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Copytrading

Signals, Copy Trade or Managed Forex?So I've been getting some questions from my followers about when would I recommend either of the 3 over the other? Here I'll explain. == TELEGRAM SIGNALS == So this option is great for learning or micro managing small accounts. Ideal option for hobbyist, students, or part-time traders. == COPY TRADING == This option is great for small accounts as well since many copy trading programs offer a flat fee monthly subscription fee. But you're account shouldn't be so small that it doesn't make sense for the program. For example, if you start with 1000 and the returns are 10% monthly but you have to pay a $50 monthly subscription fee, well you'll only profit $50 after expenses for that program. == MANAGED FOREX ACCOUNTS == This option is best for serious sophisticated investors that understand the potential in Forex trading, as well understand the risks associated with it, and want to reduce risk by allocating small portions to various well designed and proven trading systems or strategies. Now of course you can easily purchase some off-the-shelf EAs but the issue with that is you don't fully understand the strategy or the risks with retail EAs. It's much better to find an expert trader that builds his own EAs and knows how to make adjustments the script throughout the various life-cycles of the market. With most Managed Forex Account programs, the trader's charge a performance fee rather than a flat monthly subscription fee. This means the trader that sells copy trading gets paid regardless if the subscribers make money or not, whereas traders offering MFAs only get paid when investors generate ROI.
by Michael_Harding
1
Buy EURUSDThe EURUSD has fallen this week due to the great strength of the dollar after the new president was elected and against all odds after many revolts in the country. However, this week we expect a slight recovery of the Euro and that it will reach or be around $1.21. Without a doubt we are in a critical moment where it seems that the price is supported by the resistance of the 1.2066, as I always say, we buy but with a relatively close SL since it is a slightly risky operation. Signed by: FxProfitSignals Group
Long
by FxProfitSignals
Buy NZDUSDAfter one shoulder, head, shoulder the NZDUSD has completed this end of the second shoulder over the resistance that of 0.7005-0.7020. After such a continuous fall and after not being able to overcome this resistance we can only expect a price increase of at least a few pips. However, it would have a fenced SL since always in operations of this type, some risk is assumed, it remains to be aware of the macroeconomic calendar to finish knowing for sure the trend, but everything indicates that it will suffer a small correction. I hope this analysis will be of great help to you and any suggestions do not hesitate to let us know Signed by: FxProfitSignals Group
Long
by FxProfitSignals
Buy NZDUSDAfter one shoulder, head, shoulder the NZDUSD has completed this end of the second shoulder over the resistance that of 0.7005-0.7020. After such a continuous fall and after not being able to overcome this resistance we can only expect a price increase of at least a few pips. However, it would have a fenced SL since always in operations of this type, some risk is assumed, it remains to be aware of the macroeconomic calendar to finish knowing for sure the trend, but everything indicates that it will suffer a small correction. I hope this analysis will be of great help to you and any suggestions do not hesitate to let us know Signed by: FxProfitSignals Group Translated with www.DeepL.com (free version)
Long
by FxProfitSignals
Still have momentum, but is it enough? 🆄🅿🅳🅰🆃🅴 🚛🚕 Well I called this to make a 𝙥𝙪𝙡𝙡 𝙗𝙖𝙘𝙠 last week because it needed rest, but as you see the momentum don't care and it just keep flying and we are on 𝟭𝟬𝟬% 𝙜𝙖𝙞𝙣 since 32 days ago 🚀 Someone asked me last week, should I enter the trade now and I say, if I was you I would wait, now I don't hope you sit and think, what a jerk! Because my answer would still be the same today 𝘿𝙊𝙉𝙏 𝘽𝙐𝙔 and wait for an 𝙥𝙪𝙡𝙡 𝙗𝙖𝙘𝙠, this really needs a break ⛔ With that being said, it can 𝙎𝙏𝙄𝙇𝙇 go higher as long as there is good momentum. Trade with care 🙏
HKEX:2333Long
by SimpleinvestMarttin