Forex: Solution "Don’t put all your eggs in one basket"

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Avatar for Trading6677028
3 years ago

In Forex investment, To solve the "Don’t put all your eggs in one basket" problem we usually open accounts on 2 or 3 different brokers.

 If with the same type of analysis to enter the order. When we need to enter an order, we have to open the trading platform of 2 or 3 brokers. That leads to complications when we enter, close orders or adjust stoploss, Take profit.

  So our solution is: We use copy trade. That is, when we open an order on account 1, automatically on account 2,3 will automatically open an order. So we only open the trader platform of a Broker, other brokers will open orders accordingly. Then we can guarantee the "Don’t put all your eggs in one basket" factor.

 Now which copy trading platform do we choose? For me, I chose Ctrader copy.

 With ctrader copy we do not charge for Ctrade but we only pay fees between accounts.

If you have a better solution, please share it with me.

 Thank you for reading the article.

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3 years ago

Comments

Nice post about not investing all of our money in one investment, thank you.

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3 years ago

With online investment, we must always find the maximum limit of risk. So we have to find a way to adapt and fit ourselves.

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3 years ago