Copy trader reddit

Copy trading have no additional cost compared to trading by your self. I found the system repeatedly didn't seem to match his trades, and even when it did I found I could have done better myself. There are many copy trading platforms like zulutrade, naga, darwinex, pelican etc. 72%) 1 June Coinbase Pro announced about adding the meme-inspired cryptocurrency Dogecoin-DOGE. You’ll be duplicating their positions automatically in real time and in direct proportion. Choose whether to copy their entire portfolio or simply copy each new trade they make. Because when you hit copy, you are buying stocks at a different price as the trader, so it will take time before you are fully synchronized with the trader. tvpotter. Been using social trader tools for years, I recall one time, where they had around 30 seconds latency. Topics related to trading stocks for beginners, including Copy Trading strategies, Day Trading strategies and swing and position trading strategies. Or some investment industry exams. etoro feels limited, you can only use their platform to execute trades. So far so good. Checked this wallet on zelfiguru. Around -1,5R thanks to that for me, wrote them a mail, the problem was solved within a few hours. Plus pay 0% commission for stock trades while copying on eToro. Year 2 starts with £1200 if the trader makes 20% again you're making 20% on 1200 and not the initial 1000 taking your total to £1440 for a 240 gain. available in the market today, each with its own unique features and offerings. Nexo is the world’s leading regulated digital assets institution. At first it was quite motivating to exchange trading ideas and information on coming events. I had $100, lost $75, and to break even should either go all in on the next trade, or spend forever on breaking even by trading positions reduced to 1/4 of the original size. Personally, I prefer copy trading on zulutrade. Maybe have a portfolio of 3-5 different ones. Also if that person invested 80% of their balance, it will invest 80% of your copy trade amount. Option 1: Learn to code, develop it yourself, and you'll be richer in money & knowledge. It doesn't work. Now I already do 90% of transactions manually, but copy trading gave me a good experience. While high win rates may seem impressive, it's crucial to consider other factors like risk management and consistency. There’s too much delay in the publishing and with the volatility of options, it’s really pointless. Not happy with my first pick's performance so I left at break-even. • 3 yr. This way I’ve found a lot of profitable traders that always seem to find meme coins early. This is because it provides users with various reliable sources of trading ideas, strategies and signals especially from renowned exchanges like Binance. Bash_2628. best to learn to trade on your own. Can you be profitable, sure for a little while, but your foundation will be weak and will ultimately be your downfall. Many Reddit users have shared their lessons learned from copy trading, highlighting common mistakes and strategies for success. It's probably best to at least start copying a trader with a longish track record. 5% monthly ROI. DON'T CLICK CREATE POST! Click below it. May 31, 2024 · Listed below are the 13 best copy trading platforms in the market today: eToro – The overall best copy trading platform in 2024. Most of them hold too many stocks, that when there is a massive sell-off, they cannot salvage their own portfolio. Correct, the copytrading minimum is $1. But it Looks valid since i Joined mid 2020. The most important factor in choosing a copy trader is to evaluate the system and make sure that the trader is not using a Martingale type system where gains are consistent but small Important question about copy trading: Let's say the copied amount is 1000€ and this is followed by an increase of 20%. 3798 (+14. Before you engage into copy trading, it's better to check all the provided information - trading history (with losses and wins, no just screenshots of wins), risk level, liquidation rate - everything you can find. Coinbase Pro said in a blog post that users could transfer DOGE into their professional trading accounts, with trading expected to launch on Thursday “if liquidity conditions are met. Does anyone know where a physical copy of the PS5 version will be available on launch day? The only thing I can find is the PS website, and it…. Drawdawn of less than 1% is great for any copy trading strategy. • 7 mo. eToro - Best overall platform for copy trading. Choose the user that you’d like to copy, input the amount you’d like to allocate, and click COPY. Welcome to FXGears. Please use Old Reddit to see the full sidebar to participate here. eToro Copy Trading community was set up by a eToro partner for eToro traders to share their experience, ask questions about eToro copy trading and trading on the platform. Copy trading is more or less what it sounds like. 5. Sorry for late response. I'd like to spread my account across 10-20 of them but this doesn't seem possible. What are the beast tools to track wallets / copy trade. I already changed the risk preference in the questionnaire to the maximum but