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I’m going to tell you why you should copy trade and what you need to know to find a suitable trader to copy.
Copy trading is for people who are interested in trading but may not have time to trade, or for traders who want to ‘earn and learn’ with their own trading.
One – A professional trader can make you solid profits
The whole purpose of trading is to make profit. A professional trader is someone who has spent years working on their trading strategies and trading discipline. They will have gone through the hard work of learning form their mistakes to become consistently profitable.
They will have years of experience trading their specialist markets and will have traded through a large range of market conditions.
Two – You can learn from a professional trader
If you are interested in trading, then you can learn a lot from seeing a professional take trades for you. If the trader is willing to share their strategies, then this allows you to trade like they do. You’ll also have the additional confidence of seeing the strategies work and make money.
Three – This will be year of opportunities
In 2020 there are tensions between the USA and Iran, Brexit, trade wars with China and the US election. Volatility is highly likely. This will present fantastic opportunities to make profits, but there will also be the risk of making losses if you do not know what you are doing.
You need to rely on someone who knows what they are doing and have traded through these types of major political and economic events. This year is not going to be too kind to amateurs.
Four – The performance is beyond usual investments
Think of your bank account with under 1% interest per year. Or perhaps a FTSE tracker. Even then the performance may be poor. Within the time period below, the FTSE lost 0.17%, where as I gained 37.55% for our copy traders.
Five – We have launched a copy trading service
We have been teaching students to trade using our live trade room for years. We now offer copy trading where you can have a professional trader trade for you. If you’d like to find out more then visit our website here or talk to us on WhatsApp or Telegram now.
