How to choose a platform, can copying or calling orders really make money?

How to choose a platform? Can I make money by copying orders?

I think it can be broken down into several questions​.

First, how to choose a platform, what is the core problem? Earned money can be withdrawn.

After understanding the core needs, the secondary needs are how to ensure that money can be produced.

Look at all aspects of the platform's regulatory qualifications and word-of-mouth. But the formal platform only provides some fundamental data, and will not call for orders or let you do it with 100% certainty of profit. At most, it provides a medium, a community-based thing for you to communicate by yourself.

Can copying and calling orders make money?

Let's disassemble two identities in this question, one is an agent and the other is a customer.

Agents can definitely make money. I’ve seen the most exaggerated ones on the market. A week’s commission to mention a top-equipped Tesla SUV should have been more than 160 W.

Mature merchandising community bosses now earn hundreds of thousands of dollars a month.

What they operate is traffic community-based things.

The customer depends on the cycle. Is the strategy you choose just in the profitable time period? It also depends on yourself, whether you really understand the calculation methods of some funds, such as the Sharpe ratio, standard deviation, maximum retracement rate, and so on.

After all, you don’t care about your own money, so what do you expect to make money​

There are 2 ways to make money in foreign exchange trading:

1. Rely on yourself, learn to develop your own independent trading ability.

2. Relying on others, there are two ways of documentary and asset management

Many foreign exchange traders have a misunderstanding, just like many people asked me, how much money can I make if I follow you? Why is this a misunderstanding, because if it is a copy, the trading strategy idea is from the trader to the trader, time constraints, space constraints, and mentality constraints, it is difficult to implement it in place in reality. If it is said that for a trader, a 70% winning rate can make a profit, it may take an 80% or even 90...% winning rate for a copy trader to make a profit. This is very difficult.

Relying on other people's words for asset management is a better choice. This can overcome some defects of documentary.

In the development of the industry, it is actually difficult for merchandising to exist independently. Because of the above reasons, if you want to rely on others to make money, you will go to asset management. Many community organizations call for orders, and most of the time it is not directly making money, but a verification of strength, or training training.

The Asa community will also call out orders every day, providing 1-3 strategies, as mentioned above, it is more of a training for traders. Learning one's own ability to analyze the system is a life-long benefit.

If I can't make money, what's the use of asking for your money to copy orders?

If I can make money, do I still need your money?

Therefore, it is basically impossible to make money by copying orders. You know. ​

After looking at it, except for the second and third floors, which are more detailed, others may say that it is too simple. Let me add some suggestions.

First of all, let’s talk about the choice and risks of foreign exchange platforms.

Choosing a foreign exchange platform is actually relatively simple. It depends on the establishment time (the longer it is, the more stable it is) and the supervision (you don’t need to consider if you open an account with NFA, FCA, or ASIC. These supervisions are now low-leverage, and they are not accepted. Offshore customers, basically Asian users are now under the supervision of offshore island countries, such as Malta, Cyprus, BVI, etc. I will not go into details one by one), whether the deposit and withdrawal method supports wire transfer, whether there is a segregated account for the length of time, etc. (the time is not The shorter the better, because it is more troublesome for wire transfers to enter our country, usually it will take at least one day, if the withdrawal time is too fast, the funds may be in the country), whether it has been recognized by large financial media, whether it is in line with internationally renowned Enterprises or institutions have cooperation and so on.

If the above requirements are met, there is basically no risk. Next, you need to consider the trading environment. Whether it is frequent slippage (occasional slippage is normal), chucking, disconnection, etc., the spread is moderate, and it is not very good if it is too high or too low (this involves the sensitivity of some traders, so I won’t go into details. Vulnerable to attacks), the tools and services provided by the platform, and some platforms have purchased insurance, which is better (except for the Tianyan insurance fund, which has no effect at all. If there is a problem with the platform, the advertisement will be withdrawn immediately). It is best to go over the wall to inquire about the above.

