How To Make Money In The Financial Market Without Trading – Blueprint Newspapers Limited
The forex market offers many trading opportunities. But not everyone has enough time to explore the intricacies of financial markets. In addition, novice traders also cannot boast of extensive trading experience, so they are often afraid to take the plunge and make a trading mistake that could wipe out their trading account completely. To solve this problem and help their clients save time and overcome their lack of expertise, brokers offer copy trading services, such as RAMM.
RAMM and how it works
RAMM (Risk Allocation & Money Management) – is a copy trading platform which has recently gained in popularity. It allows novice traders and investors to start making money in the financial market without being well acquainted with the intricacies of trading and finance. There are two types of users on the RAMM platform: experienced traders who create trading strategies and investors who copy trading signals to their investment accounts. The platform is a win-win for both parties. Investors can generate income by simply copying trades from seasoned traders, and traders receive a commission from investors who follow their strategies.
RAMM benefits for investors
If you are looking for new ways to earn a stable income, RAMM is definitely your choice. Let’s take a look at the main RAMM benefits for investors:
- RAMM allows an investor to manage the risks for each investment. You can adjust the parameters of your investment and specify your profit target and the amount of your investment that you don’t want to risk if something goes wrong.
- Full control of your investment. An investor can stop investing in a strategy and withdraw their funds at any time. It is not necessary to transfer funds under management to the merchant’s account. The funds are kept in the investor’s account all the time.
- The ability to diversify risk by investing in multiple strategies.
- Pay for performance. Fair and transparent fees. An investor only pays a commission if the strategy is profitable.
How to invest with RAMM
To access the RAMM platform, an investor must first open a brokerage account. We recommend you go with Markets. It is a regulated global broker, offering premium trading products and services, including copy trading.
You have therefore opened a trading account. Now you need to find a profitable trading strategy to follow. The RAMM platform makes it easy for you because it provides strategy assessment. You just have to go through the strategies paying attention to their characteristics (age, monthly return, number of followers, etc.), choose an appropriate strategy and create an investment.
When creating a policy, you will be asked to define the Target, Protection and Factor parameters. By setting the target, you determine your profit goal. The Protection function allows you to protect your investment if the strategy turns out to be unfavorable. The factor is a copy multiplication coefficient. You can set a value from 0.1 to 10, and trades will be copied in proportion to the size of your investment. After adjusting your investment parameters, the RAMM platform will start copying the trading signals automatically and you will start to make a profit.
Copy trading is a great option for those who don’t want to waste their time and effort learning how to trade independently. With RAMM, you can tap into the knowledge of experienced traders and generate stable income in the financial market. If you are a professional trader looking for another way to make money, check outthis link and learn more about RAMM.
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