Hi
Thanks for the tips on a new platform.
settled on Saxo Trader- 200:1 upto a £50k trade size, min lot £5k, Same Day withdrawal, good platform.
in my travels i stumbled across etoro’s ebook. it was interesting to see that some traders have cleared a 3000% odd return this month.
i was wondering if wouldn’t be a good idea to copy the positions of proven performers in conjunction with your own positions?
from what i’ve seen only the entry end exit points are shown without offering say an appropriate configuration of one’s account to ensure for example you don’t prematurely hit a stop in longer positions etc.
How do you feel about disciple trading?
say you had a personal system which yields a safe consistent (low: hence the need for more leverage) daily return. Is it a good idea to use some of your account to chase bigger returns from the trading ideas of others; maybe feeding the profits into your own ‘safe’ system?
say use 80% of your account for your system.
and 20% for the lustful pursuit of outlandish returns.
and how exactly do you disciple trade with that 20% if the only thing you know is entry point?