This is quite a serious professional growth, which is the dream of many traders. In the future, they can become financial advisors - investors can entrust their assets to such traders. They create a good reputation for themselves if their transactions are copied by many other traders. Thus, this perspective trend was discovered and quickly gained popularity.Ĭopy trading is convenient not only for beginners who have just started trading cryptocurrency but also for professionals. It was not necessary to constantly monitor trading signals via e-mail or in traders' chats. Brokers quickly realized the potential of systems that allowed traders to automatically copy deals. The history of copy-trading began in 2005 when traders started copying specific algorithms developed during automated trading. The main trader will receive a portion of the profits or set a service fee for each copied trade. This is one of the easiest ways to get a regular income from investing without spending a lot of time studying the market or charts. The one who copies trades may be completely new to investing or completely ignorant of the specifics of the market. Traders can copy deals of the main trader according to his strategies, believing that he has experience in the digital market. This way, you don't need in-depth knowledge of financial markets. Copying trades allows you to potentially benefit your skills. In other words, copy trading is one of the easiest ways to take advantage of other traders' expert knowledge. In copy trading, the trader has no influence on the deal and gets the same result as the trader he chose.
ICOPY BOT LICENSE MANUAL
The manual method is useful because it helps the investor to evaluate the strategy before copying. There are even closed channels or groups created in social networks, where investment gurus advise when to buy and sell assets. Receiving a hint from a professional trader, the investor trades himself. This is a good option for those who already have basic procedural trading skills and knowledge about cryptocurrencies. The investor chooses a trader whose strategy he will copy and manually places selected orders in his exchange account. Some beginners choose to learn trading from professionals in practice. Automated copy trading is convenient because it saves time and, moreover, is a passive source of income. Copying of transactions will be made automatically and will be displayed in his personal account. It is only necessary to choose a platform, register, pay the tariff and choose one or several offered traders. This method is widespread among beginner traders. There are two types of copy trading: automatic and manual. The trader decides how much to invest and automatically copies all the dealings of the selected trader in real-time - any deal opened by the trader is also displayed in his account. The mechanism of their use is quite simple, and it is not difficult to understand. Another name for copy-trading is copy trading signals. It is a method of trading on financial markets that allows the automatic copy of transactions of other traders. The name "copy trading" speaks for itself.
0 kommentar(er)
