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Fantastic growth using copy trading? Is it possible?
May 18 at 04:58
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Member Since Feb 04, 2016
1 posts
May 18 at 04:58
I opened first page of top performing signal providers in mql5 and they look amazing with fantastic ROI. My questions are , are those results real ? How about spread , swap fee , etc. Is it included in their trade history in mql5?
Looks very good , and there are some older accounts too that still work amazingly well.On a quick glance seem everyone can get rich just by copy their trades, but is it too good to be true? Is it that easy , just copy old performing traders?
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All is well and getting better :)
May 18 at 05:21
Take a look at their history, see how they trade (martingale or single entry?) Avoid martingale strategies at all cost See their net deposits and withdrawals, most of these traders increase balance whenever there's big drawdown (RED FLAG) Is it using a reputable broker? Most scam brokers can help you manipulate results.
One such example is Quantum Queen. The total deposit is 7.2K while profit is only 3.6K, netting a profit of 50%, instead of the '2062%' as shown. So becareful.
Same for 'MagicGW'.
Additional deposits made too Drawdown 43%
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