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FAQs

Have a question? Check out the FAQ's below.

Frequently asked questions

How does it work?

When a buy signal (trade idea) is generated I manually enter the trade on eToro, this is then copied onto you account automatically. The same applies when a sell signal is generated.



Can I lose money?

If you choose to copy my portfolio there is a possibility of losing money, there are no guarantees when it comes to investing or trading. Past performance is not indicitive of future results.



Will you show me how to trade?

No, if you copy on eToro all the trades are copied automatically.



What does profit factor mean?

The amount of money a the strategy made for every unit of money it lost. This value is calculated by dividing gross profits by gross losses. The higher the better.



How many trades win?

The system has generated a win rate of 75-86% across 24 equities and ETFs over the last 12 years. The proft factor is an impressive 3.2-9.3.



How long should I follow your trades for?

The longer the better. Wealth is built over time. I would suggest a minimum of 12 months to take advantage of any cycles within the market.



©2020 by FollowMyTrades

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Caution: This website is for educational purposes only. Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognise that for factors outside your control you may lose all of the money in your trading account. Many brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. Followmytrades.co.uk takes no responsibility for loss incurred as a result of you copying our trades. By signing up as a member you acknowledge that we are not providing financial advice and that you are making the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our ideas we share  on forex or stock market related products on this website, email or other electronic means. Past performance does not guarantee future results. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with eToro. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. eToro is authorised  and regulated by the FCA.We are not authorised to provide financial advice. By continuing to remain on our website you agree that you have read and agree to the Terms and conditions.

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