What is Copy Trading

sevenstarfx

Banned
Dec 4, 2023
2
1
9
31
Saint Vincent and the Grenadines
347135619_658590302759605_8909292557496803014_n.jpg
[URL deleted] Copy trading, found within financial markets, involves less experienced followers replicating the trades of more seasoned or successful Providers. It includes mirroring the actions of these adept Providers, either automatically or manually, with the aim of leveraging their expertise and potentially attaining comparable investment outcomes.
 
Last edited by a moderator:
  • 👍
Reactions: Sulphate.fx
May 13, 2023
116
14
24
40
Do you think copy trading is a smart move? I think it's good to ask for tips from the pros, but straight-up copying them might not be such a great idea. It could end up losing you money.
 

Ethan.ishere

Newbie
Jan 4, 2024
11
1
4
36
I find it quite interesting to be able to do what actually successful traders are doing and to gain some insight into their view of market dynamics.
 

Phill88

Trader
Dec 17, 2023
56
10
14
Germany
I find it quite interesting to be able to do what actually successful traders are doing and to gain some insight into their view of market dynamics.
Blindly copying trades without understanding the market can lead to big losses. Learning from them is valuable, but you need caution and research to avoid risks.
 
  • 👍
Reactions: Ethan.ishere

Usman7789

Trader
Apr 6, 2024
2
0
6
31
in copy trading i think you can earn money but you are not be able to learn this program .Copy Trading can help you for extra cash but you don't ger knowledge and for better knowledge you have to learn Forex Trading first.
 
Feb 18, 2024
10
2
4
35
Viewing copy trading as a learning opportunity from experienced traders and a way to profit from their strategies can be beneficial, but it may not be effective in every market or situation and also carries inherent risks.
 
Mar 29, 2024
4
0
1
21
It's not necessarily good, or bad. Depending on a lot of factors, you can make some money with copy trading but if you don't learn from the strategy you are copying you're just a freeloader who will fall off eventually. Also, there is the matter of risk tolerance and available capital.