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Author Topic: How to Start Crypto Copy Trading and Get Profit Today? The Guide You’ve Been Loo  (Read 76 times)
blacky90 (OP)
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January 20, 2021, 12:19:24 PM
 #1

Still wishing you were a trader but not ready to take huge risks?

We have a solution for you — copy trading!

"Just like young artists learn by copying the creations of recognized masters, beginner investors improve by repeating after the best traders".

Read this article: https://medium.com/coinmatics/how-to-start-copy-trading-and-get-profit-today-the-guide-youve-been-looking-for-so-long-5d41ff30e48a

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January 20, 2021, 12:25:18 PM
 #2

I didnt read the full medium post but really liked the idea. so tell me  does the traders that you copy from take commission from your profits ? (if you made any)
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January 20, 2021, 03:47:29 PM
 #3

If you don't know about doing a trade, then don't do trade.

I already see so many offer like this copy-trade, robot and other things all service ended witht he same situation losing his money customer but guess what the owner/company service still ask you money even you are on the losing position to pay the service.

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January 20, 2021, 06:12:38 PM
 #4

Still wishing you were a trader but not ready to take huge risks?

maybe more precisely you should add "as crypto trader"
because the trader's sentence is still common if it is not juxtaposed with the verb in front of it. Smiley

and it should be noted that in my opinion when a person decides to trade, since then he has agreed not only on the profit but also the risk.


We have a solution for you — copy trading!



As for copy trading, not so many people are less interested, because it is clear that there will be profit sharing, where sales income tends to be uneven in the trader's own portfolio. hence the relative risk will have an impact on small trades. this is highly discouraged.

and I appreciate the article

.
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Silberman
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January 20, 2021, 09:37:33 PM
 #5

If you don't know about doing a trade, then don't do trade.

I already see so many offer like this copy-trade, robot and other things all service ended witht he same situation losing his money customer but guess what the owner/company service still ask you money even you are on the losing position to pay the service.
It is really that simple, people need to stop being this lazy if they want to trade, there are no shortcuts in life everything that is worth something takes time and effort, there is simply no way around it, and if for some reason they do not want to make the effort then that's fine but then stop trying to get the same performance as those that do, it is precisely that kind of thinking that gets people in trouble and makes them invest in all kind of crazy stuff that is obviously a scam but that they are incapable of seeing because of their greed.
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January 20, 2021, 10:10:35 PM
 #6

I didnt read the full medium post but really liked the idea. so tell me  does the traders that you copy from take commission from your profits ? (if you made any)
It could possibly be commissioned if the trades are successful and the copiers will have to pay for it without any complain. The idea of copy trading is good and I think in the long run, it's also good but depends to the trader you copy. You'll need to look at the history of the trader you're about to copy because you'll never know what's in their mind. But having a support of history, you'll see the reputation and experience that he had for the past years. One year won't be enough and you'll get this idea on etoro which have this feature too.

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Ridwan Fauzi
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January 20, 2021, 10:46:21 PM
 #7

It is dangerous, if I were you or someone who didn't know about trading, I'll never try to do it. Indeed, there is some platform who offer like that, like let me trade platform. We can see the trader history who give a strategy, like how much he has got profit and otherwise. But, I still think that this is not recommended, because in the trading field the time to entry/out the market is important. You can't copy the strategy if the trader upload the strategy for more than one hour and more, especially if he makes a day trade strategy. Trading need time, money and your thought If you are unable to give it all, the better advice is never to try to trade.
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January 20, 2021, 10:50:58 PM
 #8

I didnt read the full medium post but really liked the idea. so tell me  does the traders that you copy from take commission from your profits ? (if you made any)
It could possibly be commissioned if the trades are successful and the copiers will have to pay for it without any complain. The idea of copy trading is good and I think in the long run, it's also good but depends to the trader you copy. You'll need to look at the history of the trader you're about to copy because you'll never know what's in their mind. But having a support of history, you'll see the reputation and experience that he had for the past years. One year won't be enough and you'll get this idea on etoro which have this feature too.
There are people who do love to rely with others trades and doesn't matter on how much  they would really be deducted out as form of fees or commissions.

as long they do make out profits then that what matter most but on the other side of things on being a true trader then copying or relying on someones result without

tending to learn from it wouldn't really make you as a better trader.Its always better nor worth to learn up something while you do copy other trades.
Analyze and study from it so that your days and time wont really come to waste.

