Have you ever used copy trading apps

[Obari]

Just as my topic reads, I'm interested  to know if anyone has ever used copy trading apps and what's your experience?
I've always known of octafx copy trading  app but never  never used it because I've tried downloading  it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅  but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.

What do you guys think about copy trading?
Let's discuss please

The only copy trade platforms I know are Bitget, Fairdesk and or ta fx which is always seen in Facebook ads. Then I can't say that copy trading is bad. Because if you can really make money by copying trading, why not do it, right?

just make sure that what you put your money in that you can trust to copy is based on the research you did here. Because it's not just a copy that will earn you money right away.

Dear Bettercrypto,

Copytrading is a feature introduced for people who find it difficult to find the time to trade. It is based on real trading and also involves the same level of risk. Due to this particular reason, we provide the filters for Master Trader traders by risk score (1-2 score traders take the slightest risk while trading) or by strategy (this can be seen via the Master Trader's trading history), among various other factors. You are most welcome to check the details here at this link:
https://www.octafx.com/copy-trade/

You are most welcome to try our Master Trader search filter and find a Master Trader with the same school of thought regarding trading. For any further information, you are most welcome to contact us via live chat or email (support@octafx.com). We recommend you follow our social media platforms to stay updated with the latest news and promotions. We hope to hear from you soon.

Kind regards,
OctaFX Rep.

Since you're a representative  here, I think it will be more better if I get to the team through you for faster response and ease of communication  and I will appreciate  if we can get to talk more better maybe on telegram since you are still limited to pm
You can reach me on telegram @sakaexchange and I will  be will to talk more better with you.

Obari.

[cute nmp]

Have use copy trading apps before  and I cant really say they bring it any much profits as mostly advertised , you can make small percentages from time to time but the losses sometimes are more than the wins that way you wont see much profits overall. It will be better to learn and master  any trading strategy by yourself that way you can control your losses and wins and keep consistency in your trading journey.

[Hamphser]

Have use copy trading apps before  and I cant really say they bring it any much profits as mostly advertised , you can make small percentages from time to time but the losses sometimes are more than the wins that way you wont see much profits overall. It will be better to learn and master  any trading strategy by yourself that way you can control your losses and wins and keep consistency in your trading journey.

I do definitely agree into this point which is actually that accurate on which most newbies or really that lazy people are the ones who would really be considering on taking up such path or method because they dont

really have much time or doesnt really like to exert effort that much towards their trades and this is why the reason they would be sticking into something that they could really be able to earn without exerting
much effort which its never been that recommendable.There are people who are just really that not mindful until the time comes that they would be experiencing out some huge losses or mistakes
that you have done along the way. Copy trading for the sake of curiosity then its not bad but relying into it despite on having continous loses is never been that ideal or good.

This is why it would be always that better that you should really be learning up trading on your own methods and ways or active dealing on which you would be able to make
profits on your own and on the time that you would be losing then that kind of feeling of regret wont really be that worst compared when you are relying on someone.

[Dr.Bitcoin_Strange]

Just as my topic reads, I'm interested  to know if anyone has ever used copy trading apps and what's your experience?
 

The truth is that I don't like using copy trader feature on any of those brokers or exchange, because if I can't be confident in my own trading strategy, then I see no reason to trust the copy trader as well. Well, some people say it works for them, but the thing is that as a trader that I am, I know that the dynamic nature of the crypto or forex market makes it very difficult to accurately determine the direction of the market. As such, I just prepare to go with my trading strategy so that if I lose, I will learn from my mistake, correct the mistake, and go again. "Ones a professional trader, many times a failure." If one can not trade and learn from their errors, then they can't become a professional trader, perhaps those copied trades are also shared by some traders who claim to be professionals.

[Silberman]

Just as my topic reads, I'm interested  to know if anyone has ever used copy trading apps and what's your experience?
 

The truth is that I don't like using copy trader feature on any of those brokers or exchange, because if I can't be confident in my own trading strategy, then I see no reason to trust the copy trader as well. Well, some people say it works for them, but the thing is that as a trader that I am, I know that the dynamic nature of the crypto or forex market makes it very difficult to accurately determine the direction of the market. As such, I just prepare to go with my trading strategy so that if I lose, I will learn from my mistake, correct the mistake, and go again. "Ones a professional trader, many times a failure." If one can not trade and learn from their errors, then they can't become a professional trader, perhaps those copied trades are also shared by some traders who claim to be professionals.

