@areebaarooj1108 so you will see your profit/loss in realtime immediately. As the trades happen. Currently my profit has gone up a bit more to 3.01% profit.
@ettienebooysen9301 I just gave a bit of an update on XM Copy Trading on the Casual Cash Club which I know you're a member of 😊. Can take a look there if you'd life. I will do a video update soonish.
Not that I needed a guide for setting up an account, but I was patient enough to watch it. I can recommend it to anyone new to trading and willing to start copy-trading. In half an hour all the important aspects can be learned from this video. And it’s always recommended to be safe than sorry :)
Good guide indeed! One thing to keep an eye on for beginner traders: If you decided to copy trade, don't just go with the trades please, what I mean is, try to learn from them. If you just copy without analyzing, you will not learn anything useful.
The concept of copy trading is actually really simple. I like how he breaks it down and explains all of the advantages of using the xm trading platform. I can tell you for free though, you can still lose money like that, but that is why you need to make use of the risk management tools that they have made available.
Haha, duly noted 😊 This is genuinely something I'm adding to my investing portfolio and wanting to share with people who might want to know more about it 😊. Over 8 days the investment is up 2.2%. So the returns so far are quite good, but obviously we'll have to see how it does over the long term. But if it is sustainable, then I think it could potentially be a high performing investment. Time will tell, but I will keep everyone updated 😊. Always good to know all the options and have all the information possible. If I make or lose money, people have more info on what they want to invest in either way 😊.
I really do have a question. For someone with less than $5,000 to invest, how would you recommend we enter the market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?
I've been trading by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance from my personal financial advisor < Elizabeth Rose>
How is the progress so far? I am looking forward to coping you, How long does it take for one to get good result. It this a monthly basis? or a long term investment? Curious to know so as to limit my expectations.
This video is really packed... I never really used to believe in copy trading, but his portfolio performance is really a compelling argument. Like wow!! Those results are even better than me trading myself, and I have to try it out.
@noctislucis9521 When you copy EA signals, the ratio will be based on your initial investment amount. If you need to increase the number of lots after making a profit, we will confirm and change it. If you need it, we can provide you with free copying, and all profits generated belong to you.
I've been copying a trader with another broker for the past 5 months and I've been making an average of 20% return a month, the worst month he had was -0.49% So a few tips from my experience 1. If your account is not adequately funded I'd suggest you mostly follow scalpers, because swing traders tend to hold trades for longer and this could do serious damage to your small account 2. I'm not sure how xm works but most brokers allow you to adjust risk and copy ratio so be sure to adjust them properly in proportion to your account Happy investing 😊
Well it will be proportional to the amount you invested. If I understand your question correctly. So for the amount the trader uses to open, will be proportional to the amount you invested.
My previous issue with XM was that it does allow withdrawal of profits to the card you used for deposit. It only allowed to withdraw up to the amount deposited on the card, the rest should be withdrawn via other options that seemed complicated. Is it still the case with XM because that was a few years ago.
So it's not my forte necessarily. I don't trade commodities too much. And the reason is because gold is technically more speculation than investment. I do know that the price has of course appreciated over the decades and often it's seen as a safe haven. But I'll be honest when I say I haven't done enough research in gold to give a good answer 😂 I think you may make a profit over the long term, but compred to investing in the market I'm not sure 😄
I've had a good experience so far, and profits are currently at 2.2% over the 8 days I've been invested. So far so good, but we'll see what the results are like over time as well 😊👍
Well i think it's like all things, as long as it's in the right percentages or proportions. For example if you used 1% of your portfolio for riskier assets, in the worst case it won't affect a lot. But if it does well of course it could make a good difference. Like I said the returns seem to be quite good in the low risk sections. Currently mine is sitting on 2.2% after 8 days. So I haven't seen the need to try those yet. Perhaps in moderations. But I'm going to try low risk, and maybe over time experiment with some others 😊 Glad you enjoyed!
