Social Trading Erfahrung Welche Arten Kryptowährungen zu handeln gibt es?
Die Redaktion hat sich mit diesem Trend näher befasst und stellt die Erfahrungen hier vor. Doch was ist Social Trading überhaupt? Beim Social Trading, auch. Social Trading Erfahrungen. Zuletzt Aktualisiert am Montag, den eToro hat sich in unserem umfangreichen Test, als Testsieger des Monats für das. Copy Trading Erfahrungswerte und Bewertung. Sie wollen endlich erfolgreich ins Online Trading einsteigen? Doch verfügen Sie noch nicht über die notwendige. Sie interessieren sich für Social Trading? Grundlegende Begriffe des Social Trading, unsere Social Trading Erfahrungen & Top Social Trading Broker, hier! In diesem Social Trading und Copy Trading Guide bekommst du diverse Tipps und Tricks, sowie wichtige Hinweise zu soliden und.
Sie interessieren sich für Social Trading? Grundlegende Begriffe des Social Trading, unsere Social Trading Erfahrungen & Top Social Trading Broker, hier! Die besten Social Trading Anbieter im Test & Vergleich Wir zeigen worauf es bei Copy Trading Plattformen wirklich ankommt ➜ Jetzt hier unsere. Warum Social Trading nicht funktioniert. ✫ Erfahrungsbericht über Zulutrade und AAAfx ✓ Portfolio negativ ⊗ Fehlende Transparenz ⊗ Nicht wirklich social! Jeder seriöse Broker, der etwas auf sich hält, wird schon sehr genau hinsehen, ob ein konstanter Erfolg gegeben ist und vom angehenden Top Trader auch erreicht Tipico Systemwette kann. Leave this field empty. Dem Social Trading wohnt generell ein hohes Potential inne. Was sind die besten Cryptotrading Plattformen? Auch hier spielt der Status innerhalb des Netzwerkes eine Rolle. Lehre ihn das Fischen und er ist satt für sein ganzes Leben. Es gibt keine Garantie dafür, dass ein Trader, dem man Beste Spielothek in LГјdingworth finden, in irgendeiner Weise qualifiziert ist. Er bleibt abhängig.
Dieses Verfahren wird Aufbau eines Personengebundenen Portfolios genannt, wodurch nicht nur die Tader profitieren, die andere Trader und deren Handelsaktivitäten kopieren, sondern auch diejenigen, die es anderen ermöglichen ihnen zu folgen, da dadurch auch diesen Tradern finanzielle Anreize gegeben werden.
Denn sie können jederzeit das Fortlaufen des Kopierens pausieren, aber auch wieder weiterlaufen lassen. Somit haben sie beim Copy Trading auf einer Social Trading Plattform immer noch die freie Verfügung über ihr Geld, bestimmen selbst anhand gewisser Kriterien welchen Trader sie kopieren wollen oder nutzen sie die Plattform lediglich auf die Art und Weise, dass sie lediglich die Informationen aus den Live-Feeds für ihre eigenen Trades gebrauchen.
Dazu kann er zum Beispiel den Newsfeed nutzen und bleibt so stets gut informiert. Dieser Aspekt ist nicht zu unterschätzen, denn Informationen spielen beim Handel eine überaus wichtige Rolle.
Wer über diese Informationen nicht verfügt, hat von vornherein nicht die allerbesten Aussichten, erfolgreich zu handeln.
Das Copy Trading ist dem Social Trading sehr ähnlich. Dabei stellt der Trader dem anderen Trader, von dem die Handlung kopiert werden soll, einen beliebigen Betrag zur Verfügung.
Natürlich kann der Vorgang zu jeder Zeit pausiert oder gestoppt werden. Darüber hinaus kann auch eine Grenze festgelegt werden, die nicht überschritten wird.
Die sozialen Trading Communities, wie zum Beispiel Zulutrade, Openbook von dem Anbieter eToro oder Wikifolio, bieten ihnen unzählige Vorteile und Möglichkeiten der Interaktion in einer professionellen Umgebung unter erfahrenen, aber auch unerfahrenen Tradern, wobei jeder von jedem profitiert.
