Ano ang Copy Trading ? (Bahagi 02)

Unang Bahagi : https://cutt.ly/8cfJ4mf

Mga Pangunahing Kaalaman sa WikiFX (04 Abril 2021) -

Copy Trading Vs Social Trading

Social trading focuses more on gaining ideas and insights from different websites and services in order to develop new strategies, share tips and invest in tools. Copy trading is more focused on replicating trades and profiting from the results only.

Beginners or new traders may want to start with social trading to help them understand market behaviours and trends, before committing to copy trading. Companies such as Liteforex for example, offer comprehensive networking tools which provide valuable exposure to complex strategies and market research.

Ang Copy Trading sa Cryptocurrency

Cryptocurrencies are a relatively new entrant to the financial markets, offering volatility and profit potential. Many providers are quickly working to offer copy trading on leading crypto coins, including Bitcoin, Ethereum and Litecoin. Much like you would copy forex positions, users can mirror trades on crypto only pairs plus crypto and fiat currency pairs.

Leading providers, such as eToro, offer copy trading on cryptocurrencies, along with dedicated crypto platforms, such as Coinmatics and 3Commas. The latter two offer intelligent crypto copy trading robots that quickly execute market positions in real-time. Clients benefit from a user-friendly dashboard to follow their investment.

Ang Mga APP ng Copy Trading

One of the benefits of copy trading is that you leave the heavy lifting and analysing of the financial markets to others. As a result, its quick and easy to manage your copy account and track results from your mobile.

MetaTrader 4, MetaTrader 5, eToro and many more popular providers offer downloadable mobile apps for iOS and APK devices. One installed, clients can compare traders, consider strategies, fund their account, and start copying trades in a few clicks.

Ang Diskarte sa Copy Trading

It‘s important to consider how your own trading strategy aligns to that of providers you wish to copy. This will help to ensure there isn’t a major disparity in risk tolerance, for example.

Important strategy considerations include:

• Risk – Quantify your risk appetite – how much market volatility are you willing to accept and what alerts and tools will you put in place to manage your risk？

• Markets – What financial markets do you want to invest in？ Forex, stocks, indices, commodities and cryptocurrencies are all popular markets. Its important to understand the market you wish to invest your money in.

• Fixed or flexible – How much control do you want to have over your capital？ Fixed and fully-automated copy systems will see you mirror trades with minimal control or input. Those wanting more influence and control may want to opt for a more open and flexible system.

• Research – There is a danger with copy trading that clients won‘t do their due diligence before investing large sums of money. It’s important to not only carefully research providers before you sign up, but also to regularly monitor trading performance once your capital is on the line.

• Leverage – Leveraged copy trading lets you increase your position sizes with small capital outlay. This means you can increase your profit potential and diversify your portfolio by mirroring the trades of multiple providers. Leverage rates vary depending on your jurisdiction, CySEC regulated providers, for example, cannot offer more than 1:30 leverage.

Ang Mga Signal ng Copy Trading

As the name suggests, signals are essentially indicators that followers can use to take a position on the markets. Once youve received a signal, you can then edit your settings and trading parameters in line with your strategy. Signals tend to offer more flexibility than fixed and automated copy trading. You may want to edit your trade size, stop loss and take profit levels before you execute trades.

MetaTrader 4 and MetaTrader 5 are two leading signals providers, with thousands of top traders offering free and paid alerts.

(To Be Continued ...)

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