Hot Learn about Copy Trade in Forex
How do you invest without experience, knowledge and time but still earn stable profits in the financial market in a safe and sustainable way?
This article will help you find a simple and effective method to be able to make money in the financial market, which is a copy trader or also known as Copy trading and instructions for you how to Choose a perfect investor with your style and start copying trading.
Don't ignore this article, because it will ALWAYS CHANGE YOUR FINANCIAL OPERATION.
Entering the 4.0 technology era, with an outstanding development of technology and great buildings, you can easily find an experienced investor without having to learn the skills they have learned. If you do not believe, you can read on to find out why I said that.
Why is the financial market so attractive?
The marketplace is a battlefield, and the financial market is even tougher, this is a bloody battlefield. Up to 90% of investors fail and even lose money on this market.
But what attracted investors despite their losses or knowing this was a bloody market but newcomers continue to join this market?
That's because 10% survivors are all very rich and their income from investment is extremely terrible.
Financial transactions provide the opportunity to bring a large and fast money. Money expresses financial freedom, it is also the dream of many people even though they do not know how to achieve it.
They are willing to trade off the loss of money to be in the group of 10% of successful investors.
With a dream of a comfortable life about money, time, not restrained by anything, no pressure from work, not a financial headache, ...
The difficulty of those 3 not: No knowledge, No experience, No time
Many people have asked the question, how to participate in the investment world when there is no time, no knowledge and important experience? If so, how would I throw money through the window?
This is absolutely true, but in the past, when an investor with no knowledge and experience will become a lamb keeping the old wolf.
In order to become a "Wolf" and earn a profit in the market, you have to trade a lot of money, time and effort.
But there are many people who lose a lot but still cannot succeed, because successful investors, apart from the above factors, must be able to be rich, which means they must have an advantage over the houses. other investment.
And these great things come from their personalities, very wise successful investors, they live very principally, can be said to be rigid. An indispensable factor is discipline, they are very disciplined, they control forest transactions well, know how to trade, something that not everyone can do.
All of these things create an overall picture of the investment world, 90% of investors lose, 90% of the money in the market belongs to 10% of successful investors.
But with technology 4.0, a person who doesn't need knowledge, experience and time can still make a profit in this market in the form of Copy Trade.
What is Copy Trading / Copy trade?
What is copy trade? Copy Trade literally means COPY OF TRANSACTION. Transactions on the master account will be copied the same or similar to the Copy account. Of course, the original account is loss or interest, the copy account will be loss or similar profit.
Any trading actions performed by Pro Trader such as opening orders, stop loss, closing orders will be done in the account of the proportional copyer between the two accounts.
Account A has a total of 100,000 USD and the word transaction is 150,000. Account B copied under account A and has the same capital of $ 100,000, it will also have a profit of $ 150,000
Account C also copy but only 10,000 of capital will also have a profit of $ 15,000.
The transaction copy will still be able to disconnect from the Pro Trade and manage the order itself.Similarly, the copy may still not need to be disconnected but can still have full discretion to cut orders, SL, TP, ...
What are the advantages of Copy Trade?
A successful and profitable Trader must do a lot of things like tracking transactions, order management, emotional management, psychological management, capital management and risk management, ... these are all What is not learned is possible.
But when you copy trade you don't have to do anything, just choose a good trader, fit your style and Follow them. Then you can play games, read books, work, clean the house, take care of your children, ... and your profits will increase equally as an experienced investor.
Want Trader, you must regularly exchange trading knowledge, learn from the failure, from the previous ones, create trading methods that are suitable to the style of the dark to bring maximum efficiency, study capital management, psychological control, risk management, ...
Copy trade doesn't need that, your job is to find an investor with stable profits and good risk management.
A full-time trader must spend a lot of money, time, and effort to test new methods, and it takes time to be effective.
If Copy trade, you can easily invest in many different Pro traders to compare the yield and the test time is very short. Help give you a good portfolio and provide a stable income, secure even if you spend very little time and you don't necessarily have to have knowledge or experience about Trading.
The potential profitability of Copy Trade
In the current period, the bank interest rate is only about 7% / year. And with a rapid growth in annual consumer prices, real money is only 3% per year.
And bank deposits are not as safe as you think! For example, if Vietnam happens to have a hyperinflation like Venezuela or Zimbabue then your money will not fly, no matter how big it is.
Compared to your bank deposit of 7% / year, the profit when you copy trade can be up to 15% / year or more. And it's easy and safe to know how to choose and allocate funds to investors.
Why copy trade back for free?
You can easily get profit when copying transactions without taking time to research the market or methods, strategies, capital management, psychological management, ... and much more.
For Pro traders, what do they get? In addition to making a profit from the deals they make, they will also receive 20% of your profits and their Follow followers. If the number of Follow is large, the money they will earn will be huge.