You can prevent this (technically) by choosing the leverage(1:10,1:20,1:50…1:1000) I even did that, but it didn't help me because I was coping 8 different trades from 3 different traders. Psychologically you can prevent it, by being patient and, at the beginning chose ONLY ONE TRADER AND ONLY ONE FINANCIAL INSTRUMENT to copy. Do not copy not even 2 trades because you will see that in one day you have earned 5-10$( by doing nothing) and than you will start calculating what would happen if you increase the stake. So, DO NOT DO IT AT THE BEGINNING. Consider it as passive income.
Often, what happens is that we run into unscrupulous Internet Marketers (IMs) who have less-than altruistic intentions of extracting money from you rather than helping you to make it. However, this isn't something new. People have been falling for networking marketing, pyramid schemes, and affiliate marketing scams since before the start of the net.
Today, if you're at all serious about succeeding in any endeavor, whether online or offline, you have to deliver enormous amounts of value. Yes, you have to do the most amount of work for the least initial return. This is especially true online. Why? Because it takes time to build authority and create an audience, two primary ingredients necessary to succeed in the wonderful world of commerce on the web.
Become a freelance writer or editor. If you have a passion for storytelling or a background in writing or editing, it’s possible to find freelance writing or editing work online. To search available job openings, check out sites like UpWork.com and Problogger.net. You can also check traditional job sites such as Indeed.com and enter “telecommute” or “anywhere” in the location field.
Online survey taking has been an easy way to make money since the late 90s. Back then, survey companies were often screening those in their database to see who might qualify for certain surveys. Today, you may not see as many emails as you once would have, but those surveys you do qualify for often pay out much more than the paltry ~$1 you would have received in 1999. Potentially you could make an extra $200 per month.
Because of the strong interest in quality of life and work-life balance issues, life coaches have become popular in recent years. Unlike the intellectual demands of becoming a technical or executive coach, life coaching can be successful if you possess common sense, a respect for family and a commitment to enjoy life to the max every day and helping others do the same.
Take it seriously. Yes, you’re applying for an online job. Yes, you can do the work in your underwear, but that doesn’t mean it’s not a “real job”. You must treat it as such or they aren’t going to treat you as a serious candidate. You aren’t the only one who wants to work in their underwear. In fact, the competition online is likely higher than it is in your local area.
Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.