R


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January 20, 2021, 11:02:11 PM
 #9

Past performances can't guarantee future results as everything is hypothetical. Always remember that. Copying a single person whose track record is good and trades with proper RR and money management is fine, but who knows if a trader goes drunk or maybe whatever comes to his mind, he simply uses all of his funds and so, all of your portfolio may be utilized if you haven't had set it up. Changing traders trade by trade is even more dangerous than following one trader only.

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January 20, 2021, 11:13:40 PM
 #10

I didnt read the full medium post but really liked the idea. so tell me  does the traders that you copy from take commission from your profits ? (if you made any)
It could possibly be commissioned if the trades are successful and the copiers will have to pay for it without any complain. The idea of copy trading is good and I think in the long run, it's also good but depends to the trader you copy. You'll need to look at the history of the trader you're about to copy because you'll never know what's in their mind. But having a support of history, you'll see the reputation and experience that he had for the past years. One year won't be enough and you'll get this idea on etoro which have this feature too.
There are people who do love to rely with others trades and doesn't matter on how much  they would really be deducted out as form of fees or commissions.

as long they do make out profits then that what matter most but on the other side of things on being a true trader then copying or relying on someones result without

tending to learn from it wouldn't really make you as a better trader.Its always better nor worth to learn up something while you do copy other trades.
Analyze and study from it so that your days and time wont really come to waste.
If that's what most of the copy traders do but with what I have observed, they simply copy trade and leave their portfolio depending on that copied trader. It is needed to learn while copying others trade because not all of the time you'll just copy trade.
It's still very recommended to trade on your and make your own strategy which will benefit you. And in that case, you'll be the one that will be copied as you progress.

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Wexnident
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January 21, 2021, 12:05:56 AM
 #11

If you don't know about doing a trade, then don't do trade.

I already see so many offer like this copy-trade, robot and other things all service ended witht he same situation losing his money customer but guess what the owner/company service still ask you money even you are on the losing position to pay the service.
Well, it is for a fact that you are using their services, so there's nothing odd about them asking for payment for it. If you started blaming them, then the problem starts with you since originally, you were the one that looked for them. The issue is that most people that adopt such services think they'd get a guarantee payment when trading itself is 50/50 most of the time.
If that's what most of the copy traders do but with what I have observed, they simply copy trade and leave their portfolio depending on that copied trader. It is needed to learn while copying others trade because not all of the time you'll just copy trade.
It's still very recommended to trade on your and make your own strategy which will benefit you. And in that case, you'll be the one that will be copied as you progress.
Well, it is called copy trading for a reason, and really, most of those that do that are just ignorant of trading and/or have no time to manage their own portfolio. If they're doing it as a sideline, it could be ignored, but if they were trying to learn how to trade? Copy trading isn't the key to that.

R


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Kittygalore
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January 21, 2021, 05:27:29 AM
 #12

If you don't know about doing a trade, then don't do trade.

I already see so many offer like this copy-trade, robot and other things all service ended witht he same situation losing his money customer but guess what the owner/company service still ask you money even you are on the losing position to pay the service.
Have to agree with you to a certain angle but with the current technology copy trading is pretty good way to make some profit without the hassle of watching the market 24/7. I do not know much about the viability of copytrading but it is a promising technology/concept for non-traders that want to get their money work for them, in my opinion having a commission base on the copied trade will be the best option because those traders that you will copytrade will be inspired to get good trades because they know that they are going to get a cut from those who copy their trade.
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