Topic: copytrading - page 2. (Read 529 times)
If you really want to earn some passive income through copy trading then my suggestion is you can try Etoro where you can also see the history and the win rate of the trader that you want to copy but I do not suggest this kind of strategy to make profits because it makes you a DEPENDENT INVESTOR/TRADER. You do not have any power to buy in right time and to exit in the market. If you became a dependent investor, you will lose confidence in yourself where you prefer to follow the decision of others rather than your own decision. I suggest that you should divide your capital in half first then try to invest the 1st half in gaining skills and knowledge about trading and use the other half for your startup capital account.
I'm gonna share my personal experience of copy-trading I have been copied on 2 platform the first one is bingbon and now called BingX is futures paltfrom like bybit i deposited 100$ might not much for you guys but this a lot for me and then I'm ending up a couple of dollar and total doomed
and second I tried binance traderwagon and same i tried it with 200$ and ending up 30$
I don't know why maybe I choose the wrong lead trader but after loosing money I decided to stop but sometimes I see people share their profit and make tempting again
and second I tried binance traderwagon and same i tried it with 200$ and ending up 30$
I don't know why maybe I choose the wrong lead trader but after loosing money I decided to stop but sometimes I see people share their profit and make tempting again
I think that your loss of deposit is due to the fact that the trader you copied used the x1 leverage, and you used a higher leverage. Thus, the leading trader will still be in the position, while your order will be liquidated by that time.
I'm gonna share my personal experience of copy-trading I have been copied on 2 platform the first one is bingbon and now called BingX is futures paltfrom like bybit i deposited 100$ might not much for you guys but this a lot for me and then I'm ending up a couple of dollar and total doomed
and second I tried binance traderwagon and same i tried it with 200$ and ending up 30$
I don't know why maybe I choose the wrong lead trader but after loosing money I decided to stop but sometimes I see people share their profit and make tempting again
The better choice if you want to try copy trade is by watch their Winrate, 30D ROi and 30D MDD and Runtime
In my opinion trading is more like gambling you can earn much but you can also lose much
If I were you learn how trade work and try in spot before put big money on it
I think it also has to do with the platform that you use. Are you sure that they are legit? Because I never heard of them before. There must be legit and popular platforms to try copy trading. Maybe you can try again for the last time and see if there is any change on the result that you are getting.and second I tried binance traderwagon and same i tried it with 200$ and ending up 30$
I don't know why maybe I choose the wrong lead trader but after loosing money I decided to stop but sometimes I see people share their profit and make tempting again
The better choice if you want to try copy trade is by watch their Winrate, 30D ROi and 30D MDD and Runtime
In my opinion trading is more like gambling
you can earn much but you can also lose much If I were you learn how trade work and try in spot before put big money on it
Also you shouldn't use money which are high enough especially if you are dealing with things which are still new to you but even if we are familiar with it already, it is always advisable to use only amounts that we can afford to lose easily. Trading and gambling have some similarities and that is their risks are high but IMO winning can be more attainable in trading than in gambling.
Before you mirror someone else's trade you should first find out the repercussions in it. There's this mischievousness of market markers hunting down stoploss and that is bound to wipe big accounts, definitely copy traders will be affected too. Again, from your $100 you will have to pay certain commission to the trader you're copying their trades if at all you make any profit from it. The best advice will be for you to learn how to trade yourself.
That's what i have been emphasizing on. Because having advantages in trading you most at have your own measure you do take instead of taking a step or the systematic way of another person, because take another way of another person method can make you to venture into negative, so I'm of the motion that someone should development it's own systematic ways, so i believe such will be better than coping someone trade. And it's obvious that no profitable trade who doesn't develop it's method of becoming success in trading alone 
Instead of copy trading, you should trade yourself by trying to do an analysis. It will be better because you can also improve your analytical skills so that it will be better than before. In addition, you don't need to be confused about choosing the best trader to copy because you will never know whether he is really the best trader or if he is just lucky enough to trade. But if you have better trading skills, you cannot depend on others and can trade whenever you want.
