Today's Word. For the topic Copy Trading consisting of 8 letters

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How Copy Trading works, the investor has the option to "copy" every action taken by another trader automatically, in order to replicate their performance on their personal account. With Copy Trading service, the investor does not put their money in the hands of a fund manager, i.e., another trader (as happens with common investment methods).

Advantages of Copy Trading

Copy trading allows you to diversify your investment portfolio in markets you are unfamiliar with but want to be exposed to.

Through copy trading, you can access the expertise of another trader or make the most of seasonal trends that you typically do not consider a potential opportunity.

With copy trading, you can make the most of your time by making decisions based on the choices of successful traders.

Disadvantages of Copy Trading

Copy trading may not provide a strong incentive for traders to conduct their own research and understand the markets.

Copy trading does not eliminate risks - and sometimes copy trading boards can be used by traders seeking to influence market prices for their own financial gain.

Although copy trading can help you when you are just starting out, it is not the only available trading strategy -