Forex copy is risky or not?

[ali200]

According to me, Copy paste is not good trading system and by this this is not possible to express your talent and knowledge. But if you want to follow someone signal then fast make sure that that trader are successful trader. Never follow anyone signal that never Bering your success.
On the other hand, if you want to be successful trader. I suggest you not to follow anyone signal, practice more and more then you will be smart trader. Hope you understand. Are you agree with me?Thanks

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[deadman]

it' will good if you follow it on a time. the first we can follow it on demo account. this way you can test this stategy . is it effective. if it isn't good. you don't follow it/ and you test again with other stategy.

[mak123]

Forex is very risky and thats why we need to have very much alert about every moves in market and we should be very much careful regarding our trading decisions.

[Gaban]

depending on how our attitude. forex copy very risk if we are not disciplined and have a good MM. but can be beneficial if we could have MM and discipline. But I prefer trading itself rather than forex copy. so, I can train my trading analysis capabilities better.

[uncle gober]

Forex copy reduces the risk of loss and increases the chance of profit, because they are professionals who operate and run before ódenes perform their studies and analyzes. Armada Markets is pleased to introduce our new platform – Autotrade. Autotrade is owned and operated by Myfxbook. It allows you to copy trades of any system you select into your Armada Markets MetaTrader 4 account. It´s very easy to use because you don´t have to install any software.

What makes Myfxbook Auto Trade better than other copy trade systems?

• Only winning systems are showed what are hand picked from real accounts.
• You can add or remove system anytime
• You will get accurate statistics what helps you to make better decisions.

Myfxbook Autotrade

[Gaban]

copy forex trading does not guarantee that we will get profit. For that, we should be more selective in choosing a forex copy. I prefer trading using its own analysis. so that I could train my trading analysis capabilities better yet,.

[uncle gober]

There is nothing wrong with copying experience traders but you have to be sure of the track record of the trader you are copying but for me i never copy anybody because i believe in improving my skill and ability in forex. One problem with copying others is that it make you lazy to learn and work hard to improve yourself.

Let's Try : Myfxbook Autotrade - Choose a trading system and trust your funds to carefully picked strategy

[Gaban]

I better use their own analysis rather than using the analysis of others. it is not easy to conduct market analysis, but if we learn so much we can do a market analysis. to perform their own analysis then I could train my trading skills with good

[abory]

if you are a beginner then you would be better off if trading with their own analysis instead of analysis of other traders. because by doing its own analysis then we can train our trading skills better. 've Tried trading in RealTrade?

[Gaban]

I prefer trading with their own analysis rather than trading with a copy trade. for that, I have a lot to learn to make good trading analysis if I want my trading analysis could be appropriate

[⭐ kaito kid]

There is nothing wrong with copying experience traders but you have to be sure of the track record of the trader you are copying but for me i never copy anybody because i believe in improving my skill and ability in forex. One problem with copying others is that it make you lazy to learn and work hard to improve yourself. so far, i am using my own capability to trade in FBS

[abory]

indeed trade copying can be an alternative for novice traders to start trading without having to do the analysis. we just follow the signals from professional traders. But in choosing the trading copies we have to be careful and make sure to have a reliable trade. So that we can benefit. It would be better if you could have insurance to prevent things that are not desirable. You can get insurance trade if trading in RealTrade

Edited April 21, 2014 by abory

[Gaban]

copy is very good for traders who want to trade without the need to perform trading analysis. but if we do copy the trader then our trading skills will increase less. for that, we have much to learn and practice trading

[yuda_forex]

Good and interesting opinion,,

Using trade copier have negative and positive term. The negative term is making our self more stupid in how to trade in forex. and the positive point of view is making money more easy.

[Gaban]

depending on the individual trader. whether to trade with forex copy or not. because each has its advantages and disadvantages. but for me it would be better if we could have without a copy trading

[fxapex]

people trade in forex to earn money, coping might be risky but if you could find some good trader who can provide good signal, thats great, although you are not learning any thing but still you are earning.

[ayuxxx]

It's depend on account owner..

If the owner is best trader and good performance, its recommended to make it copied.

But you must know the impact of it.
I just recommended you join PAMM of Liteforex, its good return and many superprofessional manager there.

[⭐ kaito kid]

I never use the forex copy programs, but i guess the risky is same as if you open position based on your own analysis, the differncies between both is, might be you cant have an admiration with your skill and never know in level where your trading skill now. GET $5000 as an IB in my broker

[Gaban]

yes, I also do not use a copy for my trading forex and according to my copy of forex trading is not good for us, because we will copy forex relying lazy to learn trading. we would not have the passion to do their own trading analysis.

[fxapex]

copying is not safe but if you could good signals and you are confident about it there is nothing wrong in that, but if you are using it regularly then might be a huge risk.

[uncle gober]

forex copy is quiet good but i will advise that you know the trade history of the person you are copying his trades. let him provide at least six months trading statement showing consistent profits so that he does not put your account into loss position. now, my broker have a special promotion. that is Myfxbook Autotrade - Armada Markets. this system has a same system like forex copy

[Gaban]

forex trading with a copy of it will be simpler because we do not need to do the analysis. we just follow the signals from professional traders. but must carefully select the trading signals. other than that we can also trade in the PAMM account. so that we can entrust our money in the PAMM manager

[uncle gober]

I never use the forex copy programs, but i guess the risky is same as if you open position based on your own analysis, the different between both is, might be you cant have an admiration with your skill and never know in level where your trading skill now. but my broker also offer MYfxbook AutoTrade - Armada Markets.

[Gaban]

I never use the forex copy programs, but i guess the risky is same as if you open position based on your own analysis, the different between both is, might be you cant have an admiration with your skill and never know in level where your trading skill now. but my broker also offer MYfxbook AutoTrade - Armada Markets.

I prefer to trade with a manual, because the manual trading then I can get a good trading skills. so we will continue to improve with good trading skills. try trade in instaforex with bonus post

[tamzid92]

Of course Forex copy is always risky. someone is doing trade using his own trading strategies and money management system. If you follow his trade and copy it to your won trade, then how you could make profits? Affiliate traders will always invite you and show interesting offers to copy their trades. But do you really have trading balance like them? if not, then you should copy their trade too.

I don't do that either. my broker OctaFX is enough for me. Since joining this broker, I have been following broker's analysis and strategies given. Broker has a team of Expert and certified traders who shared trading analysis with us. As well, OctaFX has no trading restriction on using any kind of strategies. So I do news trading and scalping often to make huge profits in short of time.