Table of Contents
- Why Most New Traders Give Up
- Follow The Profits At PrimeXBT
- All About Copy Trading
- Stepping Up As A Strategy Manager
Making money trading global markets isn’t easy. It takes skill, patience, strategy, experience, capital, and a little bit of luck. Proper risk management and emotional control can further improve the probability of success, but volatility can be unpredictable and too challenging for many new traders who ultimately give up.
At PrimeXBT, it is possible to get paid from other traders’ gains by copying and following top-ranked strategies listed in the copy trading leaderboards. Within the leaderboards, the highest ranked traders are making more than 4,000% ROI –– which means you can too. Find out how below and forget all the hard work that typically comes with trading and investing.
Why Most New Traders Give Up
When markets are near a peak, sentiment is filled with exuberance over recent profits, making it difficult to sense when the trend begins to reverse. Near market bottoms, prices are low, but investors and traders are often too fearful of trying to catch a falling knife. Human behavioral biases cause our minds –– and our guts –– to work against us.
Rarely is it possible to get it right all the time, which is why the best traders claim risk management is more important than winning. Others make a fortune from correctly timing the market and taking big bets against the crowd. Stacking up losses isn’t fun or sustainable, which is why many traders throw in the towel after only a short time trading.
Follow The Profits At PrimeXBT
With PrimeXBT copy trading, lack of skills or emotional control is never an issue because users simply click follow and automatically copy the trades of proven successful traders who have a high rank and ROI within the copy trading leaderboards. By following, capital can be invested into the strategy. A return on investment is generated with each successful trade the strategy manager makes.
Followers don’t have to do the heavy lifting or have all the stress that comes along with trading global markets and can still stay exposed to profits using a crypto-based account. Followers get stop loss and take profit tools and can follow many strategies at once to build a portfolio of traders, all working on your behalf.
All About Copy Trading
The experience revolves around a leaderboard system that displays a snapshot of the performance and rating of each strategy on the platform. Clicking on each individual strategy shows more granular performance metrics, which followers can use to pick which strategies to follow and which to unfollow.
At the top of the PrimeXBT copy trading leaderboard currently is a strategy manager with more than 4,000% profits, proving this type of incredible ROI is possible. Copy traders who followed this strategy have also earned as much as 4,000% ROI. The leaderboards are filled with skilled strategy managers and similarly impressive performance, and the rankings are constantly changing due to the constant competition in the community.
Stepping Up As A Strategy Manager
Strategy managers are incentivized to trade at their best to achieve a strong ROI and maintain a high rank in the leaderboards. Strategy managers earn a profit share of followers’ success fees, which are an added income stream for the most profitable traders. In addition, a higher rank means more exposure, allowing strategy managers to reap even more benefits from trading.
Experienced traders can enlist to become strategy managers for free but must make a minimum deposit to activate the account. Once activated, strategy managers will gain access to powerful PrimeXBT trading tools such as long and short positions on leverage, built-in charting software, and much more.
Using the same PrimeXBT account, copy traders can also access a full suite of margin trading tools, the PrimeXBT Trading Academy educational website, and weekly trading competitions at PrimeXBT Contests. Accounts are funded using BTC, ETH, USDT, or USDC as collateral. Funds can be deposited to a secure cryptocurrency account protected by bank-grade security and a cold storage solution for unrivaled safety.
The platform has never had a hack or scandal and was named the Most Trusted Crypto Asset Trading Platform by Crypto Expo Dubai. The reliable service is always on and available via the desktop or mobile browser or through the free PrimeXBT smartphone app for Android or iOS devices. To earn 4,000% ROI from copy trading or to access any of the amazing features above, immediately visit the PrimeXBT trading platform.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.