Lens1000
VIP Contributor
forex is a lucrative business that one could enter into. I will like to look into copy trading in forex. This type of trading strategy is often available for beginners or for the people who do not know anything about forex.
Most of the brokers have actually added this feature into their programs example of such a broker is Octafx this particular broker has the company trading strategy features on it platform.
Copy trading is when a beginner in forex trading copy or emulate the trading skills of more experience or expert in forex trading. in this type of trading division and will rely on the experience of the experts in the field .
It is however very important that you should be careful when choosing leader to emulate. If you are copying forex traders with high-risk profile then you literally lose all the money, but if you are emulating the forex expert with low risk profile, you will have no reason to be worried. Some expert traders will take very high risk with the aim of making huge profits, if you copy such trader, there's probability that you will lose all your money.
Have you tried copy trading before and have you been able to make profit with it?
Most of the brokers have actually added this feature into their programs example of such a broker is Octafx this particular broker has the company trading strategy features on it platform.
Copy trading is when a beginner in forex trading copy or emulate the trading skills of more experience or expert in forex trading. in this type of trading division and will rely on the experience of the experts in the field .
It is however very important that you should be careful when choosing leader to emulate. If you are copying forex traders with high-risk profile then you literally lose all the money, but if you are emulating the forex expert with low risk profile, you will have no reason to be worried. Some expert traders will take very high risk with the aim of making huge profits, if you copy such trader, there's probability that you will lose all your money.
Have you tried copy trading before and have you been able to make profit with it?