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How to earn 10 million/month by becoming a master trader?

Ever wondered how Master Traders like Jim Roger and Muriel Siebert became legends in the trading world? Pro trader Gareth Soloway says that anyone can become a Master Trader.

It's important to remember: there are countless people who want to join the ranks of expert traders and achieve the income promised by that title. However, only a few succeed in reaching that goal, or even getting close to it. Consistently winning traders are almost as rare as a lottery ticket that wins millions of dollars.

We’re here to provide the right solution for those of you who’ve been wondering how to become a master trader, especially if you're a beginner.

Earning 10 million/month by becoming a master trader

Have you ever heard of the term copy trade / social trade? GIC will provide a simple way for beginner traders like you, who are new to the world of trading, with this standout social trade feature.

This episode will be hosted by GICTrade, addressing all the issues you face as a beginner trader.

Hi GICTrade, could you share a bit about what Social Trade is?

Copy Trading or Social Trading is a method where you can follow the trades of other traders. You simply need to set the amount you wish to invest, and our platform will automatically execute trades in real-time, mirroring the moves of the Master Trader you’re following.

So, when the trader takes a buy position, you also follow by taking the same position. Conversely, when the trader sells, you sell as well. When the trader adjusts their stop-loss, you follow suit.

Similarly, with the social trade feature, you have the opportunity to gain profits without needing expert trading skills or in-depth knowledge of financial markets.

Hi GICTrade, what are the tips for successful trading with the Social Trade feature?

So, does social trading itself provide many benefits?

Can you succeed just by relying on this feature?

Here are some tips to help you achieve success and earn 10 million/month by becoming a master trader.

#1: Understanding the Concept Behind Trading Strategies

When you have a deep understanding of the concept behind a trading strategy, you'll understand why the strategy generates profits, which helps you follow it with discipline.

For example:

Following the trend is effective when the market is trending. However, statistically, most markets have trends less than 50% of the time.

This means you might experience losses often, but when you manage to catch the trend, the profits you gain will more than compensate for the small losses along the way—and that’s how a trend follower can be profitable.

If you don’t understand the logic behind the trend-following strategy, you might think it’s not working after a few losing trades.

 

However, if you truly understand it, you’ll realize that those losses are just part of the cost of running a trading business.

#2: Find a Master with Expertise in Trading

#POV

There are two similar businesses (A and B) that are engaged in the sale of vacuum cleaners.

The owner of business A has 50% of their wealth invested in the business.
The owner of business B has 5% of their wealth invested in the business.

Now, allow us to ask:

Which business would you want to invest in?
Of course, business A.

Why?

Because the owner has more capital at stake. In other words, they are more likely to act correctly because they don’t want to risk their investment—this aligns with the interests of the shareholders as well.

So, what does this have to do with social trading?

The concept is simple.

You want to find a Master who has a significant stake in their own account because they are more likely to take the right actions—and this benefits you as a follower.

Although the concept may sound simple, you might be thinking: How profitable is this social trade, and is it really that easy?

 

Don’t worry… This time, you don’t need to fear missing out on trading opportunities. Even as a beginner, with the social trade feature, you’ll be guided directly by the experts and get the chance to make 10 million per month by becoming a master trader or a follower!

There are two types of accounts we offer:

  • Social Trade Master: As a master trader, you will earn fees based on the followers who copy your trades.
  • Social Trade Followers: With this account, you follow and copy the trades of a Master Trader. Not only that, but this feature ensures that you will quickly learn about trading, as you are directly guided by the experts.


So, what sets GIC Social Trade apart from other platforms?

It's true that GIC is not the only platform with this feature; other platforms also use it.

However... what sets our Social Trade apart from others are:

  1. No broker restrictions: Traders from other platforms can also join us for this feature.
  2. Cross-platform functionality: Our feature can directly copy positions from traders using MT4 and MT5.
  3. Open to everyone: We offer the opportunity for anyone to register as a Master Trader or Follower, where they can showcase their performance to the public.
  4. Super-fast execution: We use the latest and most advanced technology, allowing our platform to copy positions with minimal delay.
What are you waiting for? Join GIC Social Trade now and make your dream of earning up to 10 million/month a reality by becoming a Master Trader or Follower. Achieving maximum profit has never been easier trust it to the reliable platform and experts at GIC.


Conclusion

Earning 10 million per month as a master trader is an attractive goal, but it’s not easy to achieve. In this article, we’ve covered key steps to reach that goal, from understanding the basics of trading to strengthening trading psychology. Each step plays an important role in your success. Stay consistent, keep learning, and adapt to market changes. With hard work and patience, you can turn your dream into reality.

Enjoy the ease of trading & take profit in just one application. Register now!


This page was last update on 12 Nov 2024 22:02
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