It’s all in the name! Copy trading allows you to directly copy the positions taken by
another trader. You decide the amount you wish to invest and simply copy everything they do
automatically in real-time – when that trader makes a trade, your account will make that
same trade as well. You do not need to have any input on the trades, and you get the
identical returns on each trade as your chosen trader. But by copying another trader, you
could potentially make money based on their skills. In fact, no advanced knowledge of the
financial market is required to take part!
Copy Trading is both a product and a service. We cater to both the traders and investors
looking to capitalize in the cryptocurrency trading. Being able to copy trades from several
expert traders and also allow investors to follow one’s trades is a great service in and of
itself.
We have been trading markets for many years and recently started trading crypto currencies
with much success. We originally wanted to put together a portfolio of coins and manage
everyone’s funds in one account but we soon realized that account segregation and being in
control of your funds is the only way to go, especially if we wanted to bring in outside
investors. So, after looking around and finding out that there was no way for anyone to copy
someone else’s trades (unlike any other market), we decided to
start working on this project.
There have been many challenges and obstacles to overcome but when something is worth
pursuing you do it even if it’s hard. While the service is still being refined and improved
on the daily bases we are actively connecting traders and investors for the mutual benefit
in crypto currency trading/investing
The history of copy trading goes back to 2005 when traders used to copy specific algorithms
that were developed through automated trading. Brokers recognised the potential of having
systems where any linked to that trader could automatically copy their trading account.
There was no need to constantly monitor email signals or trading ‘chat’ rooms. We think they
were onto something. Out of this were born services that allowed traders to connect their
personal trading accounts to their platform. Traders no longer had to submit their specific
strategies. The popularity of copy trading has since exploded.
1 in 3 say a traditional stock market approach is over-complex and this can be simplified
by automatically following traders. 1 in 4 investors said they were considering Copy trading
last year
Here is how the copier works: You, as an investor, simply select an expert or experts that
you want to copy trades from. Once you are signed up, this is the only action needed on your
part.
Once you’ve taken care of the above, you are all set. There are no codes that you need to
run or signals for you to manually input. Our software will handle the trade copying
automatically on your behalf. We monitor your experts trading activity and as soon as there
is a trade, we calculate all the necessary parameters and execute the trade.
The only thing you have to make sure of is that you have enough funds available in your
trading account. When the expert exits a position, you too will exit it. Automatically.
WHO ARE THE EXPERTS
We carefully select expert applicants. We get to know them as a trader and examine their
trading performance over a period of time. We also tend to look for expert who already have
a following to further confirm their competence (social proof). You can also read about
every expert on their individual performance pages.
HOW DOES THIS WORK
Here is how the copier works: You, as an investor, simply select an expert or experts that
you want to copy trades from. Once you are signed up, this is the only action needed on your
part.
Once you’ve taken care of the above, you are all set. There are no codes that you need to
run or signals for you to manually input. Our software will handle the trade copying
automatically on your behalf. We monitor your experts trading activity and as soon as there
is a trade, we calculate all the necessary parameters and execute the trade.
The copier works based on trade percent amount. So, for example, if your expert takes a
position in XYZ coin for a total of 10% of his account value and you are 100% allocated to
that expert, then the copier will also execute a trade in your account in the amount of 10%
of your account value.
The only thing you have to make sure of is that you have enough available base currency
that your expert trades with, in your trading account. How much is enough? First, you must
meet the exchanges minimum order amount (let’s say about $10 per trade to be safe). That
means that if your expert executes a 5% order, you must have at least $300 in your account
total value (at 100% expert allocation as an example). This also means that you need to have
at least 10% or higher in available base currency to avoid missed trades.
When the expert exits a position, you too will exit it. Automatically. You can also change
allocation at any time.