Copy Trading 2024: A Beginner's Guide
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Ongoing, First published Jul 09
What is Copy Trading?
When you copy trade, you do the same trades that more experienced traders do.. This means
that when they buy or sell assets, the same transactions are automatically executed in your
account. It lets you use the knowledge of skilled sellers without having to trade yourself.
How Does Copy Trading Work?
1. Choose a Broker: Select a forex broker that offers copy trading services.
2. Select a Trader to Copy: Review the performance of various traders and choose one
whose trading style matches your preferences.
3. Allocate Funds : Choose how much you want to spend on copying the seller.
4. Automatic Copying: Once set up, all the trades made by the selected trader will be
mirrored in your account.
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