still doesn't I don't believe this is possible unfortunately. Disabling copy open trade will only copy the next move. Traders with a high win rate achieve this by never closing a losing trade. Editors and readers, I would like to share my experience and get your advice on their next steps. Hi guys, I have been trading on eToro for some months and now I found a really good trader that has risk 9. Well all you see if tx in sol address, you don't know when that person trades on exchanges and then transfers to their wallet. Say trader you’re following buys 100 shares of a particular stock. Just because one got lucky with 2-3 trades it doesn't mean he won't lose the next 2-3. It's tier based and you have to spend COPE to get access to that. DOGE: $0. I realized that with this you can get passive income. In copy trading withdrawing profits is easy, you just close part of the trade. The community members should be kind and respectful and the main focus is U trade Apex i think. Look for traders with a proven track record of consistent returns and consider factors like their trading strategy, risk management, and It has the potential, especially when using a reliable automated copy trading apps/features. 9% win rate. Makes upwards of 6. I think most prop firms are okay with copying trades as long as its your own idea, if you're using a trade copier then maybe you can try using the master account as your own trading account rather than another prop firn account. Most of my copiers are making money, but it's best to see this for yourself in the equity curve (the chart section or the PI) Lastly there's always luck involved. You can start or stop copying a user at any time. ago. The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier Mar 19, 2024 · Here are the best forex brokers for copy trading, based on our testing of 39 brokers across 113 variables. My question is, while I see that when I do a market order with Tradovate on Tradingview, the ATM/OCO SL + TP brackets, don't pop up. I really would love to copy him but eToro tells me that my maximum risk for copy is 8 and prevents me to copy. if you really want to copytrade someone find someone on twitter or something that you respect and copy their trades while reading their thesis and ideas. Strategy. Specifically dexscreener to see the top trades. You may also set a Stop Loss for the copied trader, add or remove funds, or pause the copy. Just note that the gain they get usually in percentage because it is easy to have 100-1000% gain from 100usd but those traders usually have no risk managements. Bybit is a cryptocurrency spot and derivatives exchange offering trading on inverse, linear perpetual, quarterly futures contracts with up to 100x leverage; providing users with a highly secure, state of the art matching engine, 24/7 service, and an advanced order system. Ever. Best would probably be to go to their discord and ask. I am getting a funded account with Apex Trader Funding and with my strategy i’m making $100-$200 a day. Ok are there any fees or minimum to copytrade you. I've seen people supposed to earn 10%, only up withdrawing 5% before gas fees while the majority 0%. If you use Binance for trading, you could use BingX for this purpose. We Copy Trade - Scam or Real Company. Now my question: should I now sell everything and follow you again, only this time with the 1200€? Nobody's responded to this post yet. Reply reply. You get 72% of profits, the trader you are copying gets 18% and the platform gets 10%. I have been doing it for 5 month and my friends are all making bank! Trade Bitcoin BTC, Ethereum ETH, Bitcoin Cash BCH, Litecoin LTC, Dogecoin DOGE and more on this cryptocurrency exchange subreddit. To me it seems that it’s really not worthwhile to copy these politicians, especially if it’s options trading like Pelosi is involved in. My Best experience was with the One-Click Copy Trading feature on Bitget with a special trading program that allows anyone new to trading and crypto beginners to start trading right away. • 3 mo. Right now it's 500 COPE which is about $40. do It in NT8: - Create an App based on NT8 to share entries / exits with other users and directly copytrade. Hi guys, Starting a thread here so we can share our best tips and trader to copytrade. One is 5% negative. Award. Jan 13, 2022 · Copy trading. 4. Copy trading lmaooo. I recommend splitting your copy over a 2-6 month period. I dont know how valid This old Data is. Don't copy traders who have more than 10% of crypto in their portfolio (I already own crypto) Find someone with a good track record, and divest a small stack and copy their trades. And pray & hope etoro's numbers are at least close to being legit!! Also, check on the youtube channel 'social trading vlog', that bloke has tons of great vids on copy trading. you’re better off studying up and save for at least 500-1k trading account. Your money will be at their mercy 'til the next bull run, and just then, you will just breakeven. Our Copy Trading feature is new so we will continue to look at how to improve the experience. But really if you copy anyone still standing you have a 50% chance of beating the market this year, 25% beating