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watch out with etoro autocopier, it may destroy your account

Discussion in 'Making Money' started by neutralhatter, May 20, 2012.

  1. neutralhatter

    neutralhatter Jr. VIP Jr. VIP Premium Member

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    When you look at this platform it looks to good to be true and in the beginning it really works;..


    like the title says... I'm looking in to this.. , when using etoro autocopier and following guru's with 100% win rate... you must think that you can't loose.... wrong!!

    When a guru places a percentage of an amount on a trade you will follow automatically but when the guru wins, the guru receives more because for each copier he gets a percentage, that way you're trading percentages will not be the same and you will automatically stop following when you run out of balance....
    Also guru's regularely remove money from their account wich also makes you have a different percentage allocated as them..

    manually copytrading per trade looks to be having a better success rate or if you must, only follow guru's who never cross 70% allocation of their account...But no one can guarantee you that...
     
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  2. Jaanx

    Jaanx Newbie

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    Wow, thanks for the heads up man. I was actually thinking of investing $1000 for the autocopying process on eToro. Now i know the reason why people don't always use the copying system and just copy the old fashioned way.
     
  3. neutralhatter

    neutralhatter Jr. VIP Jr. VIP Premium Member

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    No problem, I saw a few people here saying they just follow the guru's...
    I'm working on a different strategy that probably will work better than the auto-copier and will be close to 100% win ratio... slow and steady though..