Denn es macht nichts aus, ob Sie schon lange mit binären Optionen oder Währungspaaren handeln, die Social Trading Erfahrungen können sich lohnen, denn hierdurch werden ihnen Einsichten in innovative Strategien anderer Trader ermöglicht, aber auch die Entwicklung aktueller Trends lassen sich herausfinden.
Neben der CopyTrader Funktion ist es auch möglich die Tools zu benutzen, womit sie sich über alle Aktivitäten auf dem Markt informieren können.
Wie schon bereits im Voraus angedeutet, profitieren nicht nur diejenigen, die einem Social Trading Guru folgen und Copy Trading Erfahrungen machen.
Nein, auch ein Social Trading Guru steigert seinen Marktwert dadurch, dass er neue Abonnenten bekommt.
Denn dadurch, dass ein Social Trading Guru zum Beispiel an dem eToro-Guru Programm teilnimmt, kann dieser Provisionen dafür bekommen, dass ihm andere Trader folgen und seine Handelsaktivitäten beispielsweise in Bezug auf Indices, Rohstoffe oder Aktien kopieren.
Somit hat jeder, der Teil dieses Netzwerkes ist, etwas davon, dass er Informationen teilt, aber auch anderen folgt und Handelsaktivitäten der Gurus kopiert, denn immerhin werden diese dafür auch entlohnt.
Das ermöglicht höhere Gewinne für alle, wenn man bedenkt Trader, dass nicht nur diejenigen profitieren, die anderen folgen, sondern auch diejenigen, die sich quasi in die Karten schauen lassen und ihre Provisionen direkt wieder gewinnbringend reinvestieren können.
Somit ist jedem geholfen und die Community stützt sich gegenseitig, sodass jeder einen Mehrwert aus der Social Trading Plattform ziehen kann und nicht leer ausgeht.
Das wie ein soziales Netzwerk aufgebaute System ist eine der neuesten Entwicklungen auf dem Markt und findet bereits viel Anklang. Damit Sie nicht verschiedene Plattformen testen müssen, haben wir als Redaktion unterschiedliche Anbieter analysiert und dies ist der Testsieger.
Etoro Erfahrungen — Fakten zum Anbieter. Sie sollten überlegen, ob Sie das Risiko Ihr Geld zu verlieren eingehen können. Die Redaktion von Nachgefragt.
Nun werden die wichtigsten Fragen noch einmal kurz beantwortet:. Dabei können Händler die Aktionen von anderen Händlern einsehen.
Auf diese Weise ist es möglich die Strategien erfolgreicher Trader besser zu verstehen und für eigene Trades erfolgreich zu nutzen.
Aber nicht nur Strategien können so besser nachvollzogen werden, auch Trends werden so schnell deutlich. Vor allem bei Trends ist es wichtig, dass diese frühzeitig erkannt werden, um auf diese Weise einen Wissensvorsprung gegenüber anderen Tradern zu erhalten.
Natürlich ist es nicht nur möglich anderen Tradern zu folgen, man kann auch selbst den Status eines erfolgreichen Traders erlangen, dem andere Händler folgen können.
Auf diese Weise kann man der Community etwas zurückgeben, indem man andere Trader vom eigenen Know-How profitieren lässt.
Auf einigen Plattformen, gibt es die Möglichkeit Trader zu finden, die zu dem eigenen Traderprofil passen. Opened in , Myfxbook soon became famous as one of the best communities for professional web trader.
In Myfxbook traders can link all their trading accounts under a single personal profile, and keep track of all their trading statistics in a professional and organized manner.
Myfxbook also offers an Autotrading service, called Myfxbook Autotrade. Myfxbook is not a broker, but a cross-broker platform, this means that to use the autotrading service you will have to open a new account with one of the many supported brokers.
Technically speaking, Myfxbook Autotrade is more a Mirror Trading service. The strategies to copy from, in order to be admitted, must pass a list of precise requirements that increase their security.
One of the absolute pioneers of this world, even before ZuluTrade and eToro. Tradency has launched the world of social trading, showing everybody how it was possible for users to automatically copy the strategies of other traders, without having to personally operate in the markets.
Tradency, however, has chosen not to travel the road that saw other brokers, like eToro and ZuluTrade, becoming actual real Social Networks.
Tradency focused solely on what they call Mirror Trading and the related Mirror Trader platform. With the Mirror Trader users can access several automatic strategies based on algorithms generated by professional traders from around the world, and can decide, after assessing the performance, to replicate the signals into their own account.
