Kingstone
Active member
The only sole purpose of trading is to make profits. Forex trading provides many ways of making money even for a novice trader. That is why Forex is regarded as one of the most lucrative ways to make money online but it comes with a cost. It is very risky. You have no control over the market moves and they can be very volatile at times. However, among the different ways, you can profit from are copy trading and self-trading (regular method).
It is not an understatement to say the Forex market is easy. You need to move from a novice to a professional and be able to read and understand the charts couple with some indicators to place your trades. People take their time to learn Forex snd they become a self trader. They bear their profits and losses by themselves. This is not an easy thing but most people prefer to trade by themselves than the second option; Copy Trading.
Copy trading implies that you make deposits into your account and comment with an expert trader to execute the trades. Each time the trader makes profits, you are also making profits and vice verse. To join copy trading, you will be provided either the trader's details about losses or profits. This will help you to make the right choice. This is an escape route for novice traders.
Which do you prefer?
It is not an understatement to say the Forex market is easy. You need to move from a novice to a professional and be able to read and understand the charts couple with some indicators to place your trades. People take their time to learn Forex snd they become a self trader. They bear their profits and losses by themselves. This is not an easy thing but most people prefer to trade by themselves than the second option; Copy Trading.
Copy trading implies that you make deposits into your account and comment with an expert trader to execute the trades. Each time the trader makes profits, you are also making profits and vice verse. To join copy trading, you will be provided either the trader's details about losses or profits. This will help you to make the right choice. This is an escape route for novice traders.
Which do you prefer?