So I put in $50 each and it worked perfectly fine 🤔. Are you using the exact ones I used? But try filtering the results like I did by a $50 investment minimum. That should show you all of the options that you can invest $50. Let me know how it goes and perhaps I can help further 😊
Hey, thanks so much! It will stay active until you sell. So it will only trade when the copy trader trades. So as long as the trader keeps trading, it will keep going and keep trading alongside them. And yes, will only stop when you sell 😊🙌
Yes you absolutely can. So just like an EE portfolio, it's possible to add in money each month and build your position in either the same or different copy traders. So totally doable 👍
Indefinitely. It’s completely up to the trader you follow and you have no control over that. If they decide to keep a trade open for a year then your money will be tied up for that long and you cant do anything about it
Hi after seen your video I tried to open an account and register it . After 2 days I received a call from lady asking when I'm going to deposit the money . And she said me email and request me to follow the link . My question is did you also come across with is matter after registering your account
Honestly the results so far have been very good. I am currently up 2.6% and I've been invested around 9 days. So if you take that to a daily rate and multiply it for the year, it's very good. Will have to see over a bit longer of a time period. But so far it's been pretty good 🙌
I know 🙈! I included an old link in a part of the video itself when I show the description on the screen. For accuracy I needed to reupload with the correct one. So sorry, not ideal, I'll own that one 👋😌!
I've had a good experience so far, and profits are currently at 2.2% over the 8 days I've been invested. So far so good, but we'll see what the results are like over time as well 😊👍
Thanks for this. Do you know if you can copy trade using the demo account to test different members to copy? My demo account is selected but when I press "Copy trading" it does not show any account anymore.
So that just means you can make both unlimited profits or unlimited losses 😊. I didn't do a take profit, so it could potentially continue to grow. But a stop loss I like so I don't lose all my money. But if you don't use either, it just means the investment could continue either way to make money or loss money without stopping 😊
As an update: Since investing, my profits from the 2 Copy Traders has gone up from 0.8% to 2.21% ($2.2). That's over 8 days. So far so good.
not bad!
Some nice passive income..looking forward to the updates we'll be getting
1st profit or loss result will be displayed after a week ?
@areebaarooj1108 so you will see your profit/loss in realtime immediately. As the trades happen. Currently my profit has gone up a bit more to 3.01% profit.
Wats the update and latest?
@ettienebooysen9301 I just gave a bit of an update on XM Copy Trading on the Casual Cash Club which I know you're a member of 😊. Can take a look there if you'd life. I will do a video update soonish.
Not that I needed a guide for setting up an account, but I was patient enough to watch it. I can recommend it to anyone new to trading and willing to start copy-trading. In half an hour all the important aspects can be learned from this video. And it’s always recommended to be safe than sorry :)
Good guide indeed!
One thing to keep an eye on for beginner traders:
If you decided to copy trade, don't just go with the trades please, what I mean is, try to learn from them. If you just copy without analyzing, you will not learn anything useful.
Absolutely 🙌
The concept of copy trading is actually really simple. I like how he breaks it down and explains all of the advantages of using the xm trading platform. I can tell you for free though, you can still lose money like that, but that is why you need to make use of the risk management tools that they have made available.
i hope u keep yo integrity because selling out for brokers is the worst
Haha, duly noted 😊 This is genuinely something I'm adding to my investing portfolio and wanting to share with people who might want to know more about it 😊. Over 8 days the investment is up 2.2%. So the returns so far are quite good, but obviously we'll have to see how it does over the long term. But if it is sustainable, then I think it could potentially be a high performing investment. Time will tell, but I will keep everyone updated 😊. Always good to know all the options and have all the information possible. If I make or lose money, people have more info on what they want to invest in either way 😊.
This seems so simple, really user friendly. Can't wait to try😊
how did it go for u so far
Thank you. Your simple tip of checking which trader has the most investors by using the sort function helped..
I really do have a question. For someone with less than $5,000 to invest, how would you recommend we enter the market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?
I've been trading by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance from my personal financial advisor < Elizabeth Rose>
YES!!! That's exactly her name Elizabeth Rose so many people have recommended highly about her and am just starting with her from Brisbane Australia🇭🇲
Legend says "If you don't find a way to make money while you sleep, you are fated to die working" and it turned out to be true.
This sounds so good and I would like to be a party to this, is there any way I can speak with her?
How is the progress so far? I am looking forward to coping you, How long does it take for one to get good result. It this a monthly basis? or a long term investment? Curious to know so as to limit my expectations.
G'day. I notice this video is now 3 months old. Is the copy trading going as you had hoped?
