If you started forex trading a few years ago you were literally on your own. These days due to the social revolution, trading has become much more accessible and easy to do. If you don't know how to earn pips or have tried and failed, there are a few options available for you. "Copy trading" recently has gained a lot of popularity amongst the retail traders. The idea with copy trading is that several people can duplicate the trades of one individual. So if someone is a good trader he can let others copy his trades for a small fee. The advantage for the those doing the copying is that you can spread you capital over many traders. You do not need to dedicated your entire capital to one trader only and copy all his traders, you can spread it out and minimize the risk even further. Another advantage of copy trading is the ability to analyze each trader's performance record and see if it fits into you criteria. A third way to earn form copy trading is by referring other traders to join in and you get a cut of their commissions and/or spread that your referral pays.
