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Author Topic: New to Trade - Is copy trade a good option?  (Read 1040 times)
Roukawa
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September 03, 2018, 12:42:13 AM
 #21

Hi guys, I just saw this thread "advertising" the 1broker copy trade option. It seems like a good idea for someone like me, that does not know much about trading. I know the concept and I did something similar in sports betting, by using betting exchanges and make some profit by buying and selling my bets. The thing is I know a few things about sports, but I don't know anything about financial markets.

I used to trade on betfair, but it's no longer available for my country, and the bitcoin options are just not good enough right now for me.

I'm considering getting back into trading and I saw this copy trade thing. Is it good, have any of your tried? Is it only available on 1broker, or do you recommend more sites with this options?

Thanks in advance.
Copy Trading? This is my first that I saw a strategy like this. But in my opinion, it will become suicidal to your capital once you will imitate someone's strategy specially, if you don't know him totally. I believe that having own style will help us to be veteran in trading and even without the help of others, we can learn using observation and studying about market.

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October 10, 2018, 08:19:52 AM
 #22

1Broker just shutdown by SEC, and other broker that offer  copy trading  is eToro. But all trading product that offer by this broker is CFDs trading and this trading more risk than spot trading cause use of margin. If you want to try that copy trading for the better use small amount first and make sure use low leverage.

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