How does copy trading work?

Inhaltsverzeichnis:

1. How does copy trading work?
2. Can copy trading make you rich?
3. Is copy trading good?
4. How do you copy a trade?
5. Can you really make a lot of money from eToro just by copying the best traders?
6. Where can I copy a trade?

How does copy trading work?

Copy trading allows you to directly copy the positions taken by another trader. You decide the amount you wish to invest and simply copy everything they do automatically in real-time – when that trader makes a trade, your account will make that same trade as well.

Can copy trading make you rich?

The short answer to whether you can make money by copy trading, is: Yes. The top 50 traders eToro has an average yearly profit of 29.1%*. However, you have to make sure that you're following the right person so that your copied trades become successful.

Is copy trading good?

Copy trading is just one way to automate your investment strategy. It takes the guesswork out of choosing where to invest your money. However, it may work better for some investors than others. Knowing the risks and reward potential can help you decide whether copy trading is a strategy you should adopt.

How do you copy a trade?

How to copy traders on eToro

1. Choose a trader. Search for traders by performance, assets, risk score, and more.
2. Set an amount. Choose a total amount for the copy — the proportions are calculated automatically.
3. Click Copy. Click the “Copy” button to start automatically copying the trader's positions.

Can you really make a lot of money from eToro just by copying the best traders?

You can earn a lot of money when you use copy trading on eToro. However, it all depends on how much you invest in the program. Let's say that you chose a trader who has been earning 10% per year consistently, year after year. While there is no guarantee that he will earn 10% this year, he likely will.

Where can I copy a trade?

• 1) Etoro.
• 2) PrimeXBT Copy trading.
• 3) AvaTrade.
• 4) Naga.
• 5) FXTM.
• 6) ZuluTrade.

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