Copy trading is a social experience that allows beginners or those not comfortable trading in the market to copy the positions of leading traders and potentially gain an income.
While copy trading may seem as simple as imitating the trades of top investors and applying them to one’s account, it requires risk and trader assessment. Risk assessment involves monitoring how much capital an investor can afford to lose. Copy traders may limit their accounts to a percentage or a specific amount.
With trader interviewing, copiers explore their trading candidates’ performance and strategies. A copier’s goal is to earn an income, not lose money, so the master trader should have a successful trading experience, credibility in the trading market, and risk management strategies.
WeMasterTrade is a leading trading platform that gives its investors trading power. As a member of the WeCopyTrade service, it is also the platform’s prop firm. Traders use the WeMasterTrade facility to open and close positions and try to earn a profit. Beginners can also utilize WeMasterTrade to delve into investments with risk-free demo accounts.
Using real accounts, these master traders have demonstrated their expertise at WeMasterTrade to earn a payout and a significant return on investment:
- TradingSCapital – $148,388.31 (87%)
- Nhan Nguyen – $113,319.24 (103%)
- Yakuza_Invest – $59,062.87 (6%)
- TRADE HUB Low Risk – $46,064.66 (203%)
- TRADE HUB – $41,955.93 (204%)
- FerryMan_Lite – $15,039.10 (7%)
- Fin_Hunter – $7,896.58 (16%)
WeCopyTrade delivers automated copy trading services to its members, connecting master traders with their copiers. It provides tools for:
- Analyzing experienced traders’ track records,
- Assessing trading results
- Building investment knowledge, including positions and strategies.
The platform offers daily payouts, with an average payout time of three hours, so investors can quickly access their money.
This Week’s Payout Winners:
- Sen Samnang (Cambodia) – $10,258.15
- Huy Nguyen (Vietnam) – $12,549.30
- Zul Fikri (Malaysia) – $10,214.12
- Heru Nugroho (Indonesia) – $9,733.40
- Blake Hill (Australia) – $9,766.35
- Jack Bouchard (Canada) – $8,544.11
- Wutthichai Phromwong (Thailand) – $10,514.80
About the Author
Nathan Creed is a financial advisor for residential and commercial clients. He gives them the most effective strategies for managing money, creating budgets, and tracking expenses.
