How to Copy the Best Traders on Etoro
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How to Copy the Best Traders on Etoro

You want to profit from the high yielding Forex market, but don't want the stress involved in trading, take this course
3.9 (9 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
571 students enrolled
Created by Doru Tarita
Last updated 9/2017
Current price: $10 Original price: $90 Discount: 89% off
5 hours left at this price!
30-Day Money-Back Guarantee
  • 1.5 hours on-demand video
  • 25 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • You will learn to select consistent traders, who will work for you.
  • You will learn to invest in people, not in currencies.
  • You don´t need to learn all the charts and technics about forex
  • You will receive a list with the best traders on etoro to copy.
  • You will learn to build your "company" as a CEO.
  • You will learn to supervise your forex employees.
  • Short course and to the point!
View Curriculum
  • Some creativity
  • Passion for that you want to do
  • Discipline
  • Some basic knowledge about forex
  • A teachable attitude
  • IF you need a promo code, just tell me the reason why! The best answers will receive a discount!

Etoro is the largest online forex broker in the world, as they currently have over 1.8 million clients spread throughout hundreds of different countries.

If you are looking to open up your first online forex account, I would definitely suggest taking a look at Etoro. Etoro gives you the opportunity to trade with a free account so that you can give their software a good test before deciding to trade with real money.

You will learn to invest in people, not in currencies.

You don´t need to learn all the charts and technics about forex

You will receive a list with the best traders on etoro to copy.

You will learn to build your "company" as a CEO.

Short course and to the point!

Who is the target audience?
  • People interested in money investments
  • Some basic knowledge about forex
  • Diligence and drive towards success
  • People who don´t have time to spend with theories
Students Who Viewed This Course Also Viewed
Curriculum For This Course
41 Lectures
Who to copy?
9 Lectures 26:54

To start copy trading all you need to do is open an account at (my etoro ref.)

Then use the investment network to search out the top financial traders.

When you've spotted a trader you'd like to copy, simply choose a portion of your funds to invest and get started.

BUT the problem is there are so many and their success doesn’t only depend on their graphic performance on Etoro.

·There are many other factors which influence a good trader

·Deposit $ 200 (minimum) or more!

·Open an account

For NEWS and UPDATES please check the Lesson Nr. 9 !!

Preview 00:53

For NEWS and UPDATES please check the Lesson Nr. 9 !!
Preview 02:53

For NEWS and UPDATES please check the Lesson Nr. 9 !!
Preview 01:49

For NEWS and UPDATES please check the Lesson Nr. 9 !!

How do you go about selecting the traders to follow?

1.Good money management (uses no more then 50% equity)

2. A maximum of10 open trades

3. Look for traders with a proven track record (ideally at least 12 months)

4.No 100% loss in the past 100 trades (I accept losses - that‘s normal - but 100% is a bad sign for a trader).

5.No copytraders – just trades by himself

6.Activity: at least 10 trades per week

7.The smoother the chart graphic is, the better the trader

8.In my list I look for traders with as many different currency pairs as possible (diversification)

9. Look for one good commodity trader

10. Look to diversify geographically: search for 2 traders per continent so you can trade around the clock.

11. Follow short term eToro traders (i.e. traders who don’t leave positions open for weeks or months)

12. Follow traders who demonstrate a professional money management strategy - i.e. traders who risk a small percentage of their balance per trade and not traders who “bet” 10% or more on a single trade

13. Avoid traders with 100% (or > 90%) winning ratio, this only means they leave every position open until it becomes profitable, eventually locking up and losing all your capital as they widen their stop levels

14. Try to follow and copy traders who watch the market and use clearly defined stop levels above or below certain trend lines, instead of arbitrary stops of 100 or 500 pips away

15. Search for traders who know when to cut their losses and understand that not every trade must be a win.

You need to copy them and then go on vacation. Don´t do anything, just wait and see …!

Copy only, if they are in red or they have not open trades!

I recommend you start with the green list.When you have more money you can start to invest in them all one by one!

All of these traders have been tested by me with a real account.

Some traders are risky, but they make more money.

Don´t play around and exchange the traders often.

Be patient with them at least 4 months in order for the traders to be effective!!

Caution:It is very important to understand that almost all forms and types of investments have inherent risks involved. Many everyday activities such as driving a car is also risky owing to thousands of deaths each year attributed to driving. However, forex trading can be regarded as being as dangerous as any other activity and so it really depends on how good of a trader you are. The more time and effort you put into learning the ins and outs of forex trading and using the right strategies the lower will be the risk that you take.

Preview 03:15

UPDATES!! March 2016

What You Didn't Know About Copytrading - eToro webinar

Check this  New 2017 video:  

Please read!!

