Verse Network Time:2023-09-01 12:13:34 Read:509
What is copy trading anyway?
In copy trading, an investor follows the trades of a trader who has usually already established a reputation as a successful trader. Often this can be verified by past trading history, a personal CV with an indication of experience or the rating by the community. With regard to past performance, however, it should be noted that it is no guarantee of future profits. As soon as a suitable and successful trader has been found, he or she acts as a signal generator, so to speak. In order to copy the trades of the signal provider, you do not need any financial knowledge of your own. You can simply follow the currency trading of a professional. This process can be automated. Then your trading account automatically implements the trades that the selected professional executes on his own trading account. You can also trade yourself and add signals or tips from experts or other successful traders to your own strategy.
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