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Trading Strategies

What Is Copy Trading

Copy trading places one account's trades again on other accounts that have subscribed to it, scaled to the size of each account and a moment later. This paper shows you the scaling in numbers with example accounts, the idea as a mirror that repeats without an opinion, the moment late measured on one real five-minute bar of gold, what a follower pays that the provider does not, and the Signals tab on your platform where the copying is set up and capped.

Difficulty
Beginner
Reading time
5 min
Pages
8
Reviewed by
Saman Rahbar

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The copy in numbers

Copy trading places one account's trades again on other accounts that have subscribed to it. With example accounts: a provider with 10,000 trades 1.00 lot of gold; a follower with 2,000 has subscribed, and the same trade is placed on the follower's account a moment later, scaled to the smaller account, 2,000 divided by 10,000 times 1.00, which is 0.20 lot. The same symbol, the same direction, a fifth of the size. The figures are an example. The scaling rule is the part that is real, and every copying service has one.

A mirror

Picture a mirror. Whatever the provider does, the reflection does: the same symbol, the same direction, the same moment of opening and closing, at the size of the follower's glass and a fraction of a second late. A mirror adds nothing of its own and takes nothing away; it has no opinion about the trade. That is what copying is. It is also what copying is not: the follower does not learn the reason for the trade, only its shape, and when the provider stops, the glass is empty.

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