And we are on so welcome to this webinar of open book copy trader, learn how to ride the money makers and the name of the webinar. It pretty much says it all. What we’re going to show here today is how to operate and function in the copy trader and the open book, how to spot the best traders and how to copy them into your accounts. Before we begin, I would just like to say a few words generally how we came up with this product, so you will understand better what we’re looking at. We saw in our earlier versions of the platform where we had the chat that people are chatting with one another and asking them for advices, especially when the leaders are popping up in the chat room.
They’Re bombarded with questions of. Why did you buy this or why did you sell back? We have decided to enable people to automatically link their accounts to those of the money makers, so they won’t have to bother them with questions and bother themselves with the questions of whether or not they’re going to open a trade just ride these pros into your profits. Okay, so let’s see how this works to the left, you can see the basis for open book trading. It says, see, follow and copy.
What do we mean see? What real people are trading now live and in real time follow, find and follow traders copy copy instantly? The trades and traders that you like great so the first thing that I’m going to do right now is I’m going to log in and try understand. How can I operate in this open book and it’s easier than you think. Let me tell you that I’m, of course biased, but you will see in a minute or two how easy it is to operate in it.
Ok, I am logged in this. Is my demo account and what we can see here is a live trading feet. Ok, by the way, just short notice, ladies and gentleman, this is not a monologue. This is a webinar and a dialogue. If you will so, if you have a question at any given point of the webinar, please feel free to do so by writing to me in the chat box, and I assure you that I will address your question and answer it so that everybody can benefit from It, let’s continue, so what can we see?
As I said in the beginning, see what we’re seeing here is a live trading feet all showing most recent activities made by real people. That’S pretty much self-explanatory. That means that all the positions that are open in eToro are shown here. Ok, so I can also see another thing, and that is that this trading platform does not resemble any other trading platform. Forget about those complicated charts, those weary formulas that doesn’t appear here.
If anything, this looks more like a social network that we all know and are familiar with. You can like you, can comment, ok, very much like these social networks. Only here you can also click follow and when you do that, you’re adding this trader in this case, quorum 1414. We’Re adding this traitor. Ok to our watch list.
Let’S open our watch list and the watch list is a trading feat of only the people that we chose to follow, and here we see the physician that Kareem has opened. The top 100 is the last feed, and that is of the people that are in the top 100 list of traders this week this week very good. So now we know what we can see follow. I already showed you that as well. You can follow people, you can add them to your watch list, but we can also copy and that’s the main benefit of the open book now here you can open positions one after another, but is that really valuable?
How will you know if you should open and copy this position this buying of the euro dollar at this rate? How will we know if this is a wise decision to do? Well, we’re going to show you right now our latest feature, which is called copy trader, and this is truly magical, because the idea here is to build your real people based portfolio, meaning that you can dedicate certain portions of your equity to follow automatically whatever some of The professionals that you choose do directly into your accounts: let’s see how this works, the best place to pick a trader that we want to copy directly is by going to the rankings, let’s go to the live rankings, and what we can see here is that we Have rankings of the last month, the last three months last six months and the last year, some of these guys have had an unbelievably successful month. I mean imagine you investing $ 1,000 and within a month turning them into seven thousand dollars. It’S not afford it’s not a fluke that a hundred and eighty people 88 people are automatically copying every position that this guy opens, but let’s go to something that is more consistent, someone that has been profitable for six months.
This guy has generated a profit of more than one thousand three hundred and forty-six percent. If we want to go even further, we can go to this trader. Agnes polonium yeah, which has 789 followers in the watch list. Okay doesn’t have any copiers, though maybe i will copy him. Let’S keep.
Let’S choose this traitor, okay from malaysia with two hundred and sixty percent, or you know what maybe this trader would be better sadhika, Shawna’s, 97. Okay, he’s from saudi arabia looks like a kid. Maybe I should trust someone who’s a little bit older or maybe it’s a wonder boy or a son of the trader, because we’re not letting people who are under 18 trade on our platform. Let’S take a trader. How about this one one hundred and thirty-four percent – is nice 98.
of the positions that he opened resulted in profit? Okay, because we have two ways of segmenting these traders we have percentage of gain and we have one winning ratio. Percentage of gain is how much money you gained on the top on top of the money that you already invested. Winning ratio obviously means how many of the positions that you opened resulted in profit at the end. So this guy is a success story and you know what I’m gon na do I’m going to click on him, because I want to learn a little bit more about him now.
What I see here is his profile, okay, showing his last 20 actions. We can see that the last 20 actions are actions of people that started copying this traitor because he’s so successful. Okay, this is an hour ago. This is two hours ago. People are copying him and for a reason, but let’s dig in even deeper: let’s go into the stats and look at his stats.