I would love to say that your videos are the best im definitely subscribing ❤
Thank you so much, really glad to have you onboard 😊
Whats the minimum amount i can use to start copy trading ?
This video is really packed... I never really used to believe in copy trading, but his portfolio performance is really a compelling argument. Like wow!! Those results are even better than me trading myself, and I have to try it out.
Thank u very much I'm definitely gona try this one
Amazing!
Thank you for this video and I appreciate the extra information received from comments 🙌🏽 I’m busy doing research before I start my trading journey.
How look for the follow up video showing how those copy trades are doing
i would like to ask if i make.a profit does it automatically reinvested ?
@noctislucis9521 When you copy EA signals, the ratio will be based on your initial investment amount. If you need to increase the number of lots after making a profit, we will confirm and change it. If you need it, we can provide you with free copying, and all profits generated belong to you.
like the video, just curious what happened to the $30? Shouldnt your balance have been $130?
I've been copying a trader with another broker for the past 5 months and I've been making an average of 20% return a month, the worst month he had was -0.49%
So a few tips from my experience
1. If your account is not adequately funded I'd suggest you mostly follow scalpers, because swing traders tend to hold trades for longer and this could do serious damage to your small account
2. I'm not sure how xm works but most brokers allow you to adjust risk and copy ratio so be sure to adjust them properly in proportion to your account
Happy investing 😊
Which platform are you using ? Please share more details
Please which copy platform broker are you using?
Need to contact you
Valuable information, thank you
Whats the best thing to invest in as of now
My personal opinion is property shares 😊
What are the results now?
This looks amazing. Definitely gonna give this a try.
Glad you enjoyed! So far so good, I'll keep you guys updated on the results as time goes by on the channel 😊🙌
You explained it so well that I don't even have a question.
That's amazing, thank you 😊👍
will the opened lot size be the same on our account, can we change the setting?
Well it will be proportional to the amount you invested. If I understand your question correctly. So for the amount the trader uses to open, will be proportional to the amount you invested.
Does this has part 2? I mean update
How is your progress so far? Have you made a follow-up video?
My previous issue with XM was that it does allow withdrawal of profits to the card you used for deposit. It only allowed to withdraw up to the amount deposited on the card, the rest should be withdrawn via other options that seemed complicated. Is it still the case with XM because that was a few years ago.
What is the best starter amount to start copytrading in south africa
Can I use leverage while I do copy trading?
This was so insightful! 😁
Really glad you found it helpful 😌👍
Hi. Do you have an update on your results?
when will you do a follow-up video on this and more investors on this?
I absolutely will, will touch on it in my next portfolio update video 😊
This might be irrelevant but I want to ask do you think its valuabe to buy physical gold ?. I am curious since gold had been dropping in price
So it's not my forte necessarily. I don't trade commodities too much. And the reason is because gold is technically more speculation than investment. I do know that the price has of course appreciated over the decades and often it's seen as a safe haven. But I'll be honest when I say I haven't done enough research in gold to give a good answer 😂 I think you may make a profit over the long term, but compred to investing in the market I'm not sure 😄
Golden answer right there. Thanks Mate happy investing 💰
Definitely something worth looking into.
I've had a good experience so far, and profits are currently at 2.2% over the 8 days I've been invested. So far so good, but we'll see what the results are like over time as well 😊👍
Awesome! If you use a small percentage of your portfolio, what do you think about using some of the higher risk higher rewards? Thanks for the video!
Well i think it's like all things, as long as it's in the right percentages or proportions. For example if you used 1% of your portfolio for riskier assets, in the worst case it won't affect a lot. But if it does well of course it could make a good difference. Like I said the returns seem to be quite good in the low risk sections. Currently mine is sitting on 2.2% after 8 days. So I haven't seen the need to try those yet. Perhaps in moderations. But I'm going to try low risk, and maybe over time experiment with some others 😊 Glad you enjoyed!
@@CasualCashYeah that makes sense! Start of slow and test it out. Cool, let me take a look and see where to maybe start. Thanks!
The compounding effect could get crazy.
Can you still make deposits into the copy trading account?
How do you know that you are making profit when the trader trades?
What are the results right now?
