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hg2000
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  • From: Switzerland
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Copying trades

New on Forex I have heared that there is an possibility to copy trades from professional Traders. Does this really works profitable?

qijiazhao
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it seem good,but where is the professional Traders we can believe,i think it is not a good idea.

sasha
sasha
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Time is a day for you. It vrodiby normal idea if copied from the good people, and that they are a robot in the long term, but I think that as long as you copy zylyto zdalki he learns to become a professional

Javi Banda
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What is the best program to copy trades? Is it possible copy trades from a demo account to a live account? Does anyone know if is possioble copy trades from myfxbook? Thanks

Okolo Micky Uche
Okolo Micky Uche
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please i need account i can study by following his or her details detail, if at the end of the month your trade made losses we share 50/50  method but if u make profit is all yours. if u are whiling to transact contact me.

a332804
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hg2000 wrote:

New on Forex I have heared that there is an possibility to copy trades from professional Traders. Does this really works profitable?

For copy trading you still need to learn about strategies, brokers, money management, and risk management to make good choices:

- Do you see spikes on the balance, equity curves, and there are no apparent drawdowns? The trader is using some kind of martingale and is bound to blow up your account sooner or later.

- Do you see an everlasting rising balance but uneven equity curve? The guy doesn't use stop loss (or moves it constantly), one day he will blow up your account too!

You have to check stuff like that, and also:

- Average profits.
- Win/Loss ratio (less important).
- Max Drawdown (best indicator for a good or bad trader).
- Sharpe Ratio.
- Recovery Rate.
- ROI.

Etc... even if you are not trading by yourself i highly recommend you study as much as you can.

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