it for 2 years, 12. If he loses it, at least a lesson was learnt. Seems Like everyone lost Back then and only a Few Made it Out positive. if anyone had a secret to day trading with %0 risk of ruin warren buffet would hire them for 10 billion a year. but the truth is trading is not easy and will never be easy for anyone who doesn’t put time to watch it. Many etoro users invest just the minimum required amount to copy them, and that's it. I'm looking to copy trade a few profiles in Etoro, I understand that some profiles disclose their suggested minimum investments for the best return, some don't address details around injection of funds and how best to apply this approach on a continual basis. With the other 6k-ish, continue to invest in ETFs. Bybit will mostly recommend traders with 200% ROI for the last 7 days, than 20-30% ROI for the last 3 month. THAT is how you learn. It’s a scam. You’ll become dependent and never learn how to trade for yourself, plus your trading will be delayed in a career where seconds matter. I will patiently wait for OpenAI to go public, even if it takes 29 years, and then invest all my money in it. Follow, copy, automate, and earn by copying the trades from our top traders globally based on their real-time PnL. Not binance but I have used copy trading elsewhere and in my experience stay away. There are reliable traders out there who can be worth copying for long-term investments, but it's crucial to do your research. I get paid directly by eToro once I become tier 2 popular investor. The total amount is now 1200€. You might think that 1st one performing better. Regulated in Australia and other countries and reputable partners like Wolves FC and Cardiff City from the English Premier League. No, can't. However, it's important to approach copy trading with caution. Thanks! same sa school, maling copy, bagsak. huge difference. my thoughts lang naman. U can trade groups with tradovate or the replikanto flow bots in ninja trader witch is the best . Feb 27, 2024 · Here is how to copy trade on eToro in 4 steps: Choose a trader or traders you like. Beside this one example, worked perfectly every single day. He said afterwards he did it to complain about Etoro. Today I have a detailed review and presentation on how to do copy trading step by step by ITEKCrypto . ”. I used eToros copy trading and left it with what was considered a fairly trusted trader for several months. This allows novices Highly recommend you do not mirror trade. This master trader has earned its reputation by consistently delivering an impressive average monthly return of 15%, with the potential for even higher gains in select months. Last year I was part of a small telegram trading community organized by a guy named "prince". As a PI, I won't create $50 trades as they wont trigger for people copying my on low amounts. Users without the experience or time to practice active trading will let the system copy the orders placed by expert traders for them. Shame, no physical no buy. The first step was to get acquainted Discussion. WeCopyTrade and WeMasterTrade apparently under a WeCopy Fintech banner apparently based at 744 W Hastings St #420, Vancouver, BC V6C 1A5, Canada Not sure if this is a virtual office or not. They constantly have a drawdown of 500% or 1000%. The main advantage is that it let's copiers copy your trades automatically as you trade, without you having to enter them into another platform (such as Wundertrading) Reply. Personally, just try trading yourself and don’t trade more than you’re willing to lose. No physical, no purchase. As a result, you’d also buy 100 shares of that stock. While social trading can take many forms, the most popular is connecting traders who share different strategies and following other traders' actions on the same platform. Click on the “COPY” button on their profile. Where copy trading is most used is alert notifications. There's a lot more downside, i have been studying a lot of other traders as well. Climb the investment industry ladder. Sort by: Beneficial_Durian_24. You may also set a stop loss for the copy, add or remove funds, or pause the copy. I think not being in control is really the best part of copytrading for some people. Options is one of the hardest things in the world and you think your just gonna copy your way in 💀 if you thought about it just imagine how many other people have. Check out these top crypto social trading platforms . I would prefer to copy open a trade by following an eth wallet setting and then having sell settings so i completely stay out of the trade. Sorry for my English, I'm not a native speaker. Wanting to copy high risk trader. I put some money in to test the waters and have had really good results so far (~70% growth in about 5-6 months, allocation is mostly crypto and stocks across various people I copy on this platform, Compared this with 0. com, a trading forum run by professional traders. Nothing to regret. To get more information and insights on copy trading, I recommend visiting the Oz Studies blog. Then, most importantly, ask yourself WHY the made the trades that you did. 50-60-70% in favor of the trader, and then he may think about whether to take your money or not. At one point, he sold all of his shares in all companies and simultaneously bought highly leveraged products on ETH and lost about 40%. • 5 mo. If you withdraw the 200 from the initial trader after one year you'll only make I researched this the other week because it’s been such a hot topic in the news lately. 