Topic: Have you ever used copy trading apps (Read 424 times)
With all the negative reviews that I’ve been reading online, I think those are proofs that it will never make me profitable in trading. Copy trading will never make you profitable in time, but will make these channels richer without doubting. This is the reality but sadly, a lot of traders still fall for them believing that they will take shortcuts in making their trades successful and profitable. Perhaps because every trader is greedy, but others are just wise enough to control their greed.
Trading is not enhanced through copy trading, but by seriously learning on your own so you can honed your own skills and strategies that are required when trading. So don’t be tempted from those copy trading apps because they only make you profitable at first but eventually, they will only see you as another source of their income. And do not adhere to what they’ve been saying that you will make profits without hassling yourself. Of course, when you trade, there is no guarantee if you’ll end up winning from your trades, that alone creates a hassle and put your money at risk.
It’s really easy to say that you’ll get bigger profits from trading out from less hassle, by simply copying trades from profitable traders. But in reality it’s not. It’s hard to find reputable traders these days since a lot of traders mostly claim that they are good and profitable in all their trades, when in reality they’ve been losing in most of their trades. Worst is, they never know exactly how trading works and they just pretend to act like good traders because it’s part of their job to make an income. That’s the reason why I don’t give a try from those copy trading apps, because that will only increase the rate of losing than just relying on your own and learned from all your losses.
Totally get where you're coming from! Well if what you're aiming for is independent trading, trusting your own instincts and strategies in this ever-changing crypto and forex scene makes total sense. The market's wild swings can be hard to predict. Trading is also one of the hardest profession in the world. Learning from losses and evolving as a trader is the real deal. And you're spot on, those copy traders might not always be the gurus they claim to be. You're not learning when you're just copying. But if you just want to make money with the person's analysis you trust, then go for it.
It is the only way to trade for me, I would never consider any other method to make money and I understand that some people may consider it as an option but for me it will never be a valid option. I think it should be important to make as much difference in crypto to yourself than any other person.If you trust yourself and improve yourself and just give time to yourself as well then eventually you are going to be something good. That doesn't mean that we are not going to end up with a bad result, it should be important to remember that we are going to make some profit with it if we keep giving yourself to studying how to trade. If we have no idea, we are going to be just trusting others and that will end up with a loss.
Just as my topic reads, I'm interested to know if anyone has ever used copy trading apps and what's your experience?
The truth is that I don't like using copy trader feature on any of those brokers or exchange, because if I can't be confident in my own trading strategy, then I see no reason to trust the copy trader as well. Well, some people say it works for them, but the thing is that as a trader that I am, I know that the dynamic nature of the crypto or forex market makes it very difficult to accurately determine the direction of the market. As such, I just prepare to go with my trading strategy so that if I lose, I will learn from my mistake, correct the mistake, and go again. "Ones a professional trader, many times a failure." If one can not trade and learn from their errors, then they can't become a professional trader, perhaps those copied trades are also shared by some traders who claim to be professionals.
I was on the opinion on seeking to know kw if anyone has been successful from copy trading because I was having some thoughts on having a copy trading app and earn from it while learning.
How about that 🤔
Just as my topic reads, I'm interested to know if anyone has ever used copy trading apps and what's your experience?
The truth is that I don't like using copy trader feature on any of those brokers or exchange, because if I can't be confident in my own trading strategy, then I see no reason to trust the copy trader as well. Well, some people say it works for them, but the thing is that as a trader that I am, I know that the dynamic nature of the crypto or forex market makes it very difficult to accurately determine the direction of the market. As such, I just prepare to go with my trading strategy so that if I lose, I will learn from my mistake, correct the mistake, and go again. "Ones a professional trader, many times a failure." If one can not trade and learn from their errors, then they can't become a professional trader, perhaps those copied trades are also shared by some traders who claim to be professionals.
I was on the opinion on seeking to know kw if anyone has been successful from copy trading because I was having some thoughts on having a copy trading app and earn from it while learning.
How about that 🤔
Just as my topic reads, I'm interested to know if anyone has ever used copy trading apps and what's your experience?
I've always known of octafx copy trading app but never never used it because I've tried downloading it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅 but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.
What do you guys think about copy trading?
Let's discuss please
Octafx is a familiar app of mine but it is used for Forex trading. Crypto trading and forex trading are two completely different rules and traded with different assets so octafx will not be of much use for crypto trading. And I always prefer to trade with my own strategy so I don't use Octafx or any other copy trading app. I often do future trading but in that case I follow the top profit gainers of the leaderboard and apply my own strategy with it and I am able to earn some good profit. I always believe that trading by doing research yourself is most efficient and beneficial. and in this case you can become an expert in trading I've always known of octafx copy trading app but never never used it because I've tried downloading it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅 but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.
What do you guys think about copy trading?
Let's discuss please
Just as my topic reads, I'm interested to know if anyone has ever used copy trading apps and what's your experience?
