted:When it comes to leverage and margin levels, you can customize the settings to fit your own trading needs and risk appetite. You need not copy other traders' exact settings. And as for my experience with copy trading, I get to see some decent trades and I'm also learning a ton. If you're new to the game, I'd definitely recommend you to give it a try.
hi all. i'm newbie and dont know much things. i dont even know about copy trading. see here reviews it's danger. why so?
copy trading means i open the same trades as other person? what about leverage? and margin level?
Membro Desde Dec 08, 2022
14 posts
Feb 01, 2023 at 09:41
Membro Desde Jan 27, 2023
19 posts
Copy trading is a very simple process since you only need to decide the amount you wish to invest and copy everything they do automatically in real-time. Hence, when some trader makes a trade, your account follows it as well and makes the same trade.
Feb 01, 2023 at 12:02
Membro Desde Oct 28, 2022
50 posts
KAnthony posted:Personally, I use zulutrade to copy traders, and it's been a good experience for me. You can also test the platform on their demo account to see for yourself. Worth giving a shot!
what cope trading do you use? do you have some advices?
Membro Desde Oct 01, 2022
53 posts
Membro Desde Jun 12, 2024
6 posts
Membro Desde Nov 12, 2012
3 posts
Dec 01 at 10:06
Membro Desde Nov 12, 2012
3 posts
Metatrader and cTrader offer a powerful and reliable copy trading service. Personally, I use both of them as both a service provider and a copier. To synchronize the two platforms, I use 'Copiix,' which is completely free.
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