Discussion in 'Newbie Questions' started by indyonline, Oct 6, 2010.
Stay away from etoro. They are among the worst you could possibly trade with.
I'm using zulutrade for quite some time now and i'm very pleased with them , i keep getting my profits , withdraw them and leave the initial investment inside. Easy money without much pain really , had loses as well but winners were above them.
And what do you know..the reviews are even getting worse..
Is Etoro even going to respond to these? SMH
I have done trades my self and also through copy trader all i can say is its a great feature to learn trading while you make profits . the key is to follow many traders at a time so you can learn more and more and also if one trader loses you can cover that loss by other traders
mate, which platform/s are you using?
im on zulutrade, btw.
Sorry but can you expand more on this, I mean on the part about following many traders?
Since a trade will not be a single trade but one of a series of trade, wouldn't it be too tiring to just open positions [mini lots, as you would be following many traders] based on what each trader does? And wouldn't it make more sense to just follow a select few?
It would be great if you can add more info..
I prefer to use MT4. And could anybody tell what difference between zuly and MT. And what is better to use for newbies who have no experience in trading. Thanks mates.
I see that my query remains unanswered yet..maybe someone else will chip in on zulu and copytrader..
before you are pursue your career in trading, have you really learn and check on the site via the forum? If you only based on your friend story, you might lose in trading. try to get as much as possible the information about the forex that you are going to trade with, so that you will not make a hasty decision, and end up with losing all of your money.
The problem in forums is that its really hard to eliminate good advice from not that good... It is like with books. You must read a lot of them before you are able to say which one is good...
I wish you to avoid scam schemes. First of all start with good education. Do not try to trade with real money until you will understand clearly what shows charts to you. After attempting to courses start trade virtually with any demo accounts available from any broker. Do not get any software - try to trade manually so you will better=faster understand the market place and its movements.
I absolutely agree with you. To my mind it is unreasonable to deposit money at once if you don't understand how does it work. It needs time to get experience and feeling of market to earn money. And only I can add it is better to use demo account and live account with one broker. Because of difference of trading conditions. Good luck.
I would mention that even in case of using real and demo accounts from one broker the conditions are different in some key points. For example pschychology.
i've been using Hotforex. I found no problem with it.
FXCm is rarely a very good broker. I used this one. Make sure if you used other broker- check the following things in a broker:
1. Is broker regulated?
4. Other traders' view for broker
Separate names with a comma.