Copy Trading: What Is It and How to Get Started?
Copy Trading (CT) is a method that is used by individuals to work on Forex or other financial markets. The main feature of the method is the minimum amount of knowledge and experience needed to get started. Why would you develop new trading strategies if you can just copy them from experienced participants? Indeed, it is not forbidden to repeat the actions of other participants, and many novice traders successfully use CT. If you copy trades from another person, then you are called a copier and the other trader is called a lead (you can also say “signal provider”). It turns out that you can benefit from the actions of experienced colleagues, and if you choose the right lead, you are highly likely to make a profit.
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