Copy Trading - experience and tipps - page 6.

stomachgrowls

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Quote from: jrrsparkles on April 20, 2022, 12:41:07 PM

Quote from: ADCrypto101 on April 18, 2022, 11:11:47 AM

Hi guys,

does anybody had some success with copy trading?
Would be very interested if someone has some experience to share.

Thank you already!

Kind regards
AD

Copy trading is not for a beginner and who can't afford to lose too much of their capital because basically we are going to copy someone who is very successful already and expect the things to be repeated but the thing is he already made money so he can take risk and lose money but for you it can end up in vain.

Its actually one of the main considerations of most newbies since they do love to engage on the very easy way as possible which is very common but there are still experienced ones who do really consider

out on touching up copy trading but of course it is less likely.Only new to this trading or market would really be having that kind of choice because its the most simpliest way.You do just follow
on someone trade or copying and you arent doing something.

Who doesnt really like to be that way? Well, once you do realize on how reality works then you would start to changed up.

jrrsparkles

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Quote from: ADCrypto101 on April 18, 2022, 11:11:47 AM

Hi guys,

does anybody had some success with copy trading?
Would be very interested if someone has some experience to share.

Thank you already!

Kind regards
AD

Copy trading is not for a beginner and who can't afford to lose too much of their capital because basically we are going to copy someone who is very successful already and expect the things to be repeated but the thing is he already made money so he can take risk and lose money but for you it can end up in vain.

palle11

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Quote from: lombok on April 19, 2022, 04:12:49 AM

My advice never use it. The experience of my friend who uses copytrade, In the early days of copytrading my friend experienced a growing portfolio, but after a few trades, due to market movements that were not in line with what the main trader was doing, my friend suffered a considerable loss due to the risk management of the trader main ones that don't use stop losses.

Even if there is profit, we have to share the profits with the traders we copy.

This is just the disadvantage of copy trading because if the main trader falls every other person that is following goes down too and this keeps happening. Trading is not easy and very few traders make profit from it so I won't follow copy trading since profit isn't guarantee for profit. I would instead try to learn gradually by myself to master one or two ways to make little profit.

tvplus006

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Quote from: ADCrypto101 on April 18, 2022, 11:11:47 AM

...Would be very interested if someone has some experience to share.

If you are ready to trust an unfamiliar trader with your finances, then you can try to allocate a small part of your deposit for Copy Trading in order to test this function yourself. In this case, you will have to make the settings yourself so that in the case of a trader's setback transaction, it does not lead to the liquidation of your deposit.

zaesvlas

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It should be understood that the trader will exactly repeat the mistakes of his opponent. I would still advise you to count on yourself.

jossiel

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I think I've tried it before with a platform that allows this feature.

It's not worth it.

Their small loss, you might lose big because you'll never know that whenever you copy someone's trade, there could be a fee that goes to the person you copy.

That's just one reason and you have to look at the factor that you need to rely on yourself rather than relying with the others.

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Quote from: ADCrypto101 on April 18, 2022, 11:11:47 AM

Hi guys,

does anybody had some success with copy trading?
Would be very interested if someone has some experience to share.

Thank you already!

Kind regards
AD

OP, you don't need to copy trade. Every successful trader work for it and dig it from their own research and hardwork. So no one would even care to give it to you just as easy as that. If you can have one, great, but i don't think it will work for you the whole time. Every trader has its own working strategy that will only fit for him, and not for others. Trade on your own and eventually, with a lot of experience gained, you will develop the one that will work for you, and maybe by that time, you will be more successful and profitable than the one you intend to copy trade.

el kaka22

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There is a company that promotes copy trading and rename it "social trading" basically. They turned it into a situation where it is like social media where people have accounts and they share their trades automatically there, not like they can be about it because its connected via API so anytime they make any trade, you see it instantly.

This means that you get to see who is a great trader and there is a leaderbaord where you can see the best ones daily, weekly, monthly and even yearly. Which results with people following the best ones and that is a great way of doing it. If you want to do copy trading in a place like that, it would work, if you do it just to your coursing or something, it probably won't.

Hamphser

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Quote from: mk4 on April 18, 2022, 12:51:12 PM

I have a very small copy-trading portfolio on eToro just for fun, and I really don't expect to make a significant amount of money. In fact, I expect the traders I copy to totally mess it up at some point.

Think about it — if I was a totally successful trader, I'd take advantqage of my strategies on my own and make money myself.

I wont really be tending out to let other people to benefit on the thing i do give out some hard work just for some penny amount subscription or something like that. Doesnt really make any sense honestly.