The truth is that I don't like using copy trader feature on any of those brokers or exchange, because if I can't be confident in my own trading strategy, then I see no reason to trust the copy trader as well. Well, some people say it works for them, but the thing is that as a trader that I am, I know that the dynamic nature of the crypto or forex market makes it very difficult to accurately determine the direction of the market. As such, I just prepare to go with my trading strategy so that if I lose, I will learn from my mistake, correct the mistake, and go again. "Ones a professional trader, many times a failure." If one can not trade and learn from their errors, then they can't become a professional trader, perhaps those copied trades are also shared by some traders who claim to be professionals.
Totally get where you're coming from! Well if what you're aiming for is independent trading, trusting your own instincts and strategies in this ever-changing crypto and forex scene makes total sense. The market's wild swings can be hard to predict. Trading is also one of the hardest profession in the world. Learning from losses and evolving as a trader is the real deal. And you're spot on, those copy traders might not always be the gurus they claim to be. You're not learning when you're just copying. But if you just want to make money with the person's analysis you trust, then go for it.
What do you guys think about copy trading?
Also, not every trader shown there are making profits. Each and every trader make losses at some point. So finding the best one is troublesome. Because is crypto trading, past performances foes not determine future outcomes. Maybe they are loosing now but in the future that could turn into profits. Vice versa for profits to losses.
So what I recommend everyone is to do your own research and analysis. Do it on your own and then compare it with the pro. Don't just copy someone else's work and expect for profits. Use it as a learning process. This will give you the best results in the long run.
Just as my topic reads, I'm interested to know if anyone has ever used copy trading apps and what's your experience?
I've always known of octafx copy trading app but never never used it because I've tried downloading it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅 but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.
What do you guys think about copy trading?
Let's discuss please there are many scam
You mention that app is scam. I also think there are many scam copy trading apps in play store. So Better use Exchanger for copy trading. In Binance you can do copy trade it is more safe i think. We know copy trade is mainly for forex. But some exchanger open it for crypto also. And copy trading mainly use new comers. I've always known of octafx copy trading app but never never used it because I've tried downloading it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅 but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.
What do you guys think about copy trading?
Let's discuss please there are many scam
So my advice if you want to copy you can use established exchanges that will be mlre safe and you will be safe from scam. And my strong advice please avoid copy trading apps, became most of them are scam.
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅 but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.
So far I have never used copy trading and if we can run trading using trusted online sites as usual why should we download the application. There are many copy trading services that end badly and in the end they seek fame through YouTube channels by offering their services. But if there is one of the many people who use it, it has probably been through long consideration and also must make sure you are risking capital that you can bet.When people want to learn how to trade, using a supporting application like that won't help much. There are many cases of copy trading that end very badly because faces like this make trading in the eyes of ordinary people even more frightening, even though it is only done by a group of people who are looking for profits irresponsibly. So should be careful using copy trading? and if we can't be responsible then forget it.
What do you guys think about copy trading?
Let's discuss please
What do you guys think about copy trading?
Let's discuss please
particular things because you cant really be able to progress yourself if you arent really that mindful about on how to learnt up things on your own. You would be finding that it would really be that relevant that you should really be trading manually and would really be having that kind of steps and methods which you would be needing to deal with.
What do you guys think about copy trading?
Let's discuss please
~snip~
This is why it would be always that better that you should really be learning up trading on your own methods and ways or active dealing on which you would be able to make
profits on your own and on the time that you would be losing then that kind of feeling of regret wont really be that worst compared when you are relying on someone.
The loss you do yourself will be a lesson and can make a foundation so you can deal with the same incident well. If we only rely on other people there will be nothing we can learn other than just seeing without being able to practice. There are many trading methods that can be applied, everyone has a different method. it can be created by doing practice. The profits generated from the trading method itself will make us more satisfied and able to continue to grow. This is why it would be always that better that you should really be learning up trading on your own methods and ways or active dealing on which you would be able to make
profits on your own and on the time that you would be losing then that kind of feeling of regret wont really be that worst compared when you are relying on someone.
Well I often see some creators advertising copy trading applications on some social media, I think this can be a good alternative for those beginners who don't want to bother with some of the steps they have to do when doing it themselves and they can use copy trading there. Well I agree, I think it's better to use our own way of trading, we can do it the way we want and it will indirectly further train our knowledge about this field. I once tried using one of the copy trading systems and at that time I got a win even though the profit was not too big, but strangely there was no satisfaction there. Although I was able to get the winnings I expected but I could not feel the satisfaction in the victory, maybe the problem is because we depend on others.
So the point is that it is better to use your own way of trading, although it is quite complicated in learning but believe me many successful traders have their own way of achieving success in the world of trading because they always learn from every mistake.
They could use it if they want to, but they should remember that it's quite important to make your own trades as well. There are way too many people who act as if they are doing something that would be single time, but the reality is that it's not that easy or understandable most of the time as well.So the point is that it is better to use your own way of trading, although it is quite complicated in learning but believe me many successful traders have their own way of achieving success in the world of trading because they always learn from every mistake.
I think it's quite clear that we are talking about a situation where they are going to end up with a terrible result if they do not learn how to trade themselves. So even if they end up doing it, they should keep learning how to trade meanwhile in order to grow out of this one day. They should aim at being their own source, and most people who do copy trading, end up not working on themselves at all and try to improve, that's the problem.
Copy trading always end in tears! The market is so dynamic and require regular adjustments and fine-tuning of even profitable strategies. This is what computer programs do not do... they are fixated on the initial data and the result of this initial successes followed by disastrous failures.
The only people who make profit in the entire process of copy trading is the owner who never commit any money to the system.They enjoy the initial signup fees and are very fast in withdrawal the initial profits before the doom sets in.
I will advise anyone venturing into trading to learn and grow through the process...it is a skill that will pay you for the rest of your life.
The only people who make profit in the entire process of copy trading is the owner who never commit any money to the system.They enjoy the initial signup fees and are very fast in withdrawal the initial profits before the doom sets in.
I will advise anyone venturing into trading to learn and grow through the process...it is a skill that will pay you for the rest of your life.
Just as my topic reads, I'm interested to know if anyone has ever used copy trading apps and what's your experience?
I've always known of octafx copy trading app but never never used it because I've tried downloading it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅 but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.
What do you guys think about copy trading?
Let's discuss please
I would be very careful with using copy trading apps for trading no matter what the reviews on the internet are saying. Most of them are scams. They customer agents don't respond to your messages on live chats or and when they do their requirements to get your issue sorted out is just discouraging. For any traders good, avoid copy trading apps. Learn trading and trade yourself. At least when you lose, you would know that it your fault and you would hold yourself accountable and improve on your next trade. I've always known of octafx copy trading app but never never used it because I've tried downloading it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅 but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.
What do you guys think about copy trading?
Let's discuss please
Dear Mvdheuvel1983 ,
We regret that we could not respond to you earlier. We apologise if you feel that way about copy-trading. However, that is not the representation of the actual picture. Copytrading is a feature introduced for people who find it difficult to find the time to trade. It is based on real trading and also involves the same level of risk. Due to this particular reason, we provide the filters for Master Trader traders by risk score (1-2 score traders take the least risk while trading) or by strategy (this can be seen via the Master Trader's trading history), among various other factors. You are most welcome to check the details here at this link:
https://www.octafx.com/copy-trade/
You are most welcome to try our Master Trader search filter and find a Master Trader with the same school of thought regarding trading. For further information, you are most welcome to contact us via live chat or email ([email protected]). We would like to know long have you been trading on our platform. We recommend you follow our social media platforms to stay updated with the latest news and promotions. We hope to hear from you soon.
Kind regards,
OctaFX Rep.
What do you guys think about copy trading?
Let's discuss please
I've seen my friend use the Copy trading application, but I see my friend really didn't make a good profit, quite the opposite in doing the copy trading method.Let's discuss please
According to my understanding, trading is copy trading, if you don't understand correctly the risks you get are greater than trading in general.
For example: as I have read the risk of copy trading.
Quote
* You have very little control over trading, because you only follow people.
* Trading results depend on other people, if you choose the wrong trader leader, you could lose money.
* Trading in the crypto market is very volatile and your trades have little break from the leader trader. Therefore, it is possible that the position or profit you get is different from that obtained by the leader.
* Your risk tolerance is not necessarily the same as the trader leader. Maybe as a beginner you only dare to face a little loss, while a professional trader already has a lot of capital and is not afraid to face high risks.
* Trading results depend on other people, if you choose the wrong trader leader, you could lose money.
* Trading in the crypto market is very volatile and your trades have little break from the leader trader. Therefore, it is possible that the position or profit you get is different from that obtained by the leader.
* Your risk tolerance is not necessarily the same as the trader leader. Maybe as a beginner you only dare to face a little loss, while a professional trader already has a lot of capital and is not afraid to face high risks.
If what I read in the quote above really happened in copy trading, I'd better step back and trade as usual, except: I really understand the situation and market conditions perfectly and professionally.
Just as my topic reads, I'm interested to know if anyone has ever used copy trading apps and what's your experience?
I've always known of octafx copy trading app but never never used it because I've tried downloading it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅 but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.
What do you guys think about copy trading?
Let's discuss please
I would be very careful with using copy trading apps for trading no matter what the reviews on the internet are saying. Most of them are scams. They customer agents don't respond to your messages on live chats or and when they do their requirements to get your issue sorted out is just discouraging. For any traders good, avoid copy trading apps. Learn trading and trade yourself. At least when you lose, you would know that it your fault and you would hold yourself accountable and improve on your next trade. I've always known of octafx copy trading app but never never used it because I've tried downloading it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅 but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.
What do you guys think about copy trading?
Let's discuss please
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