Hi guys, im new at forex. Is it possible to copy trade someone? Is it more viable for me since i’m just starting?
it is possible yes but you wil have to pay for the service so i wouldnt advise. just take your timer to learn and you will reap the benefits. look for signal groups so you can take someones signal and then analyse why they made that call to trade it. this will help you to learn along the way. Remember you dont have to take all signals people post, make yor own decision as to why you sholuld or shouldnt take the trade
hi
do you mean copy trades?
or copy the style of trading ?
if you are starting , I m would ask to you: why are you in this business?
see u
Usually when any beginner start trading voyage by copying others trading strategies it can hamper the learning attitude in overall. New babies get used to this method and forget the rules to acquire knowledge of trading in a steady and regular manner. Thereby it is being recommended to acquire knowledge of your own which can help you to survive here.
Don’t copy trades.
Imagine you and the trader you want to copy are both pilots of aircraft. He’s flying a different sort of plane, he set off from a different airport and he’s intending to land at a different airport. Maybe he also does not mind about getting tress branches and leaves in his undercarriage.
You’re both flying west. But if he is diving hard because he’s about to land at Heathrow and you’re meanwhile flying over Paris, should you suddenly decide to dive hard as well? Maybe he’s flying at 10,000 meters and you’re only at 2,000 metres…
copy trading right now is common , but be careful when deciding copy trade , because most of them are found to be scams.
Oh okay i see your point! Do you know where i can find some signal groups so i can watch the tips and analyze for myself as well? Yeah i’m trying to learn as much as i can.
i was refering to copy the trades of someone.
I don’t have an account yet, i’m doing the pipschool so i can learn about forex and then put in practise in a demo account. I’m here because i want to learn about this world of trading and earn some with it!
welcome to the jungle !!
just type signals group into google or facebook you wil lfind many. theres lots of people out there that think they provide the best signals, but youll see they truly dont. its good to try and see for yourself though, some peope do provid some good signals
Better learn the basics of forex first. Trade on demo. Get in deep into forex and then try copy services. When you know what to seek and explore in deep then you can find good and reliable service.