eToro Top Trader 4exPirate (Dawid Kowalski) – Exclusive Interview!
SocialTradingReview.com had the honour of catching up with Dawid Kowalski (Etoro Top Trader, aka 4exPirate) for an exclusive interview.
4exPirate has been one of eToro’s top traders and popular investor to copy for the past 5 years, boasting nearly 42k followers and 850 active copiers (at the time of writing). He is a very active participant, sharing his strategy in his feed on eToro, giving all his followers insights in to his trading. The traders copying his strategies have rarely been disappointed with his monthly yields, which helps builds a traders confidence in their ability to trade successfully.
Who is eToro Top Trader 4exPirate (Dawid Kowalski)?
Primarily I’m a trader and have been trading for the last 13 years, however for the last 5 years I’ve been helping other traders on Etoro make money. As far as I know I’m one of the longest popular investors on their network. I’m managing not only the money of my copiers but also my own, having been doing this with a great success in the last few years.
However, the journey wasn’t easy. The first 3 years of my trading career were mainly at a loss.
I also run online webinars on my own site which can really help your trading career – www.4expirate.com
How did you get into social trading?
Literally by coincidence. I was looking for a broker and found eToro. I was blown away by the idea of social trading and the way you could quickly invest your money in to a proven trading strategy. It was the first time I had come across the concept of social trading and I was hooked. I then just checked the list of Top Trades and said to myself, “I want to be one of the best” and had this weird feeling that I could do it.
What advice could you give someone new to social trading (and want to become A Top Trader)?
It’s a bit weird, but my advice is that sometimes the copiers can be your worst enemy! They will be pushing you to change your strategy and plan everyday, because they want to make more money and faster. I try to not respond to this and stick to my principles, otherwise you will break your own rules and put your trading strategy at risk. Stick to what you know and don’t be influenced to start trading outside of your comfort zone.
There are a lot of copiers that understand the process and will stay with you and accept your policy! And you want that kind of copiers, because you respect their money and their trust they have in your strategy.
What is the key to long term success in social trading?
The most important part of this question is “long-term”. In forex, you can make money really quick and then lose everything in one day If this is your strategy you need to know when to walk away.
If you want to play a long-term game you need to remember about money management and what returns are realistically possible in the forex market.
Do you use Etoro exclusively for your social trading and what makes them so good?
Yes. From what I know, they were first with the idea of social trading. The platform is great and really easy to use. I respect them for the idea of social trading. They are a leader in this field. I have had the opportunity to meet their CEO Yoni Assia and a few employees and they are fantastic people with very positive energy.
Ok thanks Dawid, really appreciate your time today. Have a great end to 2017 and all the best for your trading strategies in 2018!
4exPirates Performance stats for previous 3 years:
Click here to view eToro Top Trader 4exPirate profile.
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