As for EA, it is algorithmic trading. It eliminates artificial unfavorable factors and is increasingly recognized by major exchanges and institutions. In layman's terms, algorithmic trading is to write the personal trading system into execution by writing the underlying data, and human intervention is still required, because when the market changes or there is major fundamental news, the written program will not be able to distinguish, here is Human intervention is required.

To emphasize, there is no one-size-fits-all EA. There may be some EA editors, the author can use it to make money, but others can't, and many of them are even used to deceive people.

The documentary system is also called mirror trading, order copying, etc.

Copying is a better way. When your technology is immature, you can profit by following mature traders in the market.

But where is the risk?

Orders can be followed on the same server or across servers. The former is okay, but the latter has some risks of losing orders and following exceptions.

Follow the authenticity of the signal. The signal is done in a formal large-scale trader, so the authenticity will be guaranteed, otherwise there may be a risk of false signals deceiving commissions or subscription fees. Even the issue of scamming with fake signals like PT etc.

Due to space limitations, that's all. I hope to be helpful.

1. First of all, regarding how to choose a foreign exchange platform, everyone has different concerns and focuses. but! Remember to avoid black platforms! ! ! Therefore, the following points must be recorded in your notebook, and you should take a look before choosing a platform:

1. Accept supervision

Usually, a compliant foreign exchange trading platform will mark on its official website which country's regulatory agency it is regulated by and its member number. You can also go to the official website of the regulatory agency to check the relevant member names and information. Due to concerns about the safety of your funds and the integrity of your broker, you should only open accounts with properly regulated firms.

Common regulators:

①National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC)

②UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA)

③ Australian Securities and Investments Commission (ASIC)

④Swiss Financial Market Supervisory Authority (Finma)

⑤Hong Kong Securities and Futures Regulatory Number (SFC)

⑥ European Securities and Markets Authority (ESMA)

2. Deposit and withdrawal speed

​​Excellent foreign exchange brokers will provide a convenient deposit and withdrawal system. If it is a compliant broker, it will generally try to provide a convenient and fast deposit and withdrawal system. After all, they still rely on this to make money~

If you come across a platform where deposits are normal but withdrawals are extremely slow, it is better to be careful, because this is an obvious sign before many black platforms run away, so hurry up and run away with your wallet!

3. Customer service

The foreign exchange market is trading 24 hours a day. Therefore, customer service must be available at any time. Only humanized customer service can provide a good user experience. Customer service response speed and service quality can also prove the reputation of a foreign exchange broker. strength.

If there is a problem with the platform and you can’t even find the customer service staff, how can you trust them to hand over the money?

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2. Finally, on the issue of calling orders:

Calling orders has existed in the market for nearly 5 years, and it has become a common phenomenon. We may not be able to veto the rationality of its existence, but one thing is certain, that is, any foreign exchange call order cannot guarantee 100% Hundreds of profits, and at the same time, the foreign exchange caller will not bear any responsibility.

Therefore, for foreign exchange orders, we cannot absolutely judge whether he is good or bad. We still hope that traders can treat it rationally and cautiously. Based on personal experience and accumulation, we can slowly find a profit model that suits us. Learning, more simulations, more observations, more study of technology, steady and steady progress, and long-term profitability are the right way. After all, with substantial technology and knowledge, you can stand upright and make big money with confidence~

I think that the way of calling orders, first of all, the accuracy rate is not guaranteed to you, and secondly, you can also choose to copy orders, but you must first understand what the income of the signal source you choose is, if the signal source is not selected If it is good, the effect of copying the order will not be very good. In the foreign exchange platform you choose, first of all, you don’t need to consider new platforms or small platforms that you have never heard of. Many of them are also black platforms. Personally, I suggest not to think about it. First of all, you should choose a guaranteed platform, preferably a large platform. Such deposits and withdrawals are guaranteed, and those with too much leverage do not need to be considered at all. They are pure deposits. the kind that can't come out

For foreign exchange platforms, the safety of funds is the most important.

Whether it is copying orders or calling orders, no matter how much profit you make, it is true that you have to keep your position light.