Exchanges are just trying to get more people into the market, as the more people they bring the more money it moves and the more profits they make, and the same is true for anyone that is bound to get a financial gain out of those people, however while everyone wins the ones that do not are precisely the people that come to this market not knowing how to trade and that somehow believe that despite lacking the most basic of skills to become profitable they can still find a way to do so, a notion that is ridiculous no matter how hard I think about it.

[mvdheuvel1983]

Just as my topic reads, I'm interested  to know if anyone has ever used copy trading apps and what's your experience?
I've always known of octafx copy trading  app but never  never used it because I've tried downloading  it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅  but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.

What do you guys think about copy trading?
Let's discuss please

I would be very careful with using copy trading apps for trading no matter what the reviews on the internet are saying. Most of them are scams. They customer agents don't respond to your messages on live chats or and when they do their requirements to get your issue sorted out is just discouraging. For any traders good, avoid copy trading apps. Learn trading and trade yourself. At least when you lose, you would know that it your fault and you would hold yourself accountable and improve on your next trade.

[YOSHIE]

What do you guys think about copy trading?
Let's discuss please

I've seen my friend use the Copy trading application, but I see my friend really didn't make a good profit, quite the opposite in doing the copy trading method.

According to my understanding, trading is copy trading, if you don't understand correctly the risks you get are greater than trading in general.

For example: as I have read the risk of copy trading.

* You have very little control over trading, because you only follow people.
* Trading results depend on other people, if you choose the wrong trader leader, you could lose money.
* Trading in the crypto market is very volatile and your trades have little break from the leader trader. Therefore, it is possible that the position or profit you get is different from that obtained by the leader.
* Your risk tolerance is not necessarily the same as the trader leader. Maybe as a beginner you only dare to face a little loss, while a professional trader already has a lot of capital and is not afraid to face high risks.

If what I read in the quote above really happened in copy trading, I'd better step back and trade as usual, except: I really understand the situation and market conditions perfectly and professionally.

[GhulamOctaFX]

Just as my topic reads, I'm interested  to know if anyone has ever used copy trading apps and what's your experience?
I've always known of octafx copy trading  app but never  never used it because I've tried downloading  it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅  but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.

What do you guys think about copy trading?
Let's discuss please

I would be very careful with using copy trading apps for trading no matter what the reviews on the internet are saying. Most of them are scams. They customer agents don't respond to your messages on live chats or and when they do their requirements to get your issue sorted out is just discouraging. For any traders good, avoid copy trading apps. Learn trading and trade yourself. At least when you lose, you would know that it your fault and you would hold yourself accountable and improve on your next trade.

Dear Mvdheuvel1983 ,

We regret that we could not respond to you earlier. We apologise if you feel that way about copy-trading. However, that is not the representation of the actual picture. Copytrading is a feature introduced for people who find it difficult to find the time to trade. It is based on real trading and also involves the same level of risk. Due to this particular reason, we provide the filters for Master Trader traders by risk score (1-2 score traders take the least risk while trading) or by strategy (this can be seen via the Master Trader's trading history), among various other factors. You are most welcome to check the details here at this link:
https://www.octafx.com/copy-trade/

You are most welcome to try our Master Trader search filter and find a Master Trader with the same school of thought regarding trading. For further information, you are most welcome to contact us via live chat or email (support@octafx.com). We would like to know long have you been trading on our platform. We recommend you follow our social media platforms to stay updated with the latest news and promotions. We hope to hear from you soon.

Kind regards,
OctaFX Rep.

[Odohu]

Copy trading always end in tears! The market is so dynamic and require regular adjustments and fine-tuning of even profitable strategies. This is what computer programs do not do... they are fixated on the initial data and the result of this initial successes followed by disastrous failures.

The only people who make  profit in the entire process of copy trading is the owner who never commit any money to the system.They enjoy the initial signup fees and are very fast in withdrawal the initial profits before the doom sets in.

I will advise anyone venturing into trading to learn and grow through the process...it is a skill that will pay you for the rest of your life.

[tygeade]

Well I often see some creators advertising copy trading applications on some social media, I think this can be a good alternative for those beginners who don't want to bother with some of the steps they have to do when doing it themselves and they can use copy trading there. Well I agree, I think it's better to use our own way of trading, we can do it the way we want and it will indirectly further train our knowledge about this field. I once tried using one of the copy trading systems and at that time I got a win even though the profit was not too big, but strangely there was no satisfaction there. Although I was able to get the winnings I expected but I could not feel the satisfaction in the victory, maybe the problem is because we depend on others.
So the point is that it is better to use your own way of trading, although it is quite complicated in learning but believe me many successful traders have their own way of achieving success in the world of trading because they always learn from every mistake.