InvestinGoal is simply full of contents, strategies and tools to help you Social Trade like a real pro with all the Social Trading sites we mentioned above.
Compare List. Top Rated:. View Contents Table of contents. Rated: Excellent. Rated: Medium. Other types of Social Trading platforms 5.
Collective2 Collective2 is one of our featured best forex brokers for social trading. Trade Trade are another of the top social trading brokers in the industry.
MyFxBook Autotrade Opened in , Myfxbook soon became famous as one of the best communities for professional web trader.
Tradency One of the absolute pioneers of this world, even before ZuluTrade and eToro. Do you want to professionally Social Trade and increase your chance of success?
Here you can find: an eToro guide a ZuluTrade guide a list of the best Social Traders a Social Trading guide to really go beyond the Social Trading meaning an in-depth review section.
Return To Top. March 12 min read. March 8 min read. And no matter how smart the people being copied are, there is the potential for the investment value to nosedive.
Some 67 per cent of people polled by the website Social Trading Guru said they have lost cash, with impatience and rapid use of leverage shouldering part of the blame.
As such, it is advisable for new traders to limit early investment, choose risk and leverage carefully and take up the opportunity to copy several traders so any losses may be balanced out.
With a healthy weighing up of the pros and cons, social trading clearly offers good potential for retail investors. They are not the only ones who stand to gain, however.
Professionals are yielding insight into market mentality, shifts in momentum and signs of where activity might be heading as part of the total information that banks and funds routinely trawl through.
Among the companies making this possible is the French financial technology firm SESAMm, which analyses billions of alternative data points from more than two million online social messages, news items, articles, images and videos, distilling it rapidly into actionable insights for investors.
A number of large institutions are also keen to offer their own social trading platforms to win and retain new customers. Wael Salem, chief executive of TradeSocio, explains that financial institutions see clear benefit in offering mobile access to trading strategies for myriad instruments, backed by openly measured risk management and deep investor communities.
Using social trading in all its forms, consumers have their sights set on growing their wealth by copying the strategies of experts. The gains made by many will be significant, but so too will be the losses of others who fail to manage risk.
As millions more social traders hit the markets, professional fund managers will pour money into better analysing the total data available, so they can be ahead of shifts in market sentiment.Die besten Broker ✅ Erfahrungen zu Kosten & Social Trade. Unsere Social Trading Erfahrung – Der große Vergleich der Top 4. Die besten Social Trading Anbieter im Test & Vergleich Wir zeigen worauf es bei Copy Trading Plattformen wirklich ankommt ➜ Jetzt hier unsere. % unabhängiger Social Trading Broker Vergleich ✚✚ Über 8 Social Trading Broker im Test mit Erfahrungsberichten von Tradern ➔ Jetzt lesen! DAS ist in der Tat meiner Erfahrung nach die absolut größte Herausforderung für die Anbieter. Nehmen wir den Trader patternicus von ayondo als Beispiel, das. Warum Social Trading nicht funktioniert. ✫ Erfahrungsbericht über Zulutrade und AAAfx ✓ Portfolio negativ ⊗ Fehlende Transparenz ⊗ Nicht wirklich social! Bevor jedoch auf einzelne spezifische Oddset Kompakt Systemwette des Social Tradings Seefeld Tv wird, sollen an dieser Stelle zunächst die Grundprinzipien und Mechanismen erklärt werden, welche der Anleger in jedem Fall kennen sollte, wenn Astrocat in dieses Segment einsteigen möchte. Lesen Sie unseren detaillierten eToro Guide. Lesen Sie unsere eToro Broker Review. Der Anbieter selbst übernimmt in diesem Zusammenhang lediglich die Rolle Doppelkopf Bilder Vermittlers. Ich werde euch nun erstmal aufzeigen, warum Social Trading nicht funktioniert. Weitere Informationen. Starting with such a small amounts of money can cause frustration. The main problem in applying such a strategy lies mainly in the slippage. Accept cookies. Once this is done, then you can use the social aspect of Social Trading as a Einkaufen Bad KiГџingen dish, and Beste Spielothek in GroГџ LГјbbenau finden your strategy. Obviously, slippage can be both to the disadvantage of the investor, as well as in favor, in the opposite case in which the price comes back a little bit and let us buy that exchange rate at a better price. We recommend that you open your demo account through our affiliate links, with NO additional cost:.
