Mirror Trading - Automated TradingThe best social trading and copy trading sites integrate functions on their platforms that allow a user to activate copy trading by choosing the traders whose trading strategies he wants to copy.
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How does social / copy trading work?
The best social trading and copy trading sites integrate functions on their platforms that allow a user to activate copy trading by choosing the traders whose trading strategies he wants to copy.
Everything is done automatically, whether on Etoro or other platforms like Earnex, you choose the trader (s) that interest you and you will be able to copy their trading strategies to your personal account.
These trading platforms have marketplaces or marketplaces where you will find professional traders who make their trading skills and strategies available to other users.
You can of course follow several traders and several trading strategies at the same time on your account.
It is also recommended to spread your capital over different trading strategies so as not to focus your investment on a single trading pair but several in order to spread the risk (risk management).
Everything is done automatically, whether on Etoro or other platforms like Earnex, you choose the trader (s) that interest you and you will be able to copy their trading strategies to your personal account.
These trading platforms have marketplaces or marketplaces where you will find professional traders who make their trading skills and strategies available to other users.
You can of course follow several traders and several trading strategies at the same time on your account.
It is also recommended to spread your capital over different trading strategies so as not to focus your investment on a single trading pair but several in order to spread the risk (risk management).