How to choose a foreign exchange platform? emm... use a lyric to temporarily reply: who asked the question so difficult, all the answers are correct.

The general environment of the entire industry is getting worse and worse. To be honest, this problem is becoming more and more complicated now. You will find that people with different roles in the industry (platform investment customer service, agents, asset management, customers) have opinions about choosing a platform. Also different. The following latitudes can be provided for reference: supervision, reputation, complaints, deposits and withdrawals, spreads, real word-of-mouth, background strength, and commercial promotion.

Here I want to focus on the question of whether calling orders and copying orders can make money. First of all, let’s talk about calling orders. You need to know that formal, compliant, safe and reliable foreign exchange dealers (platforms) do not have any order calling services, even if IG is very good in investor education (it has its own financial website) ), I think MBG/MEX (daily technical analysis) is relatively good, at most, there are detailed technical analysis and order ideas in the daily exchange review for investors' reference, but they are not direct call services. If the platform officially provides you with billing services, it must be a false propaganda or a black platform. Please carefully understand the formality and reliability of the platform. Usually, billing services are agents or so-called account managers. More commissions may be provided to customers as a value-added service. As for the accuracy of the effect, you need to distinguish it yourself with real money. The amazing data posted on the top list are only historical data, and the authenticity needs to be questioned. In many cases, it is just a gimmick. Investors should not take it too seriously. Of course, there are also very good billing services. I just want to say that it is rare. In addition, there are still position-versus-gambling platforms in the industry. Sometimes the order service out of good intentions is actually to cut leeks, first let you make a small amount of money, and then stimulate investors to increase funds, and finally lose all, and the game is over.

Copy order service, if it is not a copy order on the platform, is actually similar to calling orders, and it is also for the handling fee, but you don’t need to manually place an order to match the order, the system will help you complete it, if it is not credible, this This kind is actually more terrifying, confirming the sentence, taking the money from the customer's pocket 💰 into your own pocket. There are also several trading community platforms that have done well in the industry, such as EToro and Darwin, which are relatively large. The platform itself provides copying services, and the followers are real real-name investors, and the platform license supervision It is complete, and you can still try it out. The security of the platform is no problem. The key is to find a signal that is relatively stable, with capital volume, trading style, and risk preference that suit you.

Now there are many so-called up-and-comers in the industry. Under the banner of low-risk and high-return, they actually do capital trading. This must be careful. For example, PTFX Puton, which has actually run away, is a typical example. How many middle-class investors The family is bankrupt, and there are still many such funds in operation in China. There are also many copying communities in Thunderbolt. Some copy orders for free and some require membership fees. Compared with expensive or reliable ones, you still need to go to the trial market for details. study.

In the end, I want to say that you only need to open an account and invest money. You don’t need to know technology yourself, and you don’t need to spend time learning. You can mechanically place orders, whether you are calling orders or copying orders, and you can easily earn thousands or even tens of thousands of dollars a month. Good thing, only the pie from the sky, can it fall down and be picked up by yourself, I advise you to be sober, don't take chances easily!

You can make money by copying orders, and you can also call orders, but the risk of calling orders is relatively greater than your own control.

Only choose old platforms that are formally supervised, not new platforms. Furthermore, it is best to make deposits and withdrawals more convenient, and it doesn’t matter if the spread is high, as long as it is not too high, as long as you are not trading orders, the small spread will not affect your transaction success or failure at all.

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If you can find a truly capable trader, you can definitely follow the order. The key is, do you have the ability to judge who is a real master and who is a liar? ​The water is very deep here, and only those who really understand can see it The truth, the rookie can't see it. Of course, rich masters are probably not interested in calling orders, unless they are in the initial stage and are in urgent need of funds.

Both copying and shouting are extremely irresponsible. I have skills, and I am convinced whether I win or lose. EA intelligent trading system, shock + trend, daily income is expected to be 50-200 US dollars, free experience

There are many foreign exchange platforms, and China does not allow speculation in foreign exchange, so China's foreign exchange platforms are basically liars. And those foreign platforms are not all formal. If you choose a foreign exchange platform, you should choose a supervised one. But I think the supervision is just to give you some psychological comfort? If something really happens, it is basically impossible to defend your rights. I admit that I am unlucky.

