Quote from: $weetne$$ on Today at 06:53:14 AM

Quote from: Bushdark on June 07, 2024, 08:56:31 PM

Trading can be very risky if we are not ready to follow the right process so we can make money from it. There are so many people that has been making loses in trading due to their misunderstanding about the concepts of trading they have not learnt. There are traders that are making consistent money from their trades and we don't have to copy them and trade because we feel like we want to be having that kind go results. It is good we keep looking for ways on how to grow faster and get the skill than trying to jump some steps to get to the top.

Copying successful traders is a good way to make profits when trading but do not just copy them without learning how they are doing what they do. Copy them in a way you will be the one to analyze the market because this will help you to know how to read the charts of the market. If you only copy and paste, you will make money but not gain knowledge, traders that are being consistent in gains are those that really know what they are doing because we have alot of traders that do not know how to trade but are doing it because they know it can make you profit. Alot of traders depend on trading group for them to give them signals then they will use the signal to make profits but they can not give out signal to use on their own. Trading can make you alot of money but you do have to know how to manage the money to become more successful.

But have you ever copied trading and been able to make money doing it ? Because as far as I know a lot of people have tried this but no one has ever made a profit by copying successful traders. I don't know what causes copiers to lose while traders still make profits . But I also think there will never be an easy way to make money just by copying other people's signals. So, I would not consider this a good way nor advise anyone to follow this method to make profits.

Instead of wasting time looking for traders to copy, why don't we do it all ourselves? And if we feel it's too difficult for us, let's find other ways to make money instead of stubbornly pursuing things that aren't right for us . Again, I have never believed that it is possible to make easy money just by copying other people's trades.