They could use it if they want to, but they should remember that it's quite important to make your own trades as well. There are way too many people who act as if they are doing something that would be single time, but the reality is that it's not that easy or understandable most of the time as well.

I think it's quite clear that we are talking about a situation where they are going to end up with a terrible result if they do not learn how to trade themselves. So even if they end up doing it, they should keep learning how to trade meanwhile in order to grow out of this one day. They should aim at being their own source, and most people who do copy trading, end up not working on themselves at all and try to improve, that's the problem.

[AakZaki]

~snip~

This is why it would be always that better that you should really be learning up trading on your own methods and ways or active dealing on which you would be able to make
profits on your own and on the time that you would be losing then that kind of feeling of regret wont really be that worst compared when you are relying on someone.

The loss you do yourself will be a lesson and can make a foundation so you can deal with the same incident well. If we only rely on other people there will be nothing we can learn other than just seeing without being able to practice. There are many trading methods that can be applied, everyone has a different method. it can be created by doing practice. The profits generated from the trading method itself will make us more satisfied and able to continue to grow.

[Natalim]

What do you guys think about copy trading?
Let's discuss please

Copy trading is just a learning tool for newbies or those who are just making their journey in trading. I use copy-trading before but not an app, and it is because I have no trust in these apps. But yeah, I'd leave copy-trading after getting an idea of how it works and I would say that there is no potential to become successful from doing this. That is why I won't suggest to keep doing this longer if you wanted to grow your knowledge and skills, and you never be successful from relying on others' minds. If they can manage to analyze the market, we can do it as well because there are a lot of available resources that can be used, only we need to spend time.

[Fatunad]

What do you guys think about copy trading?
Let's discuss please

Copy trading is just a learning tool for newbies or those who are just making their journey in trading. I use copy-trading before but not an app, and it is because I have no trust in these apps. But yeah, I'd leave copy-trading after getting an idea of how it works and I would say that there is no potential to become successful from doing this. That is why I won't suggest to keep doing this longer if you wanted to grow your knowledge and skills, and you never be successful from relying on others' minds. If they can manage to analyze the market, we can do it as well because there are a lot of available resources that can be used, only we need to spend time.

Copy trades would be the most common option that you would be testing out when you are a noob, some might be that curious and making learnings more deeper but there are ones who would really be completely relying into it.In overall, its not really that ideal on making yourself get stuck into something like auto trading using up some bots or would be simply trying out to copy others trading too. It doesnt assure out profitability and at the same time it couldn't really be making you a better trader since you cant really learn something which would really be relevant with trading field. You would be able to find it sooner or later in speaking about this aspect or
particular things because you cant really be able to progress yourself if you arent really that mindful about on how to learnt up things on your own. You would be finding that it would really be that relevant that you should really be trading manually and would really be having that kind of steps and methods which you would be needing to deal with.

[Silberman]

What do you guys think about copy trading?
Let's discuss please

Copy trading is just a learning tool for newbies or those who are just making their journey in trading. I use copy-trading before but not an app, and it is because I have no trust in these apps. But yeah, I'd leave copy-trading after getting an idea of how it works and I would say that there is no potential to become successful from doing this. That is why I won't suggest to keep doing this longer if you wanted to grow your knowledge and skills, and you never be successful from relying on others' minds. If they can manage to analyze the market, we can do it as well because there are a lot of available resources that can be used, only we need to spend time.

If by using copy trading newbies could actually learn more about trading it would not be so bad, however I have my doubts this is the case, as it is not as if the trader they are copying describes exactly why they are opening a position at that point in time and what they are trying to achieve with it, if that was the case a smart newbie could learn a lot from this and eventually develop their own successful strategy based on what they saw, but we both know those people are not really interested on learning and they just want to profit from the efforts and skills of someone else.

[ancafe]

I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅  but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.

So far I have never used copy trading and if we can run trading using trusted online sites as usual why should we download the application. There are many copy trading services that end badly and in the end they seek fame through YouTube channels by offering their services. But if there is one of the many people who use it, it has probably been through long consideration and also must make sure you are risking capital that you can bet.

When people want to learn how to trade, using a supporting application like that won't help much. There are many cases of copy trading that end very badly because faces like this make trading in the eyes of ordinary people even more frightening, even though it is only done by a group of people who are looking for profits irresponsibly. So should be careful using copy trading? and if we can't be responsible then forget it.