As for memorizing orders and calling orders, there are two types of people who will memorize orders. One is pure white, who doesn’t understand at all, just listens to other people’s fooling around, and then feels that memorizing orders is like picking up money, so they will follow orders. It’s a loser who has no temper at all. No matter what he does, he will lose money, so he thought about choosing a master with a higher profit rate to follow the order. It’s a bit too much to say that the master is not invincible, but his own. The risk control is done well, and the profit-loss ratio is good. If you are lucky in copying orders, if you meet the big master you are copying, if you have a good hand during that time, and if your funds are large enough, you can still make money. The funds of the masters are generally relatively large. The retracement can basically have the same profit-loss ratio as the master.

Orders are generally from some black platforms, which make you a small profit at the beginning, and when your funds increase, they can operate at will to make you liquidate, or some so-called teachers and experts who fool small white money will also call orders. If you call it right, you can send him a red envelope, or call a bill for a fee. If you call it wrong, it will be called a normal callback.

Anyway, if you can fool Xiaobai with the call list, you can still make money. More formal platforms or educational institutions only provide analysis. Will not shout orders.

As far as I know, there are two types, one is to make money from commissions, and the other is to make money from loss-making customers.

Taking commission is to use other people's funds to speculate in foreign exchange for others to get a commission, and making money from losses is to get money based on the percentage of the customer's loss on the platform. If the customer investor makes money through the platform, it will be deducted from your salary.

If it's the former, you can do whatever you want, but the latter's approach is simply devoid of conscience.

Okay, don't follow the kind of people who post orders every day. It mainly includes the analysis and point operation based on actual evidence. Choose a larger platform, don't save a few points. wool comes from sheep

Needless to say, copying orders and shouting orders, think with your feet, or push back, who in the financial market can guarantee that you will make money without losing money, and even banks can’t do things, so why bother again and again! The choice of platform, the foreign exchange market has already been divided into three parts of the world. What it was ten years ago will be what it will be ten years later. No one can suddenly claim to be a well-known broker or rank high. These are accumulated over the years. !

How to choose a foreign exchange platform, I have already answered related questions in the previous question and answer, you can review it for reference. As for whether copying or shouting can make money, it depends on who you are following. Personally, I also despise the kind of trading that only distributes profits and does not distribute losses. A small profit of a few dollars is like making a huge fortune, and the losses are not mentioned at all. Personally, I call for orders. For many friends who copy orders, I only present 100% of the truth. How much profit and loss are, all of which are released one by one. Follow the order and cycle. Profit can be realized within the cycle, and the profit can reach the standard. Understand People see and understand things, and people who understand understand things do understand things

Choose the old platform, there is no 100% sustainable, the old platform is at least a little more stable

The real foreign exchange platform does not call orders and does not follow orders

How to choose a foreign exchange platform depends on the benevolent and the wise, but the principles still need to be followed: 1. Accept supervision (Forex Eye and Foreign Exchange 110 are still of reference significance) 2. Speed ​​of deposit and withdrawal; 3. Transaction costs and transaction environment (currently costs are all It’s too transparent, you can easily go to the official website of the platform to consult the customer service to understand that the trading environment needs to be measured by yourself, or you can refer to online comments); moreover, can copying or calling orders make money? Personally, I think that those who are single special bulls definitely have no time to call for orders, and it is impossible for others to copy orders. Even if there are profit dividends, they will not receive funds, because for them, the money in the market is enough .

When choosing a foreign exchange platform, I think it depends on the year and regulation first. Then see if there is a third party to provide your financial protection, such as a group such as the Financial Commission. Then look at the time it takes to deposit and withdraw funds. Normally, it will not exceed 3 days, at least like the Mtrading I use, the money will be received within 24 hours.

I will not comment on copying orders, because someone will still make money from it.