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PAMM Trading? Copy trading? Staying Cautious?

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Many traders provide nitip trading services.
With that service, Example:
  • we are asked to put our money in someone's trading account, then we leave it completely to the trader in the hope of profiting from the profit he gets.
  • Or maybe we're still not good at trading, we're too lazy to learn and practice, so we cheat on other people's trading methods to imitate exactly, (the point is we have to study hard so we can be good at trading like a BANK trader.
For me, the two things above can not be thumbs up. If it is forced, we have to do it, please choose which trader you rely on. must be careful, because this concerns our personal money! It's okay if the trading makes a profit. But remember, the risk in the forex world is huge; what if you lose? It's ridiculous when you suffer a loss caused by someone else; if the loss is not your own fault... it is not only annoying, but also cannot build our character in our own personal finances. It's not hard to trade on your own. What is difficult is to fight our laziness or our fear. If we can overcome those feelings, we will definitely move forward. If you don't feel like having a demo account, you can open a real account with only $15 for a micro account, so we don't lose too much capital in our learning stage.
Conclusion
However, this does not mean that nitip trades are not at all good. If indeed we believe in whom to trade
You leave it, or from whom we are waiting for a signal, no problem. Just being careful in everything has nothing to lose.



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#1 - September 13, 2022, 02:39:28 AM

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I prefer to trade alone because I have a bad experience when I copy trade
#2 - October 26, 2022, 10:14:18 AM

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If we have good trading skills we can use this
#3 - November 15, 2022, 07:49:35 AM

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I prefer the current Forex Copy Trading
#4 - November 17, 2022, 04:50:24 AM

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PAMM and Copy Trading is a very useful feature for traders who have potential or have very good skills but cannot develop because they do not have large capital
#5 - December 06, 2022, 01:10:07 PM

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PAMM trading is a form of managed Forex investment where an experienced trader manages funds on behalf of investors. Copy trading involves copying the trades of successful traders. It's important to stay cautious when investing in Forex, as it can be risky. Always do your research and only invest what you can afford to lose. Consider diversifying your portfolio and using risk management tools such as stop-loss orders. Remember that there is no guaranteed profit in Forex trading, and past performance is not always indicative of future results.
#6 - March 02, 2023, 01:44:23 PM

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