Forex Copy Trading 10 Months Later
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- Опубликовано: 27 ноя 2024
- Axi Forex copy trading can be a great way to make money online provided you use proper risk management and are very careful with selecting the trader you would like to copy.
In this video we look at the main trader I have spoken about on the channel from the very beginning and how they are performing now.
/ profitbossforextrading
Free guide to get started copy trading here:
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Football trading
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*CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
None of the information contained in the video or any video on the Profit Boss channel/website are to be taken as financial advise and you must do your own research before investing in any high risk product.
Thanks for checking out the video. For your free guide on getting started with this click here: www.profitboss.co.uk/axicopytrading
where is your position ? how much were you up?
Hi Chris. Obviously we wouldn't expect you to disclose your finances to thousands of strangers, but it would be nice to know what percentage you are up or down since you started this copying. Is it still working for you? And also if you have left it in the original settings or have you had to adjust anything?
Dude, he's selling his affiliate links. He'snot actually going to risk his own money on this.
If you calculate it, you can find that he is using 0.01 lot for every $8000 he have.
So if you want to be safe, you have to have 8000$ in your equity and trade using 0.01.
That’s my guess
Hi I did try it and it didn’t work out well like you say , because the holy Grail left the pattern long and it wrong way , and I lost a lot of money. And also ask more margin all the time none stop ask . It very wrong.
Hi, sorry to hear this. Yes with any trading it's always a good idea to start small and build up so you have spare funds in case you need them.
@@ProfitBoss hi Chris,do you still follow a shame guy ??
Hi Chris, I did watch this yesterday, and have been meaning to start for a while, but I can't remember if you said what lot sizes you are using? I will watch again this evening to try to find out. Thanks
Hi Jamie, for exact details the best place to check is the free guide I put together for everyone here:
www.profitboss.co.uk/axicopytrading
Thanks
you didnt show how much money you made
only what this trader made
Chris don't forget you will need to pay tax on any profit made during the financial year 👍 what we are doing is not spread betting its classed as an investment and will fall under capital gains tax 👍 just to warn you and your followers
How is this not spread betting? It’s gambling.. which is tax free in the UK?
If I’m wrong, how much tax is to be paid on these gambles?
@@KnowingEve capital gains tax so atm 10%, next year it will be 14%. This is not spread betting because your copying a professional. An example of this is it's like etoro trading. Your following a professional
I recently risked $500 of my savings to copy trade 'The Holy Grail' with an entry price of 0.03. Unfortunately, this trader didn't use stop-loss orders, leading to numerous trades with unrealised losses exceeding $100 each. Despite a declining market, they continued to buy. I was forced to manually close each position, incurring significant losses. If you're considering copy trading, please carefully evaluate your risk tolerance. Past performance is not indicative of future results.
You need around $10,000 at least before copying at 0.03 I would say. Or else you'll go bust for sure.
Are you still copy trading? I'm wondering whether to start too with only 500
Same
@scottstewart3123 Holy Grail has been profitable up until this point, he has not lost money so copiers shouldn't be either.
@@ConorMedlyn26so if I only have 500 should I be on 0.01
Hi Jamie, With a Balance of 2400 euro what would be the ideal setting to match better the performance of holy Grail while Managing well the Risk?
0.01 lot per 2k
Used to be a big fan of this channel but you are doing your members a disservice if you are not disclosing that this is essentially a paid advertisement for what is in effect gambling…… something I recall you were dead against some years ago.
Hi Jim, to confirm. I have not been paid by Axi for this video. I am sharing a way to make money online and mention that it's high risk in the video and even talk about people losing money. At no point do I say its risk free and guaranteed profit like other methods I share on the channel. This isn't for everyone but some people are okay with the risk. Thanks
yea do agree anytime I mentioned anything to do with sports trading or trading e.t.c anything with any kind of risk Chris was dead against it only had interest in no and risk-low risk and advised against any services you had to pay for
I got a question, should I wait to take my profit out when the monthly fee has been charged from my signilar so that way I don’t owe money? or when I go to withdraw will it automatically take some out of it for him/her? Even if its a monthly fee
Hi whats the max leverage you can have on axi spread betting account? Thanks
Chris, I’ve been trying to purchase EWS auto but my purchase attempts were all denied using my credit card. Is there another way to pay for it, not being Clickbank or PayPal?
That max dd is atrocious for a copy bot!!!
Hi what advice would you give us a beginner has 500 pound deposit
0.01 lot per 2k minimum
But ...the DRAWDOWN is SCARY ...+51% ...🤔
Investment should match the EQUITY of the trader to get similar results
How do i withdraw, can deposit with crypto?
Hi, no crypto isn't possible to use I'm afraid. Thanks
I copied a couple , but one of them was doing small constant profit , the lost most of money, so gave up , don't know if it was one of the ones you said though, might try again though
Am I still on time to start copying the Holy Grail?
Hi, well past results aren't a guarantee of future returns but you can see he has been trading very profitably for 18 months now. Thanks
The holy grail is awful in fact most of them are. These so called “professional traders” are trading without a stop loss, literally the dumbest thing you can do. He’s now sitting at over 50% drawdown. Just constantly leaves trades open. Very dangerous trader. AVOID AVOID AVOID.
@@finesoul677yes but hes always in profit no? I checked the history of his trades and most of them close in profit, so whats the issue ?
I should think some new people copying him have lost a few quid with his trades to do with USD/JPY in past couple of weeks 😆
What's your drawdown