What is Copy Trading?

[Suba]

Copy trading is not a new method, as it has been used in forex trading since 2000, and now many traders are implementing copy trading in cryptocurrency trading.
Copy trading is a service that allows traders to automatically copy trading positions made by expert traders by linking their accounts. Every position taken by an expert trader is automatically copied to the copy trader's account. The amount invested in copy trading depends on two things: the amount bet by a copy trader, and the permissible percentage of the amount that can be invested in one trading activity, as determined in the platform's policies.
Profits of expert traders will get commission from novice traders, the risk of crypto trading is smaller than trading themselves, novice traders will learn how to trade and crypto trading strategies, but I don't really understand the disadvantages of using copy trading, maybe you can explain the disadvantages using copy trading.

 

[Eren Jaeger]

It's not just a chatty diversion. If you really want to educate yourself on trading, then copy trading is a revolutionary learning tool; previous generations of traders would have killed to have it. But if you think copy trading is an easy way to make passive income, then you've really got the wrong idea.

 

[Damscooguns73]

Concerning copy trading. Well, I believe this is an avenue for people who are interested in learning forex but dont know how to go about it, copy trading aallows you to copy an experts trading options of your choice and place your money to yield profit. Recently, I saw an application that does this function and it is called octafx trading

 

[Herzhan]

Copy trading is not a new method, as it has been used in forex trading since 2000, and now many traders are implementing copy trading in cryptocurrency trading.
Copy trading is a service that allows traders to automatically copy trading positions made by expert traders by linking their accounts. Every position taken by an expert trader is automatically copied to the copy trader's account. The amount invested in copy trading depends on two things: the amount bet by a copy trader, and the permissible percentage of the amount that can be invested in one trading activity, as determined in the platform's policies.
Profits of expert traders will get commission from novice traders, the risk of crypto trading is smaller than trading themselves, novice traders will learn how to trade and crypto trading strategies, but I don't really understand the disadvantages of using copy trading, maybe you can explain the disadvantages using copy trading.

Copy Trading enables individuals in the financial markets to automatically copy positions opened and managed by another selected individuals.

Unlike mirror trading, a method that allows traders to copy specific strategies, copy trading links a portion of the copying trader's funds to the account of the copied investor.[1] Any trading action made thenceforth by the copied investor, such as opening a position, assigning Stop Loss and Take Profit orders, or closing a position, are also executed in the copying trader's account according to the proportion between the copied investor's account and the copying trader's allotted copy trading funds.

 

[Ralphjoe]

This copy trading feature is a good initiative from cryptocurrencies. This will make a novice trader to learn how to trade from watching experts trading,learning their strategies and becoming good in trading in cryptocurrencies.

 

[JamoPosh]

Its a kind of trading where trader are given the licensed to use and emulate a strategy or a done for you signal to trade from a reliable source which are professional in the game. I believe the reason behind is protoming the broker in other to dominate the industry with their offer and good feature that might benefit more interested users. It a trading models of getting acquainted and sticked to a broker in other for it to gain ground with their side attraction called copy trade.

 

[lelakil3]

Copy trading is not a new method, as it has been used in forex trading since 2000, and now many traders are implementing copy trading in cryptocurrency trading.
Copy trading is a service that allows traders to automatically copy trading positions made by expert traders by linking their accounts. Every position taken by an expert trader is automatically copied to the copy trader's account. The amount invested in copy trading depends on two things: the amount bet by a copy trader, and the permissible percentage of the amount that can be invested in one trading activity, as determined in the platform's policies.
Profits of expert traders will get commission from novice traders, the risk of crypto trading is smaller than trading themselves, novice traders will learn how to trade and crypto trading strategies, but I don't really understand the disadvantages of using copy trading, maybe you can explain the disadvantages using copy trading.

How it is made up and how to invest in it ? Would it be a task for everybody that can earn a coin from farming it is nice to hear that. I only just know a copy business which letting review on the any material then it is needed to check then submit if its accurate then can earn points.

 

[Shakeel5676]

FXTM Invest enables you to access the opportunities of trading without any technical skills, and the minimum of time. Just choose to copy FXTM traders (known as Strategy Managers) who are right for you and make their trading strategies available to follow. We’ll do the rest!

 

[WhiteHouse]

Copy Trading is a type of investing that permits customary speculators to duplicate the exchanging conduct of others, regardless of whether they are "specialists" or "retail" financial specialists.

As a rule, and clearly, these speculators that permit others to copy them, get a return – it can either be a benefit sharing, fixed month to month expense or other charge type.

Copy Trading requires little knowledge about monetary business sectors – you should simply know how to survey the speculator's presentation and profile, to decide if you ought to or not follow him/her.

 

[Jeremiah Trump]

Firstly what is copy trading: copy trading is a kind of investment that allows customary speculators to duplicate or copy and paste the exchanging play of others without any technical skills and the minimum time .just choose the Fxtm traders and from there you choose who are right for you and make their strategy yours.

 

[Oliver 20]

Copy Trading empowers people in the monetary business sectors to naturally duplicate positions opened and oversaw by another chose individuals.While most duplicate brokers don't succeed, on the grounds that they pick too dangerous signs and more often than not wind up exploding their record, it is in reality conceivable to prevail with duplicate exchanging by applying right danger the executives rules

 

[Caali]

Copy trading is a methodology in which investors’ trade by automatically or manually copying another investor’s trades. In other words, Copy trading enables traders in the financial markets to automatically copy positions opened and managed by a selected investor,

 

[Nathaniel]

Copy Trading enables individuals in the financial markets to automatically copy positions opened and managed by another selected individuals

 

[Quert]

The copy trade connects a portion of your portfolio to the trader's portfolio. All open trades are copied to your account until you copy a trader. In addition, all their acts will be copied to your account automatically in the future.

 

[Oche Diligence]

Copy trading is a branch of social trading, where one trader's positions are copied by another trader's account.
Copy trading is popular with traders who lack expertise in a specific market and those who have limited time to commit to trading. Before you start copy trading, it’s important that you have carried out your own analysis on a position or particular market before you commit real capital to it.

 

[redpogi16]

Copy trading
Copy trading was born out of mirror trading in 2005. Copy trading allows traders to copy trades executed by other investors or traders in financial markets. The basic goal of copy trading is for the trader to have the same positions as the investor or trader they are copying. When copying another trader, one doesn’t receive the layout of the trader’s strategy, but simply follows their trades blindly. This is compareable with mirror trading, which allows one to copy a trader’s actual strategies.

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[Adetayo100]

Copy trading connects a part of your portfolio with the portfolio of a trader of your choice. Once you copy a trader, all of their opened trades are copied to your account. Furthermore, all of their actions in the future are automatically copied to your account.

 

[Obaterof]

Copy trading is a relatively new concept where any budding trader, usually with good performance, can allow other traders/ investors to view their performance history and choose to link their account to it.

 

[Nurudeen]

Yes I agree with your definition of what copy trading is all about. In this trading most especially forex trading if you know that you don't know how read charts or trade the best thing for you to do is to go for copy trading that is you pay for subscription and the expert you are paying will now then be giving you signals

 

[Olahab]

Copy trading allows traders to copy trades executed by other investors in the financial markets. The goal of copy trading is for the trader to have the same positions as the investor they are copying.