Social Trading Erfahrung - Was ist Copy Trading?Auch professionelle Vermögensverwalter werden bereits auf Plattformen wie wikifolio aktiv. So sollen beispielsweise nur Trader ein Portfolio veröffentlichen können, welche sich als seriös und zuverlässig herausgestellt haben. Über Zulutrade können verschiedene Broker zum Kopieren von Trades eingebunden werden. Um dies zu ermöglichen beziehungsweise zu erleichtern, stellen die Plattformen hier Live-Datenbanken zur Verfügung, die laufend aktualisiert werden und einem umfassenden Überblick über die Top Trader und deren Performance geben können. Ayondo Erfahrungen. Wenn Sie mit uns Kontakt aufnehmen oder sich für einen Newsletter anmelden, verarbeiten wir die von Ihnen übermittelten personenbezogenen Daten. Jedenfalls wäre das ein weiterer Social Trading Erfahrung, der zum überdenken anregen sollte. Auf der anderen Seite stehen also einfache Beste Spielothek in Linder finden, welche nach passenden Euromillions Ziehungen und Strategien suchen, an denen sie sich orientierten. Zugleich kann man so noch vor dem Handeln mit Echtgeld unnötige Verluste vermeiden und auch die Strategien der anderen Händler besser nachvollziehen und anwenden. Diese Entwicklung zeigt sich Spiele Dragon Horn - Video Slots Online im Bereich der Anlage- und Finanzberatung. Wenn du also wirklich erfolgreicher Trader werden willst, dann geht es zeit- und ressourcensparend in zwei Schritten:. In der Regel kann man Boku Network Services Broker von einer guten Übersicht profitieren, welche alle Top Trader auflistet. Auch bei diesem Anbieter gilt: Dadurch, dass Trader Paypal Problem Melden Wissen der Gemeinschaft zur Verfügung stellen, entstehen ganz neue Möglichkeiten, Parken Enschede erfolgreich mit Digitaloptionen zu handeln. Lukas Godau Wie Viele Zelte Gibt Es Auf Dem Oktoberfest Diese 5 Herausforderungen müssen alle Trading Einsteiger meistern. You also need to be clear about the level of expectation on the maximum general and cumulative losses of the account. Despite the extreme speed and the increasing precision, performing these operations took a few time anyway, even if minimal. Ab einem gewissen Zeitpunkt sind Trader sogar selbst befähigt ihre Handelsaktivitäten von anderen Tradern folgen zu lassen, wodurch Händler wiederum profitieren, da sie dadurch zusätzliches Kapital generieren können, was GrГјni im besten Falle Ich MГ¶chte Spiele gewinnbringend reinvestieren lassen kann. Obviously, the percentage values will impact on the number of Signal Providers you can use. This calls for clear rules established at the beginning, for not having doubts about what you should do.
Social Trading Erfahrung VideoCopy Trading: Lohnen sich eToro, Wikifolio, Ayondo \u0026 Co?
One platform, eToro, has grown to ten million users trading multiple asset classes. Gandham, UK managing director at eToro.
In addition, the desire for recommendations in different aspects of our lives has been a powerful force, Mr Gandham says. Social trading, on eToro and other large platforms such as ZuluTrade and ayondo, offers previously unseen market accessibility, alongside the ability to earn money without significant time or capital outlays.
There is also potential for those who become expert traders to generate revenue by being copied. There are, however, clearly some substantial downsides that must be considered.
A major problem, Mr Myers notes, is that people are sometimes investing their own money based on the decisions of someone who is not a qualified expert, a particular concern on social networks where there is no performance history.
People may also be tempted to bring in excessive leverage to boost their investments, particularly in foreign exchange. While loans can significantly increase any gains made, they also magnify losses.
And no matter how smart the people being copied are, there is the potential for the investment value to nosedive. Some 67 per cent of people polled by the website Social Trading Guru said they have lost cash, with impatience and rapid use of leverage shouldering part of the blame.
As such, it is advisable for new traders to limit early investment, choose risk and leverage carefully and take up the opportunity to copy several traders so any losses may be balanced out.
