In today’s episode, you’ll discover the truth about copy trading and what you must know. So tune in to learn more… SUBSCRIBE TO RAYNER’S YOUTUBE …
In today’s episode, you’ll discover the truth about copy trading and what you must know. So tune in to learn more… SUBSCRIBE TO RAYNER’S YOUTUBE …
If You will set up, copy of Your trading, I'm in ??
I don't get it.
1. why the platform would reward (with money?) the influencer if he has many followers? what's in it for the platform?
2. If influencer has loss from trading it will be bad for all. not just for the followers.
3. If the influencer has stop-loss that secures their profits, then even in a dive, nobody will have loss
You're literally talking about scamming people.
This set up says that you can’t lol
Wait u said it is easy to constantly be profitable every single time? Did I hear this wrong?? If they can prove to be profitable every single time then hell yeah they r good traders and not a scam!
That is not necessary true.Most copy trafes that I know will allow you to see past results. Lot size, profit factor, stop loss, draw down etc. You choose who to follow or not.
Saying copy trading doesn't work is like saying no trader makes money off trading. All you need is the right kind of trader to follow. My advice is look for a trader with low risk ratio. Oftentimes such traders have low profit percentage as well, but they follow strict rules and you won't experience the anxiety associated with traders whose strategies requires large drawdowns. If the platform offer demo account, do some tests as well to understand the trader's logic and build confidence. I follow a trader on zulutrade with just $200 (his strategy doesn't require large capital). He opens only one trade a time, cuts losses as quickly as possible and takes profit before the market can turn. Most times I don't even get to see when he executes the trades, just the profits. It's almost three months now and the account stands at $280. I have a trouble free sleep knowing he'll come through as I copied him with a demo account for a long time before going live. While $80 is not much, if I used $20,000, that would be $8,000 profit and he does have followers who copy him with that much. So yes copy trading works if you can get a decent trader to copy, but there just aren't many of them. You know that saying only 1% of traders are successful? It applies here too.
Am sorry I don't follow your logics, but then it is your opinion. With every system there are going to be good and bad, you need to find a good one. I have been copying since Jan. and it is working, quite well too, it's not all wins but it's steady and my capital is protected still. You just need to to examine the strategy and stamina of the person you intend to follow before doing so…hope that helps someone.
You are wrong…Xm has higher spread than octafx and fbs and Xm do not provide copytrading
Thanks for your advice
Is really helpful
But you did not answer the question posted.. can you make a living?
Who turned the speed up the 1.25?
Didnt understand a Darn Thing
thanks for the content
stop lose TRUE!!
I make $10,000 profit out of copytrading. There’s a technique, not just following one trader only but split your accounts
thanks for sharing the information. According to you, is there not one reliable copy trading platform currently. What's your opinion on Zignaly?
After watching your video and doing some research I invested About 10k across 5 different accounts. Made a video showing results. I'm not a blogger or v.logger I just made it cause with your video Rayner I didn't find enough clear reason or results. You would think if following 5 accounts at least one would be successful, I struck out. Maybe because the stoplosses or not using them but anyway, I shared more details/depth. I moved the remaining funds back to Australia and will put it back on the aussie stock market. Or maybe trade some options if I want to go for quicker wins. You could make a living with option trading with more comfort than copycat trading in my opinion.
@Rayner Teo have you ever thought of starting a career on eToro as a Popular Trader? If you even think about it i think you will get lots and lots of copiers!
Oke encek thank you
So here comes the problem: why don’t you share your own account in the copy trade community so that fans can know your profit rates and follow your trade to win profit? This is a win-win situation!
How can I uncopy?
Is my money back to my account after uncopy?
But who in the right mind would have a 500 pip sl for a 5 pip reward lmao
5 pip profit target with a 500 pip stop loss? Erm what??
Thanks bro that was awesome.
I felt the same way but you confirmed it. By the time you get into the trade it already hit it's target because the other 100k people are driving the price up by the same signal lol
K
Copy trade sombOoOooOoOoOdeeeei todai bic boi
It's not exactly a conflict of interest. it depends on how a person looks at money. They may not be putting out their product to make a profit. Some producers charge fees to make sure people are serious about using the product. Attaching a fee cuts down tremendously on negative reviews and ensures that the consumers of their product are serious about it.
In regards to what you said about 5 pip TP and 500 SL, having a smooth equity curve would really depend on market volatility. If its extremely volatile, a 500 SL could really blow up more often than you think. Plus, even if SL is not triggered , the social trading platform should still display your equity curve(even historical equity) on a daily basis, meaning if your trades are down 200 pips, it would still have a bad drawdown. Drawdown should also be based on equity and not balance IMO
Yes you are true im a victim of that and lose all my money
The best source of income, are multiple sources of income. Sometimes we need to get our minds of negativity and just motivate ourselves, stop giving excuses because you will end up not achieving your dream
trading is a personal affair, it is love
I'm curious though why doesnt someone like you offer copy trading for a price
Hey Ray! thanks for your input about social copy trading. Although the social trading platform are not design to make profits consistently, there are a few out there that actually stick to their trading plan with a realistic consistent monthly return around 3-7% a month. Unfortunately most retail traders/investors want the glamorous 10-20% a month return that is not sustainable.
Hi Rayner. I'm trading Volatility index on Binary.com. Do u have Strategy on that??
which platform should i use to trade has a beginner
Hello Ray. Please how can download the recorded videos of traderfest 2019. I registered for the programme but I couldn't connect. Thanks
Hi Rayner,
I missed the trader's fest on 28, 29 can you please upload the videos if possible I am missing it soo much.
Whatsupppp mah broo
Where can I get videos of the traders fest??
THANK YOU RAYNER,IM A NEWBIE,AND YOU OPEN MY MIND…I HAVE BEEN WATCHING YOUR VIDEO FOR 2 MONTHS NOW…THANKS
Hey Rayner,
Thank you for all the content and information you provide for us.
Can the strategies and patterns you inform us about be used for day trading penny stocks or strictly for forex?
Hope to hear back.
Thanks again!!