Etoro Copy Trader + Proof Payment - 2015

Truly revolutionary, Copy Trader created by eToro has caused quite a commotion! It quite simply offers its users the possibility of copying the trades of the best traders that subscribe to the platform. A revolutionary concept that enables beginner traders to make money fast.

 How Copy Trade works

Thanks to Copy Trader TM, it is now possible to follow the investments of the best traders subscribed to the social network of the broker eToro. This function is offered to all eToro members and has only been launched recently.

For practical reasons, the Copy Trade function has been integrated in the broker’s social network called OpenBook. This social network allows you to see in detail the behaviour of the experienced traders, but also and most important, their performance.

The choice of the trader to follow is left to the user who is able to target their search in accordance with different criteria. Thanks to this tool one can therefore easily profit from the knowledge of experienced traders to gain profits both quicker and more efficiently.

Recently optimised, eToro’s platform allows one to see in detail the strategies implemented by these expert traders, as well as the performance of each of the trades completed.

The choice of the trader to follow is made easier through access to various indicators such as profits, strategies, portfolio composition and risk level.  One simply has to filter the information to find a broker that corresponds with your requirements.

Once the trader has been selected, it is even possible to systematically copy their trades. The function offered by eToro is therefore closer to automatic trading than simple advice. Of course, it is also possible to use the information obtained in an independent manner by integrating it into your own strategies.

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Copy the best traders with eToro!

How to Find Traders to Copy - The Strategy

This is the most important part to making money on eToro. If you copy the wrong traders, you could lose money, but if your careful and follow my tips for finding the right traders, you will be able to profit.

Head on over to the "people" page on eToro. From there you can set the following filters

Timeframe: 1 Year

Choose traders who have been trading for the past year. I set the first filter to 1 year.

Gain: 10-40%

Why not 10-100%? Well this is a mistake many copy traders make. In order to have returns of over 100%, a trader needs to take a lot of risk. Although they may have been sucessful in the past, this strategy won't work in the long run. So always choose traders who are gaining around 20%.

Weeks Active: 80%

You'll want to follow traders who are constantly making new trades. I like to follow traders who are active at least 80% of the year.

Order Traders by Profitable Weeks

This is important! You want the returned results to be ordered by "profitable weeks". So at the top of the table, click the "profitable weeks" heading. If you don't do this, your money could be tied up a trades that don't end up being profitable for weeks even months. The traders who have the most profitable weeks are making frequent small trades.

Other Filters

I don't worry if a trader has a profile picture. So I unselect this.

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Copy the best traders with eToro!

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Copy the best traders with eToro!

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