Copy trading

Copy Trading is the act of emerging trends like social trading, mirror trading, and much more into a wider form. It enables you to have the ability to directly copy a trade or trader that you want to emulate. What is best about Copy Trading, is the fact that it is on a smaller scale that is best suited for someone that only want to be involved on that size of scale or are beginners.
Copy Trader
As a Copy Trader you can select individual traders to copy, rather that is their whole investment strategy or individual tradings. Using Copy Trading is a more simpler and flexible model, offering more freedom to investors, and the ability to relax and enjoy trading.
History
Copy Trading or Copycat Trading forms part of the wider emerging trend of Social trading which also includes Mirror trading. Copy trading evolves automated trading or algorithmic trading combined with Social Media real time data feeds.
Copy trading is a simpler alternative to Mirror trading and appeals to a beginner and smaller volume trader. It works by the user selecting a trader or multiple traders concurrently and the system directly copies their buying and selling activity in the users account. Real time data feeds are visible to the user on their chosen social trading network allowing them to keep up to date with their accounts for example on Facebook. Forex and other sources are a form of Copy Trading and ways that it can be conducted. It is the many forms of strategies that help to produce the form of trading within the stock market.
The percentage of account balance that the user can assign to a single trader is automatically restricted and is proportional to the amount the user has invested. It eliminates the traditional prerequisites for trading including intensive research, high risk, large investment size and the need for a broker thus eliminating brokerage costs. Copy trading eliminates the traditional gatekeepers to the investment world. It is open to everyone regardless of education, sex, race, nationality or wealth, thus revolutionizing the financial world. Many new companies have mushroomed in this field in the last two years.

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