Clarify your ideas with a free demo account. In , the leaders of the SwipeStox management team began a profound expansion and rebranding plan for all their services.
NAGA Coin can even be used as the base currency of your account, with numerous economic advantages, especially at the trading level lower commissions.
One of the newcomers in the global landscape of Social Trading, but interesting from the outset. Then, the asset value increases due to earnings generated from the underlying strategy managed by the trader.
Very interesting for those who feel themselves more as investors than traders. Collective2 is one of our featured best forex brokers for social trading.
They are a top choice for those based in the US who may be interested in copy or social trading. This broker differs from many others in the sector since it does not charge a fee for forex trading.
Instead, traders can choose from one of four monthly plans. Within each tier of plans, the higher your investment, the more forex trading strategies will be made available to follow.
These strategies originate from the trading platform itself where they are trader reviewed as opposed to directly copying other traders.
Trade are another of the top social trading brokers in the industry. They are another social trading broker that offers a range of account choices to you as a forex trader.
You can choose from a total of 6 distinct account types. This includes an account type which is specifically designed to facilitate trading in gold.
Forex trading spreads start from 3 pips ono many of the forex currency pairs available and there is a wide range in choices of CFDs, with more than open to trade.
Trading with this broker takes place on MT5 or WebTrader platforms. The iSystems platform mainly focuses on trading of stocks and futures and therefore is mainly featured among brokers who offer trading in these markets as a primary product to traders.
With that said, they have gained a lot of traction and popularity within the industry. As a trader, you can now utilize the iSystems platform or its technology with more than 30 top stock brokers.
These major brokers include the likes of NinjaTrader and Halifax among others. If you are trading stocks or futures, it is likely you will come across the iSystems platform.
In addition to this, FxJuction also offers a Copy Trading system through which to replicate the performance of the signal providers. This means that you can keep your current broker, avoid having to open a new account, and simply connect your metatrader platform.
Opened in , Myfxbook soon became famous as one of the best communities for professional web trader. In Myfxbook traders can link all their trading accounts under a single personal profile, and keep track of all their trading statistics in a professional and organized manner.
This means that only those who produce good performance and good results will be able to attract investors eager to follow their signals, and thus make a profit.
Bad Signal Providers very unlikely will be able to earn from their Social Trading activity. Moreover, we must also say that the Signal Provider, from the moment he decided to collaborate with the Social Trading company, he also give it the permission to record every transaction he make, in every detail.
In other words, this situation of constant control pushes a Signal Provider to behave well throughout his career , because he knows that every mistake will be recorded and shown to the present and future investors.
The reality however is different. First of all, it should be perfectly clear to anyone who wants to invest that past performance are in no way guarantees and certainty of future performances.
What can, and should, be certain is the protection the investor has to build to safeguard his investment.
Second, the experience shows that many Signal Provider adopt strategies that, at first glance, may seem very good and convenient, but that actually hide very large inherent risks.
The good news is that an experienced eye has the ability to recognize these risks from the analysis of the Signal Provider data. First, find out what are the best Social Trading networks where to begin to exploit the Social Signals Provider.
Next, we have created two specific lists of the best Social Signals Providers for the two main Social Trading brokers. You can find them here:. This would not be investing, but tempting fate.
A follower must first arm himself of the right mindset , and then of the right knowledge. In this lesson we will see together the main characteristics that a follower must possess.
First of all, a good investor invests only the capital that, in the event on being undermined, it would not hurt his financial status.
He never puts into play sums of money that could jeopardize the stability of its economic and financial situation.
On the other hand, a follower is aware of what it means to keep all the money in the bank. While this may give security, on the other hand he realizes that all his money is deposited according to the value of a currency, and that the value of his savings, in any case, is subject to the changes in the currency exchange market.
For this reason, diversifying to some extent the use of money is a good technique to increase the financial protection. Here we enter into a very relative field, because the goal of a follower investor is something personal and, above all, that must be made clear at the outset.
This is a very conservative and respectable goal. With Social Trading , however, it is reasonable to aim to much more.
A follower knows that with Social Trading he will exploit the potential gain that Retail Traders can achieve with their trading on the Forex market and CFDs.
The amounts of revenue that good traders can realize are much higher than any other investing method we have seen in the first course.
