Using FMTrader’s iFollow to Increase Your Earing Potential
Sometimes jumping on the bandwagon, i.e. joining other successful investors, may be the wisest strategy – especially if you are new to the world of financial investments.
New traders that still do not feel confident enough to engage in independent trading can greatly benefit from FMTrader’s unique iFollow feature. It enables them to join an experienced trader by exactly emulating his transactions and, therefore, make the same profit he made.
The application is very easy to operate. All you have to do is
1) Choose the type of asset you wish to trade with another trader.
2) Choose a trader you wish to follow.
3) Set the time-span in which you want to use iFollow
4) Set a minimum and a maximum sum for your investments
5) Click the Follow button and start emulating your favorite trader.
On the left side of the page, you will be able to view each trader’s record of success. These data will enable you to choose the top trader for each asset.
It is common to limit either the time or the sum of money you wish to allocate to iFollow. The overall aim of this service is to help you learn from top traders in order to eventually develop your own skills as a self-reliant trader.