Putting in place a default CSL setting, we are making sure that you are less exposed to risk and that you can invest safely, knowing that a good portion of your investment is guaranteed to come back. Of course, this is just a precaution and you can always change the CSL from the default setting to your preferred amount. (Rec: -5%)

Preview 06:40

SAFE Copy Trader Repost



Check for the Copy Trader Alert-AUGUST 2017 also as .pdf

Why pick Etoro?
3 Lectures 03:38

The internet has been a great leveler and no more so than in the realm of finance. Many people fail to realize just how much the financial markets have been transformed in the last few years – both with the move to fully electronic trading as well as the internet opening up access to the wider public.

Check for the newest updates here:

Why Etoro? In the company's own words.

Check for the newest updates here: 

How to deposit

Check for the newest updates here:

What are the Trading Spreads?
Build your new forex company
2 Lectures 03:42
It is in Your Hands now!

Etoro Passive FX Strategy

What if you were a company president?You have a specific budget and you can employ up to 10 employees.What will you do? Naturally, you will search for the best people as a good investment for this money.Imagine that these 10 employees work around the clock and bring profit for you.Now, what would it be like if these 10 employees each had 10 workers who help them?Would you just take advantage of the work of your 10 employees or would you use the advantage of having the benefits of 100 workers, though you have only invested in 10? Now you can further imagine if each of the 10 employee’s helpers also each had 10 workers (10x10x10 =1000) for the same amount of investment. Would you stick with your 10 or would you take advantage of the 1000 people? Now, I hope you understand what it has to do with FX trading.As a etoro “company boss” you have the possibility to either choose 10 people to copy or you can choose 10 people to copy who each is also copying 10 good traders. This is the multiplication concept.I was astonished to see how many trades I made in a day when I started this. I got rid of the single traders (someone who trades for himself without copying) even at a loss, but within a few hours I won back what I had lost. I want you to be successful too and together we can develop a strategy from which we all can profit.Do you want to join me in this process?

Start your forex company
27 Lectures 56:54


MAY 2017

NEW! Copy Trader Alert MAY 2017

Please check the latest updates! Lesson no. 9


Please check the latest updates! Lesson no. 9


Please check the latest updates! Lesson no. 9


According to my experience this is a list of the TOP Traders to copy

NEW! Copy Trader Alert APRIL. 2017


Check MARCH 15. 2017  .pdf 

How to copy the best traders! News Alert March 2017

NEW! Copy Trader Alert FEBRUARY 2017

Here the newest copy trader alert January 2017

NEW! Copy Trader Alert JANUARY 2017

NEW! Copy Trader Alert DEC. 2016

How to Find the Best Traders to copy: 7 Tips from an Elite Investor

1. Look for consistent profits over 1 year or more.

The first thing to look for is what we are all interested in: profits! Has the trader been consistently profitable over a reasonable period of time?

Of course, it is perfectly possible that someone could have seen huge profits over a short period of time but unfortunately, this does not necessarily mean that they will be able to continue to be profitable in the medium to long term.

Although a trader may be fully convinced that they have a great system, it could just be that they have been quite lucky and caught a nice trend in a particular market. So a few good months does not necessarily mean that a trader has a good system. Will their system still be able make money once the current trend has stalled or reversed and higher volatility has come back in to the market?

I have seen many people diving in to copy traders with some big short-term gains only to find they have copied at exactly the wrong time. It is advisable to only consider those traders with enough history to demonstrate consistent profitability over a reasonable period of time, and preferably in a range of markets.

2. Look for traders with low historical drawdowns.

Controlling loses, or drawdowns, is one of the most important factors in becoming successful in the long term. It may be possible to make 20% or more in a month through high-risk trading but when those risks do not pay off, you may well find yourself with a 50% loss or more the following month. In the medium to long term, you will usually find that high-risk traders have gone backwards. So maintaining low drawdowns through a sensible money management strategy is perhaps one of the most important criteria to long-term success in trading, and by default, copying.

What many people don’t consider is that say you incur a 5% drawdown, you then need to gain 5.26% to get back to break-even. However, lose 50% and you now need a whopping 100% gain just to get back to break-even, and with higher drawdowns, the gains needed start to grow exponentially.

I see some traders ask copiers to set the copy stop-loss (CSL) at the maximum level of 95%. Of course, nobody ever expects that they will ever lose that much but it does happen. By incurring a 95% drawdown, you will need an unlikely 1900% gain just to get back to break-even before you can even start making any money.

3. Avoid traders with huge percentage gains.

High percentage gains can be a useful indication of high-risk trading since the only way to make excessively large gains is to trade with higher leverage and/or big stakes. This is fine when it goes the right way, but nobody can ever win 100% and just one bad trade can easily bust a high-risk strategy.

