Trading Discussion Easy steps to social trading

Phabbyfundz

Active member
— step 1: follow top traders
Choose which trader you want to follow or add to your watch list from the top traders. View their performance stats, read status updates on their strategies, see their live positions analyze result and communicate with them. You can literally tap into the wisdom of the crowd.
— step 2: copy their trade strategies
If you are satisfied with the results of a trader and you like his trading style, you can Copt his trade with one click of a botton.
— step 3: make professional work for you
Now you can sit back and watch how experienced traders do the work for you. Your task is to carefully analyze their result and learn as much as possible from their trades.
 

Sotherefore

VIP Contributor
Sometimes this can actually work depending on how skillful the trader you are following on social media is ,but in as much as they are good it is still advisable for you to learn all these things yourself and understand the strategy that they have been used in trading ,this will help you to trade confidently without depending on them all the time....
 

Setho

VIP Contributor
There is no doubt that there are people who have become very good in the understanding of forex market but I would also advise you to take out your time and learn because they are only human and trends usually change from time to time so following them might not be the best way for you.
 

Ivo Zetticci

Verified member
Low capital should be preferred initially. And even if you become expert, you should stay carful because it’s not true that experts don’t suffer losses. Some regulated trading brokers allow traders with good amount of welcome bonus which is a great opportunity for those who don’t have sufficient trading capital. FXOpulence is a regulated broker, serving traders with all risk management-friendly facilities.
 
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