Copycats

Created at 07 Mar 2021, 08:27
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danishiam1

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Joined 27.07.2020

Copycats
07 Mar 2021, 08:27

I have a Question.

 

More than 90 % of traders lose 100% of their capital in trading, Yet those who are able to trade successfully are not protected by ctrader. Example If i take 1% risk every time i trade with a 20 pips SL. My average is 19 Profit 5 loss. Now i allow people to copy my account and some No good Copycats come invest 300 or whatever minimum amount is and them replicate my trades on their account with 5% Risk and make money off my hard work , This is a major issue with those who actually worked hard and studied to make good trading decisions.

 

Is there any way to stop this . IF you look at relax there were more than 20 relax multiple account were blowing along the way. The platform should not only be looking for money it should also protect its clients from frauds. 

If any 1 has a solution please share, 

 

Thankyou

@danishiam1
Replies

PanagiotisCharalampous
08 Mar 2021, 08:57

Hi danishiam1,

We are considering the option of hiding the open positions from followers in a future update. This should help you protect your trading activities.

Best Regards,

Panagiotis 

Join us on Telegram

@PanagiotisCharalampous

danishiam1
15 Mar 2021, 21:53

RE:

PanagiotisCharalampous said:

Hi danishiam1,

We are considering the option of hiding the open positions from followers in a future update. This should help you protect your trading activities.

Best Regards,

Panagiotis 

Join us on Telegram

Dear Mr PanagiotisCharalampous

 

Thankyou very much for considering this . May i suggest you should make the fact known to people that there is a risk limit assigned to the account. Risking 50% would definately mean that the trader is praying that the trade returns. Users should know that they can decide how much do they want to risk while copying an account. This puts ctrader in Green as per legal scenarios. I look forward to see your option available in Ctrader.

 

@danishiam1

danishiam1
24 Mar 2021, 23:02

Copy Cats out of control

Dear Mr. PanagiotisCharalampous

Any update of when we will be able to see the above mentioned option?

 

@danishiam1

PanagiotisCharalampous
26 Mar 2021, 08:44

Hi danishiam1,

It is in our backlog but we do not have an ETA at the moment.

Best Regards,

Panagiotis 

Join us on Telegram

@PanagiotisCharalampous
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