"Unlock Wealth, Not Fees: Double Your Trading Account Every Month in a Fee-Free Universe!"
Discover the Secrets of Fee-Free Trading and Double Your Capital. How to turn $1,000 into $100,000
Presented by Chris Trader,
Founder, CEO, Coach & Market Analyst at TheTradingMentors.Com.
Chris has been trading for over 30 years, now in his 60's offers his vast experience and an excellent opportunity to use his auto trading software to benefit and profit immediately.
How It Works:
Copy trading, also known as social trading or mirror trading, is a form of trading where investors can automatically replicate the trading activities of experienced and successful traders. In the context of Forex (foreign exchange) trading, here's how copy trading typically works:
Selection of Traders: Investors (or followers) choose experienced and profitable Forex traders they want to follow. These traders are often referred to as signal providers or strategy providers.
Platform Registration: Both the investor and the selected trader need to be registered on a copy trading platform. These platforms act as intermediaries and facilitate the copying process. (The Brokers are regulated and use their trading software to action the trades.)
Allocation of Funds: Investors allocate a certain amount of capital to copy the trades of the selected trader. The amount invested determines the size of the positions opened in the investor's account to replicate the trader's actions. (Brokers are regulated so ONLY the client can access the funds and account, minimum $1,000)
Automatic Replication: Once the investor has chosen a trader and allocated funds, the copy trading platform automatically replicates the selected trader's positions in the investor's account. This includes opening, modifying, and closing trades in real-time. (The software uses the Advanced Pro Charts and risks up to 5% to gain 10-20%)
Proportional Copying: The copying process is typically done in proportion to the size of the investor's account. For example, if the trader opens a position that represents 2% of their account, the same position will be opened in the investor's account with a proportionate amount based on their allocated funds.
Risk Management: Copy trading platforms often provide risk management tools that allow investors to set parameters such as stop-loss orders and take-profit levels. These tools help manage risk and protect the investor's capital. (Typically with a $1,000 account the Stop Loss is 50 pips (£50 to a risk reward of 200-300 pips)
Fees and Performance Fees: Some copy trading platforms charge fees for using their services. Additionally, successful traders may charge performance fees based on the profits generated for their followers. Investors should be aware of these fees when participating in copy trading. (The split is 70/30) When $100,000 is reached this is reviewed)
Continuous Monitoring: Investors need to monitor their accounts regularly, as market conditions and the trading strategies of the selected trader may change. They may also have the option to manually intervene or adjust settings as needed. (As this is regulated only you have access to the balance, so forward a new balance is required each month in order that the the lot size can be adjusted accordingly to compound)
Diversification: Investors can diversify their portfolio by copying multiple traders with different trading strategies. This helps spread risk and reduce dependence on the performance of a single trader.
It's important for investors to thoroughly research and assess the performance, risk profile, and trading strategies of the selected traders before participating in copy trading. Additionally, understanding the functionality and fee structure of the chosen copy trading platform is crucial for making informed investment decisions. (This is a new service, but using very experienced brokers and analysts)
NOT available for Australian or USA residence
The First Steps To Your Success
Open a Trading account
The brokers are Fusion Markets a long established & regulated broker.
Fund Your New Account
Once you have been approved by the broker, fund your account with $1,000 or more. Only you have access to your account, only you can withdraw or add funds (Strictly Regulated)
Disclaimers & Risk Forms
Once your account has been funded, contact us. We shall arrange for the appropriate risk disclaimers and forms to be sent to your email for electronic signature. Upon receipt the trading will go LIVE!