Hey buddy any how does the copy trading look after 4 months.....iam curious
I put in 53 dollars and tried on both but it says there is not enough equity. How much must I have in the account to cover that for just one of them?
So I put in $50 each and it worked perfectly fine 🤔. Are you using the exact ones I used?
But try filtering the results like I did by a $50 investment minimum. That should show you all of the options that you can invest $50.
Let me know how it goes and perhaps I can help further 😊
How much the broker takes of profit after withdrawal?
That seems so simple, really user friendly!
It's been a very good user experience. I've quite enjoyed their platform compared to some others 😊🙌
Hi thx for the great videos. Just a question. Once u copy a trade, does it stay active till u sell? Or is there a time frame?
Hey, thanks so much! It will stay active until you sell. So it will only trade when the copy trader trades. So as long as the trader keeps trading, it will keep going and keep trading alongside them. And yes, will only stop when you sell 😊🙌
@@CasualCash Does that mean the trade with stay active even with the trader I have copied from closes his trade?
Once the trade is closed by the trader, it closes on your account as well 😊
Can I make a passive income here
Yes you absolutely can 😊
Can you keep depositing money into the copy trading account e.g. monthly?
Yes you absolutely can. So just like an EE portfolio, it's possible to add in money each month and build your position in either the same or different copy traders. So totally doable 👍
my master trader portfolio investment is increasing, but no orders in my portfolio can you please help why is it so?
Will trades be copied if u are not online??
Yes they are 😊. Offline or online.
I tried it and lost in one day. not sure if the Stop-loss was such a good Idea. Anyway. Now I have $24 and cant copy anyone
How long can a copy trading take to complete
Indefinitely. It’s completely up to the trader you follow and you have no control over that. If they decide to keep a trade open for a year then your money will be tied up for that long and you cant do anything about it
Your channel was exactly what I was looking for👏🏾👏🏾👏🏾!!
Amazing video. How far awe we looking now?
Hi after seen your video I tried to open an account and register it . After 2 days I received a call from lady asking when I'm going to deposit the money . And she said me email and request me to follow the link . My question is did you also come across with is matter after registering your account
Please run away from this people, your money will be lost.
No United States drop down when registering
Please ...Can you update your results ..Thanks 👍
How u finding the results so far?
Honestly the results so far have been very good. I am currently up 2.6% and I've been invested around 9 days. So if you take that to a daily rate and multiply it for the year, it's very good. Will have to see over a bit longer of a time period. But so far it's been pretty good 🙌
I wanna know the profits after 5 months
I will be doing an update video soon 😊
Please on your next video
Can you show us how to input a signal trade on XM eg gold trade please 🙏🏿
Same video uploaded twice? 🤔..what happened to the other?
I know 🙈! I included an old link in a part of the video itself when I show the description on the screen. For accuracy I needed to reupload with the correct one. So sorry, not ideal, I'll own that one 👋😌!
@@CasualCash ohh okay thanks!
This is definitely something I am gonna try!
I've had a good experience so far, and profits are currently at 2.2% over the 8 days I've been invested. So far so good, but we'll see what the results are like over time as well 😊👍
Hows things doing now?
the actual video starts at 7:50
😂😂 fair
What is a drawdown?
@ettienebooysen9301 If you need to copy a signal, check out my history
Thanks for this.
Do you know if you can copy trade using the demo account to test different members to copy?
My demo account is selected but when I press "Copy trading" it does not show any account anymore.
whats all this questions XM ask for ?
How the results so far?
@ettienebooysen9301 If you need to copy a signal, check out my history
Let us know the results.
I'm interested in copy trading
What if i dont use " Take Profit " and "Stop loss " ?
So that just means you can make both unlimited profits or unlimited losses 😊. I didn't do a take profit, so it could potentially continue to grow. But a stop loss I like so I don't lose all my money. But if you don't use either, it just means the investment could continue either way to make money or loss money without stopping 😊
🤔🤔🤔.... Interesting....
Hope you don't mind a copy/paste CC😅
I don’t know how to take my money from investors account to real account 😭
Are these AI traders or real traders?
They are real traders, but some of them use AI strategies 😊
i hope it works well.
where are the results?
Take a look in the comments for the latest. And will continue to report as time goes on 😊
Thanks Chris
I wornt xm help