Copy Trading is soon to come!
We told you about our beloved IB program, some tips and trick on trading the news which are two, very exciting and great ways to make cash from time to time next to your trading game. Yet, we have more to come! But that after a short overview on what is going on this week.
What has happened so far?
Nasdaq hit a new ATH and S&P continued upwards just like in our previous analysis earlier this week. Today we have seen massive volatility during the news on the majority of GBP pairs, so the question goes to you guys. Did you use our tips on trading the news yourself, or is it only us making the profits today?
Not only that but we are excited for what’s more to come later today. The Fed’s annual bank stress test results are also to be released today, hopefully bringing even more opportunities to trade.
Soon to be released
Many of you have communicated a desire not only to have great trading conditions but also, to have a possibility to invest in traders that might be profitable right next to you – on the Kumo Markets trading platform. As we always do our best to listen to your needs, we are happy to announce that the Copy Trading platform is in the testing phase already!
What does it mean for you? A possibility to evaluate the strategies of the best traders on the Kumo platform and invest your hard-earned money in their trading journey.
For a trader: profitable traders will have a possibility to become small to medium size money managers trading not only their own savings but engaging to trade investments of other Kumo Markets users. Probably a bit more stress than usual, because the balance will be much higher, but if you will be able to continue with your successful strategy – lots of commissions to be made for you are guaranteed!
For an investor: a possibility to set aside a part of your balance to a trader of your choice and gain profits paying only commission per lot and a small manager’s fee to the trader itself.
We told you about our beloved IB program, some tips and trick on trading the news which are two, very exciting and great ways to make cash from time to time next to your trading game. Yet, we have more to come! But that after a short overview on what is going on this week.
Our hopes towards Copy Trading
We are aiming to finalize testing throughout the upcoming week and launch the platform for you guys in early July. Please, as always allow your account managers to bother you from time to time because they will have tons of information to share and meanwhile, keep glancing at these newsletters because next week we will give you even more information on how it will work!