Noobs would usually having the impression that they could make out good money without doing hardwork via these copy trades but its true that traders would mess up on some point.
So its better not to rely yourself with these people and would be more worth if you do lost money with your own analysis rather than with others.

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Quote from: JooBra on April 19, 2022, 01:51:19 PM

Quote from: ?? on ??

It seems to me that this option is not the best. When I worked with a broker from Amarkets, I always tried to achieve results myself. So the trader will have noticeably more experience and knowledge of work.

It isn't best for sure but it has a good side to it. If you are new to trading copy trading will help you learn a lot faster then learning alone and losing money in the process.

maybe if you are new to this trading, you can try using this copy trading method so you are just grasping what's going on. but later on, once you are comfortable with your trading moves, you can now do it on your own. because these traders won't share their strategies if they know that their every move is right on target. they are also human, subject to committing mistakes also.

JooBra

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Quote from: ?? on ??

It seems to me that this option is not the best. When I worked with a broker from Amarkets, I always tried to achieve results myself. So the trader will have noticeably more experience and knowledge of work.

It isn't best for sure but it has a good side to it. If you are new to trading copy trading will help you learn a lot faster then learning alone and losing money in the process.

Silberman

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Quote from: ADCrypto101 on April 18, 2022, 11:11:47 AM

Hi guys,

does anybody had some success with copy trading?
Would be very interested if someone has some experience to share.

Thank you already!

Kind regards
AD

You only need to think a little bit to know this is not a good option, if you have a successful strategy that you have developed on your own will you share that with everyone for no cost at all? What if one of the persons which is copying your trades is then able to realize how are you making your money and then tells to more people making your strategy way less effective? The risks are simply too high with no benefits, so most of those that allow themselves to be copied do not really have a reliable strategy at all.

GeorgeJohn

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Quote from: ADCrypto101 on April 18, 2022, 11:11:47 AM

does anybody had some success with copy trading?
Would be very interested if someone has some experience to share.

To be successful in trading of cryptocurrency or trading with forex trading you to understand the risk measure between cryptocurrency trading and forex Trading, so the important thing that makes someone to be prosper into cryptocurrency trading is not to be greedy, because to be greediness is what contribute almost eighteen percent of been at lost in Trading, at a point you made profit don't hesitate to not going off to the market, so waiting to have surplus profit makes people to adventure into negative aspect of trading.

lombok

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My advice never use it. The experience of my friend who uses copytrade, In the early days of copytrading my friend experienced a growing portfolio, but after a few trades, due to market movements that were not in line with what the main trader was doing, my friend suffered a considerable loss due to the risk management of the trader main ones that don't use stop losses.

Even if there is profit, we have to share the profits with the traders we copy.

Quote from: mk4 on April 18, 2022, 12:51:12 PM

Think about it — if I was a totally successful trader, I'd take advantqage of my strategies on my own and make money myself.

As you said, if you are an expert/profesional in trading, you is someone who will focus on himself, and will trade on his own and tends to be closed and does not want other people to follow your strategy and way of playing, because that is a big responsibility.

calya

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in forex market alot copy trade provided in each brokers, alot benefit using feature especially for beginer traders that want learn and also earn money in same time. many expert open copy trade with various money management and also strategy so we have alot option to follow one of them. although copying trade someone, we must learning how to trade so in future we will not depend on this feature.

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Quote from: ADCrypto101 on April 18, 2022, 11:11:47 AM

Hi guys,

does anybody had some success with copy trading?
Would be very interested if someone has some experience to share.

Thank you already!

Kind regards
AD

maybe some of us already did it , so far i know bybit exchange provide copy trading feature. trading history from signal owner must proven profitable for atleast 6 months. i know one of vip trading signal that provide their copy trade for member and so far the result good enough, but i am not join on them. in copy trade we must concern on how they open , is it based on real analisys or only gambling so their position have bigger profit rate. dont ever join to traders that have win rate below 50% , our money will easily lose here.

mk4

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I have a very small copy-trading portfolio on eToro just for fun, and I really don't expect to make a significant amount of money. In fact, I expect the traders I copy to totally mess it up at some point.

Think about it — if I was a totally successful trader, I'd take advantqage of my strategies on my own and make money myself.

ADCrypto101

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Hi guys,

does anybody had some success with copy trading?
Would be very interested if someone has some experience to share.

Thank you already!

Kind regards
AD

Topic: Copy Trading - experience and tipps - page 6. (Read 998 times)