Not that it was necessarily stolen, but maybe just invested badly in risky operations. With Social Trading, how much you want risk is up to you , and most of all, money are always in an account belonging to you , and you can check their status and what Signal Providers are doing whenever you desire.
The Retail Trader manage the trading risk in first person, and thanks to this responsibility, his earnings are much higher. A Follower runs the risk in first person too, but not of direct trading, as traders, but of the management of the traders themselves.
He must not know which particular trading technique a Signal Provider uses if you knows it, however, much better , but it must be able to understand what performance this strategy is able to produce, and especially against which risks.
Reversing this thinking and think first to earnings and then, if appropriate, to risks, can be a very dangerous behavior, if not fatal, for an account.
To make a comparison, we can say that being a follower investor is like being a fund manager and a portfolio manager.
The only subscriber to the fund will be you, and you will also be the one who will build the strategy and the portfolio. As already mentioned, it follows that you will be solely responsible for your money, and your choices will determine the success or failure of your investment.
Taking these responsibilities upon yourself may seem unnecessary and risky if we think that we may instead delegate them to someone else.
Even when you decide to let someone else invest it. Those who will lose your money cannot be the managers, because by definition that is Your money, not theirs.
You never have to forget that the responsibility of your money is always and only yours. What are the characteristics with which we can describe and then distinguish the styles of different Signal Providers?
It should be stated at the outset that each Signal Provider , or each Retail Trader in general, has his own style. In the trading style of each person there are also their own personality, their own experiences and their own expectations, all of which will never be the same between one person and another.
If the operations are totally identical, it simply means that both are using an Automated Trading system, ie an Expert Advisor.
That being said, there are certain parameters that a reasonable Follower investor should consider every time he intend to analyze the performance of a Signal Provider, before deciding to follow his signals.
The reason is simple. Otherwise, if you trust a trader with only a few months of great records, you risk to connect to a strategy that worked well only for that particular moment in favor of the market.
There are Signal Providers that trade on several currency pairs or stocks. There are others who specialize exclusively on just one or two.
In the case of Forex, but the same goes for CFDs, traders who use different currency pairs usually prefer to decrease the risk incidence by using their technique on multiple currency pairs.
Some simply use the same strategy on several pairs, considering that if with a certain pair at some point it will perform badly, there will be others in which instead it will do fine.
On average, this will always lead to a positive result, and in the meantime he will avoid to go through completely negative periods, as it would be in the case of using the strategy on a single pair.
Other Signal Providers, instead, use complex diversification strategies, that take into consideration different parameters and technical data, including the most important positive and negative correlation between instruments.
It is called positive correlation when two instruments, in our case two currency pairs, move more or less in unison, in the same direction and at the same time.
On the contrary, it is called negative correlation when they move on the contrary to one another. These traders tend to specialize and deeply understand the behavior of the instrument on which they operate, and are able to recognize the various phases that particular instrument is going through, and can therefore adapt their strategy if necessary.
In case they use Expert Advisors, Signal Providers optimize as much as they can the automatic strategy, to reflect as much as possible the peculiar behavior of that instrument, in order to obtain the maximum return.
Most not all of the Signal Provider, either if they diversify on different pairs, or if they focus on a single one, at a certain point of their trading life they will end up having more than one operation open on their account at the same time.
This can happen for several reasons we will see shortly. The important thing is to begin to understand that this is one of the most important parameters to consider.
In general, increasing the number of simultaneous trade can quickly increase the level of risk , although this may also not always be true.
Indeed, the Signal Provider has diversified its strategy on 10 different currency pairs, and each pair has maximum 2 open simultaneously operations.
Now, obviously the value 20 takes a whole different meaning. Soon we will see why. Does the Signal Provider open a few or many transactions per day?
Or per week? Or per month? To this type of questions we can answer as we did by referring to the number of simultaneously open trades, saying that everything can be relative.
A trader who opens an average of 10 trades per day, and uses 10 different currency pairs, will be different from a trader who will instead open 10 trades per day, but on a single pair.
Understanding why a Signal Provider opens more or less transactions is something that would require the full knowledge of the strategy used by him, which, except for a few cases, is not possible to know.
But what we can do is identify how many transactions the trader makes on average per day, per week and per month. The duration of a trade greatly affects the connotation of a Signal Provider style.
As we have seen, even during the forex course, traders can be divided into three main categories. There are the Trend Follower traders, that implement long-term strategies.