Copy trading is for those who own a lot of money + they don't have time to spend on the analysis and all the trading-related stuff but i am damn sure a newbie or a person who owns a few amounts of money should not try this. As recently in Pakistan copy trading by students from the waqar zaka official was the hot topic for taking wrong trades in volatile market.
Even people with a lot of money should not use copy trading. We should analyze and trade by ourselves, relying on others will be very difficult to achieve good results, I have not seen anyone succeed by copying others.
To the OP, what you need is knowledge, not copying. As I said, I haven't seen anyone succeed by copying others. Most newbies will choose the path you are choosing, and then they give up on it because of a loss and do not bring any useful knowledge. So hope you don't go their way.
I'm gonna share my personal experience of copy-trading I have been copied on 2 platform the first one is bingbon and now called BingX is futures paltfrom like bybit i deposited 100$ might not much for you guys but this a lot for me and then I'm ending up a couple of dollar and total doomed
and second I tried binance traderwagon and same i tried it with 200$ and ending up 30$
I don't know why maybe I choose the wrong lead trader but after loosing money I decided to stop but sometimes I see people share their profit and make tempting again
The better choice if you want to try copy trade is by watch their Winrate, 30D ROi and 30D MDD and Runtime
In my opinion trading is more like gambling you can earn much but you can also lose much
If I were you learn how trade work and try in spot before put big money on it
and second I tried binance traderwagon and same i tried it with 200$ and ending up 30$
I don't know why maybe I choose the wrong lead trader but after loosing money I decided to stop but sometimes I see people share their profit and make tempting again
The better choice if you want to try copy trade is by watch their Winrate, 30D ROi and 30D MDD and Runtime
In my opinion trading is more like gambling
you can earn much but you can also lose much If I were you learn how trade work and try in spot before put big money on it
According to my own observations, when I copy the trades of experts, they end up losing more than 50% of my trades.
Personally, I like to trade alone.
The exoert traders use extremely high leverage when trading short-term, and if you use a stop loss of at least 50%, you simply cannot complete their trades with your money still in tact. I find this too risky for my liking. I'm still not ready to take the risk of copy trading.
Personally, I like to trade alone.
The exoert traders use extremely high leverage when trading short-term, and if you use a stop loss of at least 50%, you simply cannot complete their trades with your money still in tact. I find this too risky for my liking. I'm still not ready to take the risk of copy trading.
Copy trading is for those who own a lot of money + they don't have time to spend on the analysis and all the trading-related stuff but i am damn sure a newbie or a person who owns a few amounts of money should not try this. As recently in Pakistan copy trading by students from the waqar zaka official was the hot topic for taking wrong trades in volatile market.
Before you mirror someone else's trade you should first find out the repercussions in it. There's this mischievousness of market markers hunting down stoploss and that is bound to wipe big accounts, definitely copy traders will be affected too. Again, from your $100 you will have to pay certain commission to the trader you're copying their trades if at all you make any profit from it. The best advice will be for you to learn how to trade yourself.
I like this topic, because I have a friend who started a little before me in the forum, and he is dedicated to hedge copu trading, it is what they give signals and people follow him and copy his trades, but of course they must pay, so this is something that at least does not catch my attention, unless the person doing the copy trading says and from his analysis and puts everything there, if a group were like that if I would like to do the copy trading, but Anyone who does that can invent their signs and pioneer others to follow their advice, this is something I don't like, because it is not known that they fundamentally abstained to analyze it.
I know a few people who do it too and they do not realize that copytrading is the reason why they are losing money, they keep saying that the person they followed was the trouble and they will make a profit after they find a better one, and that's an issue, I do not think that they just found a wrong person, they are actually quite bad in the long term for sure.This is why I believe that we shouldn't be doing any copytrading, you may think that you found "the one" that could make you profit but thats not true, there is no the one and there won't be any. Someone could make you money for a while if you get lucky, but there is no long term solution to it.
When you said copy trading you are making me to be confused over cryptocurrency market trading, do you really means emulating the systematic of trading, i believe that trading have to deals with information, from my perspective in trading. So therefore i think that needs more information to justify it's composition.
