Why Most Forex Beginners will End up Losing Money through Social Trading Platforms
Brett Cooper - Owner
I help current and future forex traders to learn the safest ways to find and choose forex copy signal providers that have the best chance of making a profit.
I have been studying financial strategies since I was 18 years old to try and make a better life myself and my family.
Over the years I have studied and tried all sorts of different ways to make my money work harder.
Since discovering Copy Trading I have worked hard to find the best way to use this new alternative method of Forex Trading.
Asif Imtaiz - Financial Analyst
This site wouldn't be what it is with out the valuable article from Asif Imtiaz.
Asif has worked as a professional trader since 2005, and later he managed trading operations for one of the largest foreign exchange strategy developers in Europe.
As a financial writer, he has written hundreds of financial analysis, reports, and articles. He has covered varied subjects on stocks (equities), Forex, binary options, and cryptocurrencies over the years for syndicated publications and blogs including reviews, market commentary, and periodic analysis.
He currently trades his own funds based on a proprietary system that combines global macro and "naked" technical analysis. He also regularly contributes his analysis on the global economy to several portals and works as a consultant to a handful of brokers.
Copy Trading - How To Win In Forex
Trading forex is a highly profitable way to speculate. It is also a highly risky way to trade the markets. Winning in forex trading is not always as easy as some websites would lead you to believe. Find out one way to cut through the hype and truly win in forex.
Top 4 Things You Need to Know
on How to Pick A Top Trader
Copy trading is a form of trading with growing popularity. This new form of trading incorporates the exiting world of forex currency trading with social media. Learn how to limit your risks and increase your rewards by picking the right trader to copy.
What Is Forex Copy Trading?
Forex trading is an attractive and lucrative way to engage in the global markets. The rise of this form of trading has intersected with social media in what is now being called copy trading. Copy trading is an umbrella term referring to several different forms of social trading.
7 Things you need to know before you start being a Copy Trading Forex Trader:
1. How do the signal providers make their Money.
In most cases they get their commission even if the trade looses.
2. Know who you are following.
Always read reviews and ask questions of your signal provider.
3. You Need to Know about Forex Trading - Keep educating your self, never stop the more you know the better your chance of winning are.
4. Not all Copy Trading Platforms are the same.
5. Understand why and how your traders are making their decisions. This again comes back to education.
6. Read between the lines. This is where having a good set of criteria can help.
7. You can't just set it and forget it. You need to keep an eye on them and make sure they stick to their trading plan.
For more information on what you need to know about Copy Trading check out this great Article.
Our Copy Trading Starter Kit is FREE
The FREE DOWNLOAD will help get you started in the world of Forex Copy Trading.
This is a great place to start for anyone wanting to get an understanding of what copy trading is and how you can benefit.
In the Starter Kit you will receive:
- Our pamphlet explaining Forex and Forex Copy Trading.
- Plus video Tutorials on getting started with 3 of the main Copy Trading sites.
Trading foreign exchange carries a high level of risk, and may not be suitable for all investors. The high degree of leverage available can magnify profits and as well as loses. You can lose more than your initial deposit. Before trading, please carefully consider the risks and inherent costs and seek independent advice as required.