What's the Easiest Way to Trade?

I'm getting interested in copy trading, min... where can I join? how does it work too???

Copy trading is usually done on broker platforms that specifically provide it. As far as I know, the well-known one is on eToro. How to join Copy Trading on the eToro broker is very easy. First, you need to open a trading account, then use the eToro trading platform to search for the trader you want to imitate (copy). If you have found someone to copy, the last step is to determine the amount of capital you allocate as a copier. Hopefully this helps

Can I follow more than 1 trader? Just in case trader 1 experiences a loss, but the other is profitable. Thank you for the clarification.

@Aku Sopo

If you are interested in how to Copy Trade on the eToro broker, you can see the following steps:

1. Registration

Please register on the official Etoro website. Fill in your full name, username, email, password and mobile phone number. Then click the checkmark on the 2 columns below and click Create Account.

2. Registration Verification

eToro requires two proofs to verify our account. Namely proof of identity and proof of address

• Proof of identity such as ID card or driver's license
• Proof of address such as a bank account book, internet payment proof, tax payment proof, other payment proof that shows our address. (if you have a driver's license you can also use it as proof of address)

3. Copying Other Traders with a Virtual/Demo Account

After the account has been created and verified, we continue by looking at the performance of other traders that we want to copy trade. Choose a trader within the eToro platform who has good performance, namely large trading rewards/results but with measured risk. Follow their trading with virtual money before using real money. I suggest following their trading results for 3 months.

4. Seeing the performance of the traders we follow

After 3 months are over, see the trading results of the trader in terms of risk and results. If it is in accordance with your risk considerations, then please make a deposit into your real account to follow the trader using real money.

5. Deposit Real Account at Etoro

Make a deposit into the eToro real account with the options provided by eToro. Deposit options include credit cards, webmoney, neteller, paypal, and bank transfers from Bank BCA, Bank Mandiri, Bank BNI and other banks.

6. Copy trading with a real account

After the deposit is entered into our real account, please reactivate copy trading as has been done in number 3 above, this time with a real account.

Thank You

Is it possible to follow more than one trader? Because maybe trader 1 has a loss, but the other is profitable. Thank you for the advice.

@Abdul: Sure, sir. Each trader has a different trading system, as well as in terms of risk and results. I suggest following more than 3 trading accounts with separate demo/virtual accounts (not one account). The goal is to see the performance of each one in more detail, because if combined the performance will be difficult to separate due to mixed transactions.

From that collection of traders, after 3 months choose 1-3 traders who have the best performance. Invest your money in the best traders there.

Thank you.

The easy way is not to bother with technical and fundamental analysis, etc. that complicates things for you. I trade by calling it LAZY TRADING. 

I place a buy order at every multiple of 10 price points. I play on XAUUSD.

I BUY at 1750. set a target of 1760. if the chart goes down to 1740, then I will BUY again with a target of 1750. and so on. the important thing is to have a lot of capital to withstand the minus. don't set a stop loss. considering that gold prices will not fall too much, it can be assumed that it will only fall to a maximum price of 1500 for example...

So please calculate the minus if many positions are still OPEN. prepare capital to withstand the minus. The chart will of course go up and down. that's for sure. that's where we will reap small profits. for leverage 1:200 you already get 10 dollars each CLOSE, with a lot of 0.01.

For example, your capital is 2000 dollars, if the market is not too extreme, then that should be enough. you can harvest 10-20 dollars per day. even more. if it's a minus, then of course when the chart goes up it will harvest again. you trade for the long term, not for 1 day.

With this method, there will be no transactions CLOSED at a loss. it's no longer gambling. just BREEDING MONEY .... hehe..