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Copy trading is an investment strategy where investors replicate the trades of experienced or professional traders in real-time. By automatically copying the trades of successful traders, copy trading platforms allow less experienced investors to benefit from the expertise of others. This strategy is popular in forex, cryptocurrency, and stock trading, providing a passive approach for investors who want exposure to markets without actively managing their trades.
An investor on a copy trading platform follows a successful forex trader, automatically replicating all their trades in their own account, profiting from the expert’s strategies.
• Copy trading allows investors to automatically replicate the trades of professional traders.
• It is popular in forex, cryptocurrency, and stock markets.
• Suitable for investors seeking passive trading strategies without active management.
Investors select a trader to follow, and the platform automatically replicates that trader’s trades in the investor’s account in real-time.
It allows inexperienced investors to benefit from the expertise of successful traders without actively managing their own trades.
The primary risk is that the copied trader may make poor decisions or suffer losses, which are automatically replicated in the follower’s account.
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