Introducing deltaomega
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Hello everyone, my name is Felix and I’m a 29 years old Music Producer and Part-time Trader from Germany. I have been trading forex for 3 years. However I never was quite satisfied with my performance. So when I first heard of eToro’s groundbreaking copy-trader feature I was immediately intrigued. You may also know my old nickname forextorerro123, a smaller test-account I had created to check the copy trader out. And although I really should have known better, my first experience with CopyTrader on that account was to pick some traders on Sunday, checking back on Monday and finding that I had lost almost 40% of my funds…
What had happened?
Greed had led me to believe, some High-risk Traders, pulling big numbers for a couple of months would do so forever. But unfortunately they decided to go bankrupt on that very day…
Don’t misunderstand me; High Risk trading has its place. But for my goal, which is to achieve a steady and somewhat reliable income through CopyTrader, my choice of traders was absolutely contra-productive.
So I started to copy more reliable traders and re-allocate my funds on a daily basis in order to spread the risk. That went very well and I managed to get almost all the loss
back until the Euro-Crisis got to a whole new level when Greece elections shook the markets. 2 of the traders I copied went bankrupt and I was almost at 50% loss. What I needed was a strategy that would work even if copied traders go bankrupt.
After rethinking and a lot of try and error I was able to find that strategy, allowing me to regain all the losses I had made before, though some of my copied traders went bankrupt.
Now I’m applying that strategy to my primary account deltaomega.
How that strategy exactly works, I will share with you in another, upcoming blog-entry.
For now I would like to invite you, to take a look at my profile and if you like what you see, to consider copying.
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