#FollowTheLeadTrader How does it work?
* Trader selection: The investor chooses which traders they want to follow, based on their historical performance, strategies, and risk level.
* Automatic replication: Once the trader is selected, the trades they make will be automatically copied to the investor's account.
* Proportionality: The investor can decide how much capital they want to allocate to copying each trader, and the trades will be replicated proportionally.
Advantages of copy trading
* Accessibility: It allows beginner investors to participate in financial markets without needing deep technical knowledge.
* Diversification: You can follow several traders with different strategies, which helps to diversify risk.
* Time-saving: It eliminates the need for market analysis and making investment decisions individually.
* Learning: Observing the trades of experienced traders can be a way to learn about investment strategies.