[RewFrew]

Just as my topic reads, I'm interested  to know if anyone has ever used copy trading apps and what's your experience?
I've always known of octafx copy trading  app but never  never used it because I've tried downloading  it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅  but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.

What do you guys think about copy trading?
Let's discuss please there are many scam

You mention that app is scam. I also think there are many scam copy trading  apps in play store. So Better use Exchanger for copy trading. In Binance you can do copy trade it is more safe i think. We know copy trade is mainly for forex. But some exchanger open it for crypto also. And copy trading mainly use new comers.

So my advice if you want to copy you can use established exchanges that will be mlre safe and you will be safe from scam. And my strong advice please avoid copy trading  apps, became most of them are scam.

[tjtonmoy]

What do you guys think about copy trading?

I haven't tried it, and I don't think I will try it in the future either. Copy trading feels like not real to me. You are most likely to make losses instead of profits. It is not clear what leverage they are using and what's the value of their each trades. Little movements in the market can make huge impact on profits and losses based on how much you invest. They are the big dogs. They are investing a huge amount for each trade. We can not compare our little amount with them.
Also, not every trader shown there are making profits. Each and every trader make losses at some point. So finding the best one is troublesome. Because is crypto trading, past performances foes not determine future outcomes. Maybe they are loosing now but in the future that could turn into profits. Vice versa for profits to losses.

So what I recommend everyone is to do your own research and analysis. Do it on your own and then compare it with the pro. Don't just copy someone else's work and expect for profits. Use it as a learning process. This will give you the best results in the long run.

[CarnagexD]

Just as my topic reads, I'm interested  to know if anyone has ever used copy trading apps and what's your experience?
 

The truth is that I don't like using copy trader feature on any of those brokers or exchange, because if I can't be confident in my own trading strategy, then I see no reason to trust the copy trader as well. Well, some people say it works for them, but the thing is that as a trader that I am, I know that the dynamic nature of the crypto or forex market makes it very difficult to accurately determine the direction of the market. As such, I just prepare to go with my trading strategy so that if I lose, I will learn from my mistake, correct the mistake, and go again. "Ones a professional trader, many times a failure." If one can not trade and learn from their errors, then they can't become a professional trader, perhaps those copied trades are also shared by some traders who claim to be professionals.

Totally get where you're coming from! Well if what you're aiming for is independent trading, trusting your own instincts and strategies in this ever-changing crypto and forex scene makes total sense. The market's wild swings can be hard to predict. Trading is also one of the hardest profession in the world.  Learning from losses and evolving as a trader is the real deal. And you're spot on, those copy traders might not always be the gurus they claim to be. You're not learning when you're just copying. But if you just want to make money with the person's analysis you trust, then go for it.

[Crypto Library]

Just as my topic reads, I'm interested  to know if anyone has ever used copy trading apps and what's your experience?
I've always known of octafx copy trading  app but never  never used it because I've tried downloading  it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅  but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.

What do you guys think about copy trading?
Let's discuss please

Octafx is a familiar app of mine but it is used for Forex trading.  Crypto trading and forex trading are two completely different rules and traded with different assets so octafx will not be of much use for crypto trading. And I always prefer to trade with my own strategy so I don't use Octafx or any other copy trading app.  I often do future trading but in that case I follow the top profit gainers of the leaderboard and apply my own strategy with it and I am able to earn some good profit. I always believe that trading by doing research yourself is most efficient and beneficial. and in this case you can become an expert in trading

[Obari]

Just as my topic reads, I'm interested  to know if anyone has ever used copy trading apps and what's your experience?
 

The truth is that I don't like using copy trader feature on any of those brokers or exchange, because if I can't be confident in my own trading strategy, then I see no reason to trust the copy trader as well. Well, some people say it works for them, but the thing is that as a trader that I am, I know that the dynamic nature of the crypto or forex market makes it very difficult to accurately determine the direction of the market. As such, I just prepare to go with my trading strategy so that if I lose, I will learn from my mistake, correct the mistake, and go again. "Ones a professional trader, many times a failure." If one can not trade and learn from their errors, then they can't become a professional trader, perhaps those copied trades are also shared by some traders who claim to be professionals.

Well there is a saying  that  we should learn from others mistakes but there is also a saying that experience  is the best teacher, I think but sayings have a scenario to which they should fall and I will rather choose to learn from the mistakes of others rather than making same mistakes I would have learnt from and even make some profits  from it rather than risking absolutely  everything while learning.

I was on the opinion  on seeking to know kw if anyone has been successful  from copy trading because I was having some thoughts on having a copy trading app and earn from it while learning.
How about that 🤔