Different ways to earn via trading

Discussion in 'Forex' started by Elena21, Feb 7, 2023.

  1. Elena21

    Elena21

    Trading is a popular way to make money in the financial markets. There are many ways to participate in trading, including manual trading, copy trading and signal sharing.

    Manual trading- This involves making your own trading decisions based on market analysis and research. Manual traders use technical and fundamental analysis to make informed trades, and they are in full control of their positions.
    Platforms offering manual trading: Fxview, Tickmill, IC Markets etc.

    Copy trading- It allows a beginner to directly copy the positions taken by another trader. It reduces the time and effort required to make individual trades, and provides a level of diversification for beginners who copy multiple traders.
    Platforms offering copy trading: ZuluTrade, eToro, FXTM, Naga etc.

    Signal Sharing- This is similar to copy trading, but instead of copying trades, you receive trade signals or alerts from experienced traders. You then make your own trading decisions based on these signals.
    Platforms offering signal sharing: Learn2Trade, forexsignals.com etc.

    Each method has its own unique benefits and risks. So, what are your thoughts on this and which method do you prefer?
     
    Nature and murray t turtle like this.
  2. maxinger

    maxinger

    Different ways to earn $$$ via trading

    --->



    Different ways to lose $$$ via trading



    The lazier you are, the more $$$$ you lose from trading


    manual trading

    you spend a little or a huge amount of time.
    suitable for lazy people and very hardworking people.



    copy trading & signal sharing trading

    you spend just a little amount of time.
    This is a good way to deplete your account faster.
    Very suitable for lazy people.
    Platforms offering such trading are :
    ZuluTrade, eToro, FXTM, Naga,
    Learn2Trade, forexsignals.com, etc


    The next Question is :
    "Is there any other trading system for extremely lazy people? "


    Seriously, lazy people should do anything other than trading.

    ___________________________
     
    Last edited: Feb 7, 2023
  3. camera

    camera

    There's also affiliate earning from forex broker, haven't tried that out tho
     
  4. Nobert

    Nobert

    Most of those names above, are bucket shops and any beginner should be very careful when dealing with them.
     
    zghorner and zdreg like this.
  5. Yeah, this.
     
    murray t turtle likes this.
  6. traider

    traider

    U forgot
    pretend to be a pro trader making millions and driving fast cars
    lure subscribers and either front run them
    or sell them trashy coaching videos
     
    Nobert, zghorner and VEGASDESERT like this.
  7. MarkBrown

    MarkBrown

    i like this one:

    be a real pro trader and publish your edge signals on a site for free so people can actually make money, then just slightly front run them. win win....

    downside is the edge will eventually be destroyed
     
    Last edited: Feb 7, 2023
  8. %%
    Copy+ copyCAT trading/investing can work well with work;
    for example, not real time/ but real examples.
    IBD old newspaper[my copy] had CAT +or NVDA........ about$100 some years ago.
    i used round number to make a point+ the EPS was a bit higher/price a bit higher now.
    But its also like Rich Dennis told Jack Schwager ''do your own research''
    My comments only apply to stocks + ETFs, in a trading/investing context.
    Nothings perfect\ i cut real small loss on ING[not a signal share or prediction];
    only reason i used such a tight stop = was unsure of the main trend
     
  9. Can I get more info on what exactly is copy trading?
     
  10. Absolutely! Yes, being an affiliate is one way to earn money I recently started referring clients, and rebates are good.
     
    #10     Feb 10, 2023