30% allocation ko sa kanya. 01-13-2022, 06:23 AM. You might want to check the trader's history and equate for costs (trade costs, and copy trader's fee). Find another reputable trader (or two), and compare what they did the same or different to you. 583 subscribers in the ForexAcademy community. whereas trade hub is working on cross-broker support, so you can copy trade a trader who might use tradier and the follower is on tdameritrade or any other brokers. 1. PCTX100X's popularity is not solely based on its remarkable profitability but also its u/copy-trader. Next trader I copy is good and responsive to his copiers. AvaTrade - MetaTrader suite, ZuluTrade and DupliTrade. I heard about cryptocurrency for a long time, but only recently decided to find out what it is from personal experience. You choose an expert trader to follow, then copy their trading movements. But you can use their positions & sentiment to get a different view on current market condition. 3. Esp those that have short horizons get burnt the most. Do not do this! The delay can fuck you hard! Say someone post a trade at 10 the the it pops then you see the trade and get get it at 20 then it drops and he gets put at 15 then you get the post and you Copy Trader strategy and suggested profiles to copy. They offer subscriptions that will show you top traders which you can copy. He had $1000, lost $75, and will breakeven within the next few trades. ADMIN MOD. Make sure your copy strategy has reasonable stop losses set. 5% to 7. And the metrics always lie. Vantage Markets: Well regarded copy trading platform. Forex trading is extremely difficult to learn and very time consuming so I think copy trading is a good option. Winter-Divide-8049. but i would say copytrading works best if you dont touch your money for years. Ask others, read the traders blog. The issue with the Martingale strategy is the main thing you have to worry about. It doesn't matter winning 99% of the time if the 1% of the time you lose your entire bankroll. You’ll be duplicating their positions automatically in real time and direct proportion. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. (And you know what they say about things Copy trading based on personal experience. APEX Trader Funding is a scam! Please people do not fall for these pay for funding proprietary firms. 4 of my 10 Copies are between 10% and 20% this year alone. I’ve been using dextools, birdseye and dex screener to track tokens and trades. Go do an economics degree. Hello all, We have several strategies that seem profitable and would like to profit by copytrading. Share. Hence the negative reviews about the concept of copy trading. Beginners-friendly. 6. Choose the amount you wish to invest with them. puppetdmaster. Copy trading is the newest feature available Binance so because I wanted to try it out I initially invested $20 in the at the time current top trader in the ROI and PNL category and in one day made me $7 so I decided to invest another $80 into multiple trades because it just seemed too good. Don't think they are doing physical copies. Anyone heard of any of these set ups that may I have seen tutorials of some telegram bots but they only allow to copy open trades and i would need to manage the trade myself after opening a position and decide how to sell it. Currently trying out Mexc with $500, heres my stats, welcome everyone to copy trade me!! search: yh17. He posted pics of his trading gains/entry positions and slowly more and more people joined the telegram. Nothing beats nonpublic inside info for making good trade, all Congress members are exempt from insider trading laws My advice: Take £500 and go crazy with the copy trading. LaughingRookie. Coin giveaways only on Reddit are allowed, and buying or selling of what is prohibited by Reddit is not allowed. I was looking for a TradingView copy trader but there isnt, at least for the moment best is ninja . Copy trading is the greatest idea because you’ll not be able to understand the risk management of the trader. Welcome to copy trade. Expose this Youtuber Lander schlessinger who claims to make over $20k every day trading options with a 99. My tips : Only copy traders that have a track record longer than 2 years. Anyway, I did not want to risk much, the amount that I decided to invest was 200$, the subscription to the Walter Bulls trader was more than 15% in the first 2 months, I was very happy. You can find Ranges From 30% to 70% per year. Learn valuable insights from real-life experiences of Reddit users who’ve engaged in copy trading. 8. Most of those people Made Solid negative Numbers in 2018. I'm literally building it because I haven't found it. Option 2: Learn to trade, and stop trying to copy other traders. You pay only your own taxes in country you reside. the trading activity of Congress members has gained 21 percent in the past year, performing twice as well as the stock market average. Social Trader Tools I’d recommend this one ☝🏽. 