Binary options robot auto trading vs etoro social trading


Believe it or not, it is not as easy as it sounds and it does take some strategy. Below is an area where you can search the eToro network for traders. This way you are diversified in two ways. My suggestion is for a copy portfolio to look something like this.

It is impossible to avoid all correlations, the market is intricately entwined, but you can avoid obvious ones. Use the risk controls provided by the platform, they are there for a reason. Take control of your trading and be successful. There is also an advanced filter to make the search even more selective.

For this reason alone it is a smart idea to follow more than one trader but there is still risk in that. If you learn something along the way even better. The next step is to actively copy trade and the above tips can help. There are risk management tools that can be put in place — for example limiting total losses, or the number of losses in a row.

They offer traders the ability to copy other traders, but do not offer binary or digital trades. The last filter is an important consideration. Blindly copying is not the way to go. Take control of your trading and be successful. It is vital these tools are used.

As the biggest social network, they have the largest number of active traders. One platform we can recommend is Signal Hive which was voted best binary options signals provider forand Once you find a list of traders that you are interested in, you can click on them to drill into the detail of their trading — how often they trade, monthly performance and whether they are currently active for example.

Blindly copying is not the way to go. You can also see their current trades. The last filter is an important consideration. Believe it or not, it is not as easy as it sounds and it does take some strategy.

As the biggest social network, they have the largest number of active traders. When this happens its time to rotate them out of your portfolio and rotate in a fresh trader. There are dozens of available platforms, many of them little more than gimmicks to attract traders.