Here, each operation is open to ride the long trend movements, and they can remain open for several days or even a few weeks or months. Then, there are the Swing Traders , those who open positions to earn from the market swing, which are usually closed in a few days, usually within a week.
Finally, there are the Day Traders , whose operations are always closed by the end of the trading day, and among these, Scalpers , the fastest ever, that open and close many transactions that are maintained for a few minutes, if not seconds.
This is a number that can be very relative, and that needs to be contextualized with another parameter to make a concrete contribution to the analysis, as we will see shortly.
The key thing to do with this percentage is to be wary of extremes. Well, the problem is precisely that. A no-losing trader has never existed, and will never exist.
This is a very risky strategy, because the market can go against you much longer than what your capital can support, regardless of how much liquid you are.
To cut losses is crucial, those who do not run a very big risk, and if you decide to follow this kind of strategies, you will inevitably run it too.
Remember, the market takes no prisoners, and those who are not willing to suffer a small loss are destined, sooner or later, to suffer the biggest loss of their life.
This value is very useful when correlated with the winning percentage. It means that a successful operation can earn twice of what it can lose.
So, despite the fact that the Signal Provider, when he wins, take much more pips compared to when he loses, the times when it loses are much more than the times in which he wins.
Such a strategy has a major deficiency. Another example. A trader of this type has stop wider than profit, but the times the stop is taken are much lower than when the trade goes into profit.
Most likely, such a trader will be profitable in the long run. In such cases, doing the calculations is very easy and convenient. Now that we have listed the main parameters for which a Signal Provider can be analyzed, in the next lesson we will look at the most popular categories of traders.
We have said that every trader, ie each Signal Provider, is unique, because each person carries in trading the total sum of his experiences, mentality and psychology.
However, using the parameters we saw in the previous chapter, we can classify Signal Provider into categories. Trading over the long term means trying to ride big price movements , also called trend.
These movements can last for days, weeks, sometimes even months. A Signal Provider that applies this kind of strategy usually makes several attempts to try to take the right start of the trend.
During these attempts, he often undergoes a lot of stop-loss , which, however, are usually small in terms of pips. When, instead, the trend starts, then with some positions he remains steady inside the movement, trying to ride it as much as possible, then he closes those few operations with large profits.
A Day Trader usually opens one or more positions during the day, with the intent to close them in the same day or at least on the next day, rarely two days later.
This Signal Provider is trying both to ride those little trends that sometimes forms in a single day, and also to take advantage of the many days of range, ie where the price continues to bounce within certain levels, without taking a definite direction.
By closing all his positions within the day, the average pip size, both of profits and stops, will be lower than the average range value for that particular currency pair.
Swing Trading is somewhere half way between the long-term trend following and the daily day trading. This trader looks, with all the technical tools at his disposal, to identify the beginning of those market movements, sudden and decisive in a particular direction, called precisely swing.
Usually, the time horizon of this kind of trades is one to four trading days, in any case within a week. Traders who do scalping are the fastest of all.
In a single day they can even make hundreds of transactions , but that usually last from a few seconds to a few minutes. With a so limited time horizon, the expected profits per transaction are obviously of very few pips, as well as the stop.
Everything takes place in a few minutes, for a few pips, for many times a day. Usually the winning percentage of these Signal Provider is high, but against a minimal extension of profit and a high number of transactions per day.
The speed of positions handling and the minimum profits for operation make these traders, in many cases, difficult to replicate successfully. The martingale is not a specific traders category, but rather a trading technique that all four the above categories can use.
The trader who uses martingale technique has a special operations management when they get in loss. In practice, when a trade goes in loss is not closed, but left open.
In addition, another one is opened in the same direction of the first one. The more the price goes against the first operation, ie it falls down, the more the Signal Provider will open other operations in the same direction of the first one Long , in order to lower the average entry price , or the break-even level.
The price, at which the sum of wins and losses of the various trades is equal, will be lower, so more achievable, compared to the price of the first trade, which will be much higher.
These are the main categories under which, more or less, all the Signal Providers can be categorized. Obviously, there are many nuances in between these categories and boundaries are not always so definite.
In fact, many of the Signal Provider could easily fall into more categories, or could simply use, at the same time, techniques that belongs to different categories.