There are site who enable this option where you can copy the trading strategy of a good trader but I think this is still too risky even on a small amount of money. If you are going to trade better to learn this on your own and don’t depend on any signal group or on a copy trading. I don’t suggest this one, better to use that small capital to learn more about trading and come back here once you already have a good skills for trading, it might take time but its worth it. I like this topic, because I have a friend who started a little before me in the forum, and he is dedicated to hedge copu trading, it is what they give signals and people follow him and copy his trades, but of course they must pay, so this is something that at least does not catch my attention, unless the person doing the copy trading says and from his analysis and puts everything there, if a group were like that if I would like to do the copy trading, but Anyone who does that can invent their signs and pioneer others to follow their advice, this is something I don't like, because it is not known that they fundamentally abstained to analyze it.
I know a few people who do it too and they do not realize that copytrading is the reason why they are losing money, they keep saying that the person they followed was the trouble and they will make a profit after they find a better one, and that's an issue, I do not think that they just found a wrong person, they are actually quite bad in the long term for sure.This is why I believe that we shouldn't be doing any copytrading, you may think that you found "the one" that could make you profit but thats not true, there is no the one and there won't be any. Someone could make you money for a while if you get lucky, but there is no long term solution to it.
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars?
Have you tried bybit exchange for copy trading? It is very famous for copy trading.I don't know what is minimum account balance is required for copy trading on this exchange. So you'll have to check by yourself.
And some tips to choose the best traders?
Find a trader that has good accuracy and has thousands or at least hundreds of trades in total.*Remember every trade that makes a profit, 10% of that profit will go to the trader you are following.
Analytical trading works well copy trading is not a good job at all it will hurt you a lot. Because if you copy his trading system and trade in his system then you will lose in few days. We should stop those who trade by copying the food trading system. And if he trades in his own system then you will not lose and you can learn a lot.
I like this topic, because I have a friend who started a little before me in the forum, and he is dedicated to hedge copu trading, it is what they give signals and people follow him and copy his trades, but of course they must pay, so this is something that at least does not catch my attention, unless the person doing the copy trading says and from his analysis and puts everything there, if a group were like that if I would like to do the copy trading, but Anyone who does that can invent their signs and pioneer others to follow their advice, this is something I don't like, because it is not known that they fundamentally abstained to analyze it.
When you said copy trading you are making me to be confused over cryptocurrency market trading, do you really means emulating the systematic of trading, i believe that trading have to deals with information, from my perspective in trading. So therefore i think that needs more information to justify it's composition.
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
And some tips to choose the best traders?
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
Etoro platform is one of the most famous copy trading platform but I don't know why you choose copy trading and if you did because you heard something like you can become rich with no skill and less money then its just an advertisement gimmick to gather more traffic but in reality there is no guarantee that even top earning trader will do the next trade in profit.are there any other options besides bingx to start with less than 100?
And some tips to choose the best traders?
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
I made insane amount of profits back in the day as well and now I am not making that much profit, which proves my point that if you saw me just 3-4 years ago and even just 2 years ago, and how much I profited, you may have considered me as a great trader and follow me, but the past 1 year I have constantly lost money and if you started to follow me because of my past, you would have lost most of your money in the last 1 year.
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
And some tips to choose the best traders?
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
The hundred dollars in question is it the one you will pay to the platform that will give you the opportunity to copy trade or is your capital for trading.are there any other options besides bingx to start with less than 100?
And some tips to choose the best traders?
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
In either way I think it does not make sense or if it is what you have e been doing before and succeeding it is alright that you continue to do it.
But if the $100 is your capital I doubt it will fetch you much in this present situation of the crypto-currency market and if it is a subscription to a platform please save it, learn how to trade and take charge of your money and decision by yourself. It is better you blow your account yourself than relying on third-party idea to blow your money
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
And some tips to choose the best traders?
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
Etoro platform is one of the most famous copy trading platform but I don't know why you choose copy trading and if you did because you heard something like you can become rich with no skill and less money then its just an advertisement gimmick to gather more traffic but in reality there is no guarantee that even top earning trader will do the next trade in profit. are there any other options besides bingx to start with less than 100?
And some tips to choose the best traders?
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
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