The eToro risk score is not perfect but it is a useful metric as part of your research into gauging how risky copying a particular trader might be. Large swings in equity, trading with high leverage and large stakes are all important factors which are taken into consideration within the Risk Score calculation.

eToro trader risk levels are the following:

  • 0-2 – Low risk
  • 3-6 – Medium risk
  • Over 6 – High risk 

5. Avoid Martingale traders.

Martingale is a process of doubling your bet each time you lose. It is used by gamblers around the world, usually in 50/50 scenarious such as roulette.

Variations of the fundamentally flawed Martingale betting system have become very popular among inexperienced traders. This is where traders simply keep averaging down as the market goes against them. Perhaps, only entering trades with as little as 1-2% of equity per trade, but it is not uncommon to see 20-30 losing trades or more running at any one time. This type of high-stakes trading can, of course, can lead to huge swings in equity.

It has become so popular amongst beginners because at first, the system can often appear to have an amazing success rate with historical stats showing 100% winning banked trades. However, take a look at the portfolio of open trades and you may find many losing open trades.

Martingale traders will run these trades for many months or even years, continuously extending stop-losses in the hope that the trades may eventually be closed even a few pips in profit. The 100% success rate only comes to an end when the trader runs out of funds available to extend stop-losses and loses 100% of equity.

6. Copy in demo mode before committing real cash.

Just as traders must test a trading system to see if it works or not and to fine-tune any flaws, it is highly advisable for copiers to test their copy selections in demo mode before risking any real money.

7. Think about long-term growth and be patient.

We all want to see big profits as soon as we enter a trade, or in this case, a copy. Nobody wants to have to wait. This same issue applies double to copiers who may be new to the whole thing and are excited about the opportunity to make money.

However, constant screen watching should be avoided. It will drive you crazy as short-term market valuations fluctuate. Sometimes, markets are extremely volatile and sometimes, they can be flat for weeks, perhaps stuck in a range where it is very difficult to find a decent trade. So if you are constantly watching your screens to see how much profits are rolling in from your copy, it can be extremely frustrating when you do not to see much movement, or worse, prices may be going against you, causing a bit of drawdown.

After spending a lot of time searching, studying stats, and perhaps copying traders in demo for a period of time, your portfolio should be monitored, but there is no need to obsess over every short-term move and get spooked into jumping from copying one trader to another and then another just because someone recently had a big win. The big win may never be repeated and it could be that you stopped copying the other traders just as the market takes off in their predicted direction. Worst case scenario is that you can jump from loss to loss and more losses.

When a trader takes a trade, it is far more advisable to decide in advance how much you are willing to invest, place your copy stop-loss and then be patient as you monitor the situation. Whatever happens with any individual trade, if you have done your research and chosen your trader wisely, you should see what we all want to see: solid consistent gains giving long-term success.

Excellent! Source with Permission:

NEW! Copy Trader Alert Nov. 2016

Here the New Trader Alert! October 2016

Copy Trader Alert Oct. 2016

Copy Trader Alert Sept. 2016

Copy Trader Alert July 2016

Updates for Juni 2016

Copy Trader Alert Juni 2016

NEW!!        Deposit $ 200 (minimum is $ 200) or more! 

Copy Trader Alert May 2016

Copy Trader Alert April 2016

Safe Trader Report March 2016

Chek the resources for .pdf Alert!

Copy Trader Alert 21. March 2016

Good Trader Report March 2016

Good Risky Trader Report 2016

You can download the .pdf for newest updates!

Copy Trader Alert March. 01. 2016

Copy Trader Alert 2016

Copy Trader Alert February 11. 2016
21 pages

Copy Trader Alert - February 01. 2016
21 pages

Copy Trader Alert January 21. 2016
21 pages

Copy Trader ALERT Video Dez. 2015

NEW: Copy Trader Alert Jan. 15.2016
21 pages
About the Instructor
Doru Tarita
3.9 Average rating
9 Reviews
571 Students
1 Course
Forex Mentor

I have over 18 years of forex experience. I have studied the charts, made trades according to the news, technical analysis, fibonacci, candlestick charts, fx indicators, robot traders. I focused on different currency pairs, gold, silver, index and so on, but I realised in my career that there is a better way to trade: Your brain is the best instrument to use.

Why shouldn't I invest more in knowing traders and their behavior than in studying currencies?

There are already platforms where you can copy traders, which I thought was a brilliant idea.

After months of research and copying hundreds of traders, I have now found a good mixture of successful traders, who are helping my account grow continously.

Now I work like a manager, looking for the best employees on Etoro and hire them for my "Simply Forex Company".