What is copytrading? A relatively new concept, copytrading allows those without in depth knowledge of Forex or commodities trading (Gold/Oil etc) to automatically copy the trades of more experienced traders, and profit from their ability to ‘predict’* market movements. Continue reading
Time for an update on my eToro CopyTrader account to check the ROI. How have the chosen traders performed? Is it still in the green? Well, it would have been if I had kept my eye on the ball…a lesson to be learned. Continue reading
I’ve noticed searches on the internet for ‘ROI On Zulutrade’, so I thought I’d share my experiences of using the platform. Obviously, the key word is ‘potential’, but, to date, ‘actual’ ROI has been very positive. Continue reading
Ok, so I’m a couple of weeks into testing Zulutrade’s copy trading platform, and although this is obviously very early days, I thought I’d report on progress. The account is doing OK, but more importantly, my progress raises the issue of how ‘valuable’ is the ‘reverse trade’ option in the advanced trade settings?
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eToro’s CopyTrader is used by thousands of its OpenBook traders, you can see that by looking at the ‘copier’ stats for individual traders listed in the OpenBook rankings. eToro are obviously doing something right, but how ‘right’ are they? What are the Forex Trading system’s strengths and weaknesses? Continue reading