moonchild
VIP Contributor
Trading in group deals with pairing with other forex traders and share trading set ups and strategies with the hope of beating the market and turning in more profits, you can start by convincing your trader friends to come together and form a kind of alliance and then share ideas currently we do group trading at least once a month, what we do is we communicate through whatsapp group and assign a date and then a currency we will be watching, everyday, everyone will send in his analysis and then on the day of making the trade or to put it more succint when an opportunity present itself, we will take the trade.
At the end of the trade we will then discuss what we did right and also mistakes that we made, sometime we have beginner traders join us and it helps them a lot because they get to benefit from our vast experience and because everyone is doing the same thing it boosts engagement and focus for them.
Group trading is actually what a lot of hedge funds do, they bring the best forex traders and then get them to share ideas and this will lead to a lot of productivity and profits.
At the end of the trade we will then discuss what we did right and also mistakes that we made, sometime we have beginner traders join us and it helps them a lot because they get to benefit from our vast experience and because everyone is doing the same thing it boosts engagement and focus for them.
Group trading is actually what a lot of hedge funds do, they bring the best forex traders and then get them to share ideas and this will lead to a lot of productivity and profits.