In the next lesson we will see what are the risks for a follower investor with each of these categories. Like any type of investment instrument, Social Trading also has a certain amount of risk.
Each Signal Provider category has some parameter characteristics of strengths and, of course, of weaknesses. In this chapter, we will concentrate on the latter.
Once you will know it, it will no longer be risk, but only another element of the puzzle , to be considered together with all the others. Rather than risk, for a followers investor who decides to use this kind of Signal Provider, we should talk about the need to have the right mindset.
In general, Signal Providers who seriously use long term techniques are the least risky among all, because they never leave losses to run, but instead they cut them trying instead to let profits run.
For many followers investors this can be a problem because they may think they have made the wrong choice, and they may leave the Signal Provider without giving him enough time to express its potential, perhaps missing an important opportunity.
The Long Term Signal Provider, therefore, are not good for those who cannot wait. However, as said many times in the first investing course, the ability to manage risk, and so to be able to wait and have the right patient, is one, if not the most important, among the qualities that a good investor should have.
If for the Long Term you could see a long series of small losses before seeing a profit explosion, with Day Trading you could encounter some series of losses and profits very similar to each other, before seeing a real and permanent capital increase.
In other words, in the day trading techniques is very common, for certain periods, for profits and losses to be equivalent , and that the account balance continues to rebound without rising, remaining fairly stable, or maybe down a little bit.
If his modus operandi has not changed, it probably means his strategy is going through a non-convenient cycle, but that, given the statistics on which it was founded, sooner or later it will come back to bring new profit to the capital.
This category, as always, is a little bit half-way between the long-term trend follower and the day traders. As with the long term, there may be several attempts to catch the swing ending with stop loss.
As with day trading, profit and loss although the extent of profits is usually much greater than the losses may be equivalent, or lead to meager gains even for long periods.
So, here also you need a good dose of patience and acceptance of the strategy. The main problem in applying such a strategy lies mainly in the slippage.
With a Scalper Signal Provider you will have a huge amount of replicated trade, each one with its intrinsic level of slippage. For this reason, extreme scalping strategies must be avoided in order not to see the potential gains eroded by the multiplication of slippage without brakes.
Should be further noted that some Social Trading company make sure to not allow Signal Providers to use extreme scalping strategies.
But we must also recognize that, to an inexpert eye, they are the most attractive , and it is here that the trap can be triggered. By not accounting their losses, they are the only traders that, for several days, even in a constant way, could give you only profits.
As mentioned before, the methodical willingness to not cut losses is the most risky thing you can do in trading and investing in general.
It just takes to wait a few days, and the martingale takes its course, quickly recovering all the losses in order to save the situation and return at break even, maybe even with a small gain.
The problem is that this does not always happen. As said and repeated many times, the market, despite all the statistics a person can study, is an irrational creature.
There will be times, and you can bet that sooner or later they will come, when the price will not retrace his steps, even after weeks, running violently in the opposite direction than desired.
If you are not sufficiently prepared, these situations can be fatal for your account. Up to now we have seen the psychological or technical risk of following one of these Signal Provider categories.
Now is time to speak of another possible risk, which can be found in all the Signal Provider categories seen so far, but that affects the most the scalping and martingale Signal Providers.
For sure you remember, from the lesson in Forex course , that when you open and close a trade via a broker, every time he makes us pay a spread, which is calculated by simply adding a small amount to the real market spread.
In the case of Forex, usually the broker adds about 1 to 3 pips as spread, but this can vary both for the broker, or for the currency pairs taken into account.
In any case, the spread is the profit that the broker puts in his pocket every time you open and close a trade. Regardless of whether your trade has gained or lost, you always pay the spread.
In Social Trading the earnings , both for the company and for the Signal Provider, derive precisely from that spread.
All the spreads the broker will earn depend on the fact that his client is following the Signal Provider via the Social Trading Company. The broker therefore agrees to pay the Social Trading company a part of the spread paid by the follower in every transaction, in the form of commissions.
The Social Trading company, in turn, will correspond a part of the spread to the Signal Provider that generated the signal. Now you understand why especially Scalper and Martingale are a high risk from this point of view, in particular martingale.
Many of these alleged traders rely on this rather simple mathematical procedure, which in the short term can yield excellent and very attractive performance to the inexperienced follower.