On 4xLEGENDS.COM, you can read about it, but we think it is important to write some words about it here, too, because we will also share info about the 4xlegends strategies here.
What does copy trading mean?
Copy trading is when software copies the trades between a master and one or more slave accounts. A master account is an expert trader’s account, while the slave accounts are the accounts of the copy traders, or we can call them investors. Investors, because they invest in the actual trader’s knowledge by copying his trades.
Here are some questions about copy trading we should talk about.
Is it safe?
Yes, most of them. The 4xLEGENDS strategies are available only at safe brokers. These brokers will pay your earnings, they are not against you. The copier software also has been tested for years.
The 4xLEGENDS strategies are provided by great traders. It doesn’t mean that 100% of their trades are profitable. I have to tell you that if someone claims that it is possible, that person lies. The difference between good and bad traders is that the good trader has a risk management strategy that helps to keep the account safe and profitable in the long term.
Do you have to learn anything about forex trading, or do you have to do anything daily to earn money?
Many people asked us about this, probably because we call it copy trading. So if it is trading, you probably have to do something, but no. After you set up the copy trading, it is fully automated. The only thing you have to do is nothing. Do not open or close trades; just watch and ask us if you have any questions.
How can you start copy trading?
There is a step-by-step guide on 4xLEGENDS.COM that you have to follow. You have to register a broker account in your name, verify it, fund your account with your initial investment, and connect it to the strategy that you like. It is very easy.
From that, the system will start opening and closing trades at the same price as the trader on the master account.
When can I withdraw money from the account?
To make it clear, this is your broker account. The trader can’t log in to it and doesn’t even know that you exist. He just see a connection number.
You are the only one who can withdraw from it and you can do it anytime.
We ask you to contact us some days before doing it because if there is news or something that can ruin your equity if you reduce the account’s balance too much. We can prepare your account for that.
How much can you earn with that?
No one can tell you that. Trading is not constant. There are good and bad days, but we can talk about average profitability. That means, for example, if in the last 2-3 years a strategy made monthly 42%, it can make -25% in the next month and +130% a month later. I had a member who quit after the first trading day because his account made a 2% loss. Don’t do that. Trust in the statistics.
Can I lose my money?
With the 4xLEGENDS strategies, you can’t. As I said, sometimes you will make losses, but in the long term, you will earn a nice profit.
I think I wrote about enough stuff for now. Send a message to us on X, if you have anything to ask or if you need help.