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.