Okay, let’s look at his stats over the last six months. Yeah did have a problem in the beginning, but then he learned he learned and he learned well and even though he tumbled a little bit overall, he is rising up and we can see something that is consistent and something that we can actually appreciate. Let’S see is break now this guy trades, only euro dollar doesn’t trade anything else. Okay, trades in medium risk. The average trade whole time is one and a half days.
Ninety-Nine percent of the trades that open resulted in profit. That is absolutely astonishing. Okay, question here shows the followers as in the box, that shows the followers to questions I see here. Is there a way to remove people that you already started? Copying yes, and I will show you that shortly and the way I don’t see another question here.
What I do see is, as in the box that shows followers pretty much yes. Now we see here the risk appetite in percentages. Oh, I have another question, not really all right, so we see here the risk appetite. It’S medium risk appetite this guy likes to hold his trades he’s what we call uh, not a long term trading, he’s a short-term trader, but I’m an extremely short term trader. He does hold his traits for one and a half days: okay, um, that’s!
Overall. What we can see him about him and – and you know what I think I think this trader knows what he’s doing with regards of the euro dollar. So when it comes to trading the euro dollar, I would like to copy everything that he does. Let me click on the copy trader and see what happens now. How does it work take who to copy the best place to find the top-performing traders is the live rankings?
We just did that set amount and copy just choose how much money you want to use in copying and Mar use. You can use up to twenty percent of your balance. You can try copying completely free using virtual money. Okay, I’m going to use my demo account here. Ok, I have 6465 dollars remaining and my virtual balance to dedicate about 1150 dollars, demonstrator i’m clicking copy trader and boom.
Here we are lean back, see the magic life from now on everything that this trader will do. I will do the same with proportional amounts now. What does that mean? Proportional amounts? Proportional amounts means that if he has an account of ten thousand dollars and I’m following him with one thousand dollars – and he decides to open a one-thousand-dollar position, I will open the same position in the same direction only with one hundred dollars, because the proportions are this.
This will actually make you coffee, not only the direction that your guru is taking, but also the money, management and risk management that he is applying and this strategy that is built into this a trade, and this is something that enables you to inherently copy strategies of Other professional traders one after another, so how can we best utilize, this copy trader mechanism? Let’S go to the web trader, which is where I have all my trades all right now you see some trades and read here, but I’m not worried and you’re going to see in a second lie. There you go copy and Marius. I have 1,100 1,150 dollars dollars ready for him right now. He hasn’t opened any positions when he will.
I will do the same with the same proportional amounts now. You’Re probably wondering this is too good to be true. This is so easy. That means that, even if I’m an idiot does don’t know how to trade, I can still trade like a professional. Well, actually, that’s exactly what it means and to prove to you that this is the case.
I want to show you this account. Ok, i opened this account. It shows the virtual balance is eleven thousand eight hundred and forty seven dollars. I opened this account seven weeks ago when we launched a copy trader. It was about seven weeks ago and I opened the demo account very much like everybody else.
With ten thousand dollars, I made 18 and a half percent in seven weeks, and I did not open a single position myself when a proof, let’s go to the history – and let’s look at that here – is the history of my positions copied named profit the percentage of Gain some of these are small. Some of these are larger, but overall, look at the green, some of them – allred, yes, but much more green than red, and that’s what’s the best thing about it, because I didn’t do anything here. I really didn’t do here you here. We go, I just closed a position. When did I close this today?
Wonderful? Why did I closed because of the take profit? Did I do anything? No, this straighter that I copy did everything for me. Isn’T that great?
It’S great, of course, it’s great! He sold the euro dollar at this rate and we closed it right here, which is terrific and phenomenal, and I made 176 dollars on this trade, and I didn’t do anything myself and that’s the best and most important thing now. If you want to learn about candlestick charts about fundamental analysis, how to interpret the financial news into your trading, you have an account manager for that who will really teach you the basics and advanced technical analysis and a fundamental analysis. But what we’re bringing you here with this product is we’re actually saying we know that you hear the this all the time: Wall, Street gold, dollar, yen, pound oil, Nasdaq, Dow Jones. We know you hear those names and then use all the time going up going down.
A lot of people making money a lot of people losing money, and we know that everybody wants to make money and in order to make money, you need to trade like a professional, and in order to be a professional, you need to learn and you need to Dedicate a lot of time, that was the case until we launched the open book now we allow you to trade exactly like an marius and his professional friends by linking your accounts to theirs, and it’s as simple as that. So if you have questions now is the time i am ready and willing to hear you out and help you out. I see a question here. Can I explain spread okay? This question was given to me by Alvin Alvin.
I am going to at the end of this webinar i’m going to write. Excuse me, i am going to write my personal email address where you