02% on a Mutual Fund It's great that you found a successful trader to copy. There's no bot that's ever been able to beat me actively trading, except arbitrage bots of course. When I was on Etoro, I copy-traded someone who was the second most copied person on the platform. This subreddit is a public forum. 2. Also if u need theres a code proptraderz10 will give u 10% off for replikanto. Learned a major lesson there. Traders can interact with other professionals in such exchanges, gain exposure from them and create Make different sub accounts. Skip to main content In a nutshell, copy trading is when someone emulates a stock market expert’s trading activity. I use same apex and use ninja to copy trades. The problem with bybit copytrading is that it recommends only high profit traders for short period. That way you can actually learn something from it. That thing is risky for the trades. It's mev protected, can't copy trades And looks to be inactive. You should you try Fin888. If you search for COPE token on coingecko, go to their website. Be cautious of "copy trading" telegram groups. Reply. Copy trading can be a lucrative endeavor if approached with caution and the right strategies. Again if the trader makes 20% in year 3 you will make 20% on 1440 taking your total to 1728 for 288 gain etc etc. He charges $150 a month for his discord, but never shows his entries or exits in real time. Copy trading can be a useful tool, but it's important to approach it with caution. • 2 mo. I use EToro and dreamfire52 for my copy trading. 5% beating it for 3 years, its a Choose the user that you’d like to copy, input the amount you’d like to allocate, and click COPY. wink32. I just don't like it. Could you please let me know which is the best among all these platforms? All these platforms you mentioned above are popular and reliable. Add your thoughts and get the conversation going. Pepperstone - MetaTrader, DupliTrade, and Myfxbook. Anyone have advice on the best tools to use to monitor and track 5 Crypto Copy Trading Platforms to Copy Coinbase Traders. u/copy-trader. Let’s say the lead trader loses $25 per trade 3 times in a row. This still creates a bit of complication and is why Popular Investors will specify a minimum copy amount. Been looking into Funded Trading Programs and this one passed my eyes. • 1 yr. U cant. It feels safe to copy the successful traders who have beaten a stock market performance benchmark, because these metaphorical heads flippers have been so successful in the past. Vote. The reason why copy trading in its current form is not profitable, is that almost all providers who agree to receive 10-20% is leading to total blow. ZookeepergameTop6276. the best upcoming social trading network by far, good things ahead. Not to mention, to subscribe, you must have the capital requirement. He posts edited recap videos with fake screenshots of daily 5 figure gains every single day. Add a Comment. Start copying with as little as $200 and no copy fees. The only way to do this is learn how to do it without relying on others to tell you what to do. Have you ever wanted to learn everything about forex? Have you ever had difficulty in figuring out…. I like on the trading view paper trading, how when do I market order, an SL and TP slider will appear, and I can adjust it accordingly, and will increase / decrease in accordance with add ons + TP's. Never really copy anyone but had few copiers previously. Continue to learn. After a lot of research and a lot of lost money I managed to find a trader who has excellent results with few losses, does not take risks with high leverage and his followers also have great Profits. Covesting is in beta where you can see and follow the performance of a select group of beta traders and copy trading will be open to all in Q3. Apr 14, 2021 · Copy-trading platforms aim to democratize trading and make lucrative strategies available to new investors, who can automatically mimic the trades of more experienced traders. Vantage - MetaTrader, ZuluTrade, DupliTrade, and Myfxbook. his PNL is impressive 6million dollars. Everyone would be rich if copy trade worked. Win win win. They will clear you out. A couple months ago I ventured into the whole idea or notion of Copy-trading on eToro. ago • Edited 2 mo. They tell you to try to get the feeling and learn how to trade futures and etc. I trade futures with the funded account on Tradovate but i’m wondering if I can get more funded accounts and copy trade them? So if I had 3 accounts I would be making $300-$600 a day which is a. The best master trader in OctaFx Copy Trading is PCTX100X without any doubt. A lot of people want to invest but don't have the BingX's copy trading feature has become the easiest way for users to make passive income. Tried it last year when I opened an account with them. As such, your feedback is greatly appreciated. You can manually close copied trades at any time. As I have looked into there are two ways to. So this is something that PI's should be taking into account. ph iq di fh hi hs kv jj aa da