Software That Copy Trades - page 2. | Bitcointalksearch.org

Lakai01

legendary

Activity: 2296

Merit: 2721

Top Crypto Casino

Quote from: mk4 on November 09, 2020, 01:21:13 AM

-snip-
eToro's trading volume with stocks and crypto as a whole is only minuscule; and no one is being forced to copy-trade on eToro. It's just an option.

I agree. I think eToro is exactly what the OP asked for. You can not only copy (known) traders in crypto markets but also in classic markets like currencies and stocks.
Since the fees are quite cheap (only the widhdrawal fee of $5 is very high in my opinion) the platform would certainly be worth a look. Here is an overview of all the fees one has to pay: eToro Fees

However, you have to be aware that you can lose a lot of money here in a very short time. Back in 2017 I was active on 1Broker, where 1 - 5 BTC per trade were used in a very short time one after the other. If this goes wrong, the portfolio melts in no time.

carlfebz2

hero member

Activity: 2926

Merit: 722

Quote from: Rebisco on November 09, 2020, 05:41:41 AM

Quote from: mk4 on November 09, 2020, 01:21:13 AM

Quote from: so98nn on November 09, 2020, 12:58:51 AM

eToro is devil site I believe. It's seriously unethical to copy paste the trade and work out the math in the trading world.

You can only copy a trader if that certain himself/herself chose to publicizes his/her trading history.

Quote from: so98nn on November 09, 2020, 12:58:51 AM

It destroys the volume in multiple ways, or the way the market is moving gets disturbed. I consider it more or less similar to group pumping and dumping of the share market.

eToro's trading volume with stocks and crypto as a whole is only minuscule; and no one is being forced to copy-trade on eToro. It's just an option.

It is an option whether you will copy a certain trader or not, but not all of the traders can be copied as far as I remembered because a certain trader should apply first in that feature before he can copy by the public. There are many traders who are applying in that feature because it can become a side income for them. There is a data in etoro saying that 70% of the copiers are making gains in the market while 30% are the percentage of the copiers who are losing. I do not promote copy trading of Etoro but I already tried it once and I make 10% gain. The good thing is it can be a passive income but the bad thing is I will not learn and gain experiences from copying someone trades.

This is actually the truth when we do talk about on the learning process and im pretty much aware with that e-toro copy trades which i cant say that it is fully effective but there are people who do
really make out money or make gains.

I do have a friend of mine which do make use of this copy trade and until now he was still on green.Im not really not believing when it comes to passive yet we know that nothing on this world
does guarantee profits but im amazed on how they do really make up that copy trading feature.

About software then its said that this do need some API which majority wont really be giving it out or publicize.

Rebisco

full member

Activity: 650

Merit: 103

Quote from: mk4 on November 09, 2020, 01:21:13 AM

Quote from: so98nn on November 09, 2020, 12:58:51 AM

eToro is devil site I believe. It's seriously unethical to copy paste the trade and work out the math in the trading world.

You can only copy a trader if that certain himself/herself chose to publicizes his/her trading history.

Quote from: so98nn on November 09, 2020, 12:58:51 AM

It destroys the volume in multiple ways, or the way the market is moving gets disturbed. I consider it more or less similar to group pumping and dumping of the share market.

eToro's trading volume with stocks and crypto as a whole is only minuscule; and no one is being forced to copy-trade on eToro. It's just an option.

It is an option whether you will copy a certain trader or not, but not all of the traders can be copied as far as I remembered because a certain trader should apply first in that feature before he can copy by the public. There are many traders who are applying in that feature because it can become a side income for them. There is a data in etoro saying that 70% of the copiers are making gains in the market while 30% are the percentage of the copiers who are losing. I do not promote copy trading of Etoro but I already tried it once and I make 10% gain. The good thing is it can be a passive income but the bad thing is I will not learn and gain experiences from copying someone trades.

barbara44

hero member

Activity: 2366

Merit: 605

If you're looking for copy trading as a third-party tool which can be incorporated into any platform then I guess, this will not be working in such a way. It is still in the state of exchange/broker specific services like they are having software developed for getting you signals when professional traders open trades.

There are lots of exchanges/brokers are offering copy trading feature for forex and stock markets but all of them are not free of cost. You must need to pay a subscription fee for availing those signals for copy trading (I believe you that a share will be paid to those actual trader for encouraging them to continue sharing their trades for other traders to copy).

Lorence.xD

sr. member

Activity: 1624

Merit: 315

Leading Crypto Sports Betting & Casino Platform

It will be a boring way to trade your funds because there is no challenge and the risk is higher because you are not in control of the trade, the person you are following might fucked up one day and down your trade goes. I do not know that much software that copy other traders, eToro is already mentioned and by far that is the most known.

jossiel

hero member

Activity: 2842

Merit: 625

It is also the only website and trading platform that I know that you can copy-trade. But OP to mind you, that's not effective as most of the time you're also going to lose with the trader that you are copying.

It's best to build your own strategy than to depend on them. I don't know if there's a commission if somebody copies their portfolio or trades. I've read several testimonies that it sounds too good and easy but it's not effective.

mk4

legendary

Activity: 2716

Merit: 3817

Paldo.io 🤖

Quote from: so98nn on November 09, 2020, 12:58:51 AM

eToro is devil site I believe. It's seriously unethical to copy paste the trade and work out the math in the trading world.

You can only copy a trader if that certain himself/herself chose to publicizes his/her trading history.

Quote from: so98nn on November 09, 2020, 12:58:51 AM

It destroys the volume in multiple ways, or the way the market is moving gets disturbed. I consider it more or less similar to group pumping and dumping of the share market.

eToro's trading volume with stocks and crypto as a whole is only minuscule; and no one is being forced to copy-trade on eToro. It's just an option.

so98nn

hero member

Activity: 2072

Merit: 603

Quote from: mk4 on November 08, 2020, 11:40:50 PM

You really can't simply copy other people's trades just by having certain software, you'd need to have access to their trading API too(which most people would definitely not publicize).

Instead, you can use platforms like eToro that already has the copy-trading feature. Wouldn't really recommend though, but you do you.

eToro is devil site I believe. It's seriously unethical to copy paste the trade and work out the math in the trading world.

It destroys the volume in multiple ways, or the way the market is moving gets disturbed. I consider it more or less similar to group pumping and dumping of the share market.

It's better to go with your own strategic planning.

mk4

legendary

Activity: 2716

Merit: 3817

Paldo.io 🤖

You really can't simply copy other people's trades just by having certain software, you'd need to have access to their trading API too(which most people would definitely not publicize).

Instead, you can use platforms like eToro that already has the copy-trading feature. Wouldn't really recommend though, but you do you.

Bitcoin_Arena

copper member

Activity: 2030

Merit: 1788

฿itcoin for all, All for ฿itcoin.

I am not entirely sure about what you want? Do you want a trading bot that has copy trading features or one that does everything for you?

What I know are bots that have copy trading features, check them out, you never know you might find what you want.

1. https://www.cryptohopper.com
2. https://3commas.io
3. https://zignaly.com

Newchanka

member

Activity: 291

Merit: 19

If there's something to be written...

Are there any software out there that can be used to copy the trades of others? [Edit] I mean software that copy forex, stock and CFDs not just crypto. Please which do you know?

Topic: Software That Copy Trades - page 2. (Read 291 times)