Have you tried copy trading in forex?

[Potuse]

For people who are new to trading or have no prior experience, copy trading in forex might be a successful enterprise. It is advised to take caution because some seasoned traders may take significant risks and a trader with low budget might not fit in perfectly.

 

[Planbizzle]

Absolutely, I have attempted forex copy trading. Copy trading allows traders to replicate the transactions of more knowledgeable and effective traders, enabling them to gain from the market without being involved in the market's complicated technical analysis and risk control.

 

[tray59]

Absolutely, I have attempted forex copy trading. Copy trading allows traders to replicate the transactions of more knowledgeable and effective traders, enabling them to gain from the market without being involved in the market's complicated technical analysis and risk control.

I do copy trade when I was using xm as my. Broker they normal provide you with the strategy which they have been using to win but note that sometimes most of those strategy do fails but the chance of winning is very high so you need to copy from a reliable source

 

[eenya00]

I have tried copy trading in the past and I know for a fact that I would not indulge in it again as I have lost a lot of money from it, I believe to succeed in the forex world, you should develop your own strategy and stick to it.

 

[Emmy]

Copy trading is also good to use but risky since factors that change price in forex trading has tendency to change over time. Therefore it is just the use of replication of professional potential trading to win.

 

[eLdavis]

I have tried copy trading once and it did not go as planned. As at last year i was so busy with work and i wanted to try trading again, so decided to go for copy trading. The trader does everything, but in the end the trader blew my account.

 

[Ononivami]

I have heard a lot about copy trading in forex but I have not engaged in it. Besides, majority of the people are making a profit from copy trading strategy.

 

[Mayorla]

No, I have not tried copy trading on Forex before. If you understand how copy trading works then You can make money off the Forex market with ease as you would not need to dedicate too much time to it any longer.

 

[Nomad]

One of the easiest ways to start trading forex is through copy trading. IN copy trading what you actually do is copy the strategies of successful traders and try to make profits. However, I have never done it.

 

[hastral45]

Copy trading is for those who cannot rely on their trading strategy or who are in tight schedule and do not have time to trade themselves. Those traders have to registered with brokers that have series of traders on their platforms. Example of such broker is etoro.
What members have to be doing is to copy the trades of such professionals. The odds about this is that, you are not in position to state your leverage or the currency pair to trade.
Just as I had mentioned earlion, copy trading is one of the ways trading can be done without going through the hassles of studying charts and the rest. The challenges are given to the professional traders in the house. Your own is to just copy his trades.