Hello, do you guys copy anyone with trading and are making profit? I would like to copy someone too while I learn in trading forex on my own to make some extra money. So far I copy 4 people on etoro with demo money and all go in negative so far.
i seen on tv that etoro makes secret deals with its “trade leaders” to create the most money for etoro and rip off people like you.
Hey theTrade,
Everybody has a drawdown period once in a while as long as it is maintained a loss is a normal occurrence, maybe You have started copy-trading the guys during their “bad times” although it is generally beneficial to diversify the portfolio and copy different type of traders. Bear in mind that if You are looking at trader’s past performance it does not mean that You can predict the future investments with him/her, performance charts are good to see who the trader is, evaluate Money Management skills & strategy. I once copy-traded 3 people who helped me lose almost all the funds but in the next months to show some of the best performances I have seen, too bad that by that time I pulled the plug and took the money elsewhere.
Another option is to make long-term trades that yield positive carry. Watch out for potential wild volatility though. 
Be very careful with following other traders (as your own experience shows). It is better to make your own mistakes and lose some cash which is part of the learning process.
I agree with TheLastBear…
Maybe you could go on MeetPips and see what trades people are posting in there…
Or, you could look at your broker’s website for signals and see what is being recommended…
However, trading is ultimately a ‘lonely’ business, where you are in command and nobody else should be
responsible for your trading ideas/decisions…
Cheers
And what does that tell you? Just take time to learn how to trade and start making your own trades instead on copying from other traders- sustainable trading
I’ve used them once before, maybe for a month. I think it’s a pretty software. Best applies if you’re trying to learn the game still. 
but wouldn’t it be easy to learn trading when you could follow someone and figure what they’re doing? Just a thought.
Hello RateUp… unfortunately there are not many ‘Forex classes’ out there, like you could find for learning a musical instrument, a new language, painting, riding a motorcycle, etc. Therefore, cutting the learning time with the aid of a good mentor/teacher is often a luxury that we do not have… I speak for myself, but I am sure that many others feel the same way… You almost have to accept that going into Forex as an individual retail trader will be a learning curve made of constant self-evaluation, errors, and bags of frustration…
One thing is certain: the road to Forex success is not paved with gold, and only after a long journey will it lead to something closer to what most of us may call ‘success’, and even this may be a very unclear achievement in our
own eyes: is success in Forex the same as becoming a millionaire? Or, simply, having consistent profitability? Ideally, it would be a combination of the two, but you also have to realise that time spent chasing this ‘success’ in Forex could be shortened in other fields of life - e.g. securing paid work or setting up your own business…
I have written too much, as always… Having just been ‘promoted’ to Master Contributor, I felt a bout of ‘advice-giving’ rushing from my tongue…unstoppable!
Happy trading.
I have a different opinon to you guys. I believe that you’re more likely to make money using a trade copying sevice than doing it manually if you find the right person or system to copy.
The key is obviously finding the right ones to follow, 98% of them are shonks, but not all…
it is better to trade alone and make a great loss than copy others to make greatest loss. trading is a risk, it may be that the person you want to copy is passing through tough times in the market. for you to learn how to minimize your loss, you should create a demo account for better practicing terms.
Guess, there’s a lot to learn before starting trading. And I agree it’s better to loose your money with your faults and flaws and build and gain more knowledge and experience than loosing your